USA In the 1930's the great depression
- overproduction
- stock market
- tariffs
- international debt
- weak european economy
A Boom followed by a bust: "Brother can you spare a dime"
- Consequences of the depression =
- unemployment
- bank failures and closures
- government changes
- more tariffs
Herbert Hoover and the Hoovervilles
- Free Enterprise
- Introduces socialist measures
- People unhappy "Hoovervilles"
- Replaced by Franklin D. Roosevelt in 1932 election
- Brought in the dole
- hoover was hated
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summar
- people hate huber hoover, introduced socialist measures