The Election of 1932 was held at the country’s lowest economic point.
The Republican Party nominated incumbent . He had been President for less than one year when, in October of 1929, the famous took place. The effect was catastrophic, plunging the country into what became known as the . Any attempts to correct the situation- such as the - were unsuccessful, meaning the Republican President took most of the blame, despite the fact that it was an international situation.
The Democratic Party nominated New York Governor . He blamed the Republicans for failing to adequately deal with the dire economic conditions, and promised a for the American people. His plan would include the creation of many and programs to help people recover, provide relief, and initiate reforms to prevent another economic collapse.
The election was a landslide victory for and the Democrats. In his , the new President calmed the nerves of weary Americans, telling them that “the only thing we have to fear is fear itself.”