hERBERT HOOVER AND HOOVERVILLES
Depression Causes
-Overproduction
-Stock Market
-Tariffs
-International Debt
-Weak European Economy
As a result:
-Unemployment
-Bank Failures and closures
-Government changes
-More Tariffs
Hoover
-Free Enterprise (Allowing the fittest to survive in business - weaker fail)
-Introduces socialist measure - Dole (welfare)
-People unhappy "Hoovervilles"
-Replaced by Franklin D. Roosevelt in 1932 election
-Overproduction
-Stock Market
-Tariffs
-International Debt
-Weak European Economy
As a result:
-Unemployment
-Bank Failures and closures
-Government changes
-More Tariffs
Hoover
-Free Enterprise (Allowing the fittest to survive in business - weaker fail)
-Introduces socialist measure - Dole (welfare)
-People unhappy "Hoovervilles"
-Replaced by Franklin D. Roosevelt in 1932 election
If Hoover actually helped his people would there ever had been such a long depression?
Summary
The dawes and Young plan were each significant towards building up the US and surrounding economy's. As a result rises were seen in the German and French economy's.
The dawes and Young plan were each significant towards building up the US and surrounding economy's. As a result rises were seen in the German and French economy's.