Hoover was a republican, and a very conservative one at that, so because of his conservative beliefs, he was restricted in helping the country besides through matters of private charity and stimulation of businesses. But the help he provided wasn't enough for the country, America needed more help, which would have to be provided through the federal government.
In the Great Depression, over 11,000 banks failed, and over one million family farms were lost.
It is useful sometimes for people with depression when all other treatment and medications have failed. It only works for depression though.
The Great Depression was a period when the banks failed. It happened after World War I. The Stock Market collapsed in 1929.
depression
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Hundreds of publicly traded companies failed during the Great Depression. This came as a result of poor economic conditions in the United States prior to World War II.
The failure of a large investment bank is what led to the economic depression in Britain in 1873. The bank that failed was Jay Cooke and Company.
The Great Depression, 1929 to 1940. Most countries economies failed during the Great Depression, so they frequently turned to a strong leader with easy answers to solve their problems.
The Great Depression was a period when the banks failed. It happened after World War I. The stock market collapsed in 1929.
The depression ended it in October of 1929. The stock market crashed, banks failed, and people were out of work.
The Britain economy was steady while the United States had failed to solve their problems.