Scribd Logo
Upload

Welcome to Scribd!

  • The Depression Notes

    Uploaded by

    api-336555423
    49 views1 page
    In the 1932 election, Franklin D. Roosevelt defeated incumbent Herbert Hoover in a landslide, campaigning on a general plan to address the Depression rather than specific policies. Democrats also won majorities in the House and Senate. Roosevelt's "brain trust" of academic advisors helped inform his approach. The election came as the Depression continued to deepen, exacerbated by factors like the 1929 stock market crash, widespread bank lending practices, and the Smoot-Hawley Tariff Act which damaged international trade and agricultural exports. The Dust Bowl drought further crippled Midwest farms, displacing many farmers.

    Original Description:

    Original Title

    the depression notes

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    In the 1932 election, Franklin D. Roosevelt defeated incumbent Herbert Hoover in a landslide, campaigning on a general plan to address the Depression rather than specific policies. Democrats also won majorities in the House and Senate. Roosevelt's "brain trust" of academic advisors helped inform his approach. The election came as the Depression continued to deepen, exacerbated by factors like the 1929 stock market crash, widespread bank lending practices, and the Smoot-Hawley Tariff Act which damaged international trade and agricultural exports. The Dust Bowl drought further crippled Midwest farms, displacing many farmers.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    49 views1 page

    The Depression Notes

    Uploaded by

    api-336555423
    In the 1932 election, Franklin D. Roosevelt defeated incumbent Herbert Hoover in a landslide, campaigning on a general plan to address the Depression rather than specific policies. Democrats also won majorities in the House and Senate. Roosevelt's "brain trust" of academic advisors helped inform his approach. The election came as the Depression continued to deepen, exacerbated by factors like the 1929 stock market crash, widespread bank lending practices, and the Smoot-Hawley Tariff Act which damaged international trade and agricultural exports. The Dust Bowl drought further crippled Midwest farms, displacing many farmers.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    The Depression

    Election of 1932:
    -

    Republican nominee: Herbert Hoover


    Democrat nominee: Franklin D. Roosevelt
    FDR- loved campaigning- crowds cheered him. He had a very general

    plan, he didnt need to be specific


    Hoover- often booed
    If FDR elected- destroy American free enterprise and American system

    of government
    FDR won by a landslide
    Democrats also won majority in the house and senate
    FDRs brain trust- FDRs group of academic advisors

    Lame Duck Period


    -

    FDR elected in November, took office in March


    In the time between Nov and March, the outgoing president is known
    as Lame Duck

    Depression Connections
    -

    Stock market crash- October 1929


    Buying on margin- risk bank loans
    Smoot- Hawley Tariff- increased tariffs as much as 50%
    In response, foreign countries increased tariffs- the result was stifled

    exports
    Tariff- tax on goods coming in to the united states

    Dust Bowl
    -

    Dust Bowl grips the Midwest


    Drought cripples farms; many go out of business and seek employment
    elsewhere- California and Large cities.

    You might also like