Herbert Hoover And The Great Depression

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The stock market crash on Wall Street happened in October of 1929 when President Herbert Hoover was serving in the White House. Hoover's initial actions could be seen as a liberal approach, not completely stepping in and providing massive aid or bailouts but focusing on getting jobs back to the masses who were unemployed. Eventually his policies became more involved as he formed policies to stimulate growth in the country's economy.

The people and groups involved in this historical event ended up affecting everyone: from the president, to every last citizen of the U.S, as well as foreign economic markets. The Great Depression was such a critical event that everyone involved in the capitalistic economy including local, state, federal, and
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