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the great depression

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Title: the great depression

Essay Details:

Subject: History

Author:

Date: June 13, 2015

Level: University

Grade: A

Length: 1 / 263

Essay text:

Being a self made man, his quote in 1928 that "We in America are nearer to the final triumph over poverty than ever before in the history of any land." This was popular opinion at the time, and helped him to get elected. However, By the end of 1932 industry was operating at less than half its 1929 volume. In this same period around 85 thousand buisnesses failed, and the Great Depression was in full swing. Franklin Delano Roosevelt's entrance onto the presidential scene was a welcome change for the American people, who were looking for a different approach than Hoover's "Filter" tactics which helped the rich in hopes that the money would filter down to the poor...

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