The Great Depression Of The Twentieth Century Essay

1650 Words Mar 2nd, 2016 7 Pages
The twentieth century (1929) Stock Market crash set in motion a chain of events that would plunge the United States into a deep depression. The Depression of the 1930 's called for the end of an era of economic prosperity during the 1920 's. President Herbert Hoover was the unfortunate to preside over this economic downfall. Hoover believed the cause of this depression was international, and he therefore believed that restoring the gold standard would ultimately drag the US out of depression by restoring international trade. Hoover initiated many domestic works programs aimed at creating new jobs, but it seemed to have had no effect as the unemployment rate continued to rise. The Democrats chose Franklin D. Roosevelt as their candidate for president (1932) against Hoover. Roosevelt was easily elected in part due to his platform, "The New Deal". This new campaign platform was never fully explained by Roosevelt before the election, but it was shown to the American people as something unique and different from anything Hoover was ever doing to improve the problem. Roosevelt administration 's response to the Great Depression served as a fix to some of the temporary employment problems, while still changing the role of the government, but it failed to return the United States economy to the luxuries of the 1920 's. His administration helped and tried to resolve problems of this Great Depression. While in presidency, Roosevelt caused the federal government to play a very…

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