The Effects Of The 1929 Wall Street Crash And The Great Depression

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Leading up to the presidential election of 1932, the United States had suffered the effects of the 1929 Wall Street Crash and the Great Depression was devastating the country. America was looking for change and urged the government to step in and provide relief. While the current president, Herbert Hoover, did not support government intervention in the economy; the Democratic presidential candidate, Franklin Delano Roosevelt’s platform called for a “New Deal” to restore America’s confidence. He promised unemployment assistance, old-age insurance under state laws, legislation to protect labor, assistance for farmers, development of power plants, a repeal of Prohibition, and a balanced budget. In November 1932 Roosevelt defeated incumbent Republican
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