Within weeks of Black Tuesday, the stock market lost $30 billion. The Great Depression
became...
History, 08.04.2020 22:03, shashayantie6556
Within weeks of Black Tuesday, the stock market lost $30 billion. The Great Depression
became the worst economic depression in history. In America, 30,000 businesses failed in
1932 alone. In 1933, the unemployment rate was 25 percent. People left their homes and
families in search of work opportunities that didn't exist. Herbert Hoover, the president at
the time, did little more than tell Americans "everything is going to be just fine...any day
now." He was wrong.
In the 1932 election, Hoover was defeated by Franklin Delano Roosevelt (FDR), who would
go on to become the longest-sitting president in US history.
The author of this passage would most likely agree with which of these statements?
A
It was smart for people to leave their families in search of work in 1932.
B
President Hoover successfully stopped many of the worst effects of the
economic depression.
C
President Hoover did not respond effectively to the economic depression.
Press
D
All Americans needed in 1932 was one encouraging speech from a charismatic
leader.
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Answers: 2
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