Herbert Hoover & Franklin Roosevelt

1. Herbert Hoover & Franklin Roosevelt By, Janelly Perez

2. The Great Depression • Causes • 1920 • USA had a very large economy meaning that they had a lot of money • American People discovered the stock market, and “dove in head first” • 1929 • Companies began expanding to the “bubble point” • Stock markets wiped out peoples investments due to them not being able to pay them back (The Great Depression , 2013)

3. President Roosevelt • Roosevelt helped Americans regain faith when they were going downfall • He brought hope as he promised prompt & vagarious action • Practical Politician • “The only thing we have to fear is fear itself” • Born in 1882 at Hyde Park, New York • Elected president on 1932 • Died on April 12, 1945 (Beschloss & Sidey, 2013)

4. Roosevelt's; Actions Programs Civilian Conservation Corps (gave jobs to men who were 18-25) Tennessee Valley Authority (Provided electricity in rural areas and flood control) Agricultural Adjustment Act (Reduced agricultural surplus & raised prices for struggling farmers) Federal Emergency Relied Administration (Gave money to the state and locals to help unemployed Public Works Administration& Civil Works Administration(provided works for unemployed to help the city) Securities and Exchange Commission (Regulated the stock market to avoid dishonest practices) The Emergency Bank Relief Act (loaned money to the banks) • The First New Deal • Gave confidence and hope to civilians • Bank Holidays • “The Hundred Days” (March 9th- June 16th)

5. Who Did Roosevelt Specifically Help? • Provided Recovery for • Business • Agriculture • Banks • The Stock Market • Relief to the unemployed • Helped those in danger of losing farms and homes

6. Roosevelt was able to help those people in need. • When he first came into office he had plenty of ideas to help recover back to a healthy economy • “The country needs bold, persistent experimentation… Above all, try something.” • The New Deal did not restore the economy completely; However, he did change the spirit in the American people; He gave hope to people and have faith in their country. • Roosevelt’s program’s are still useful today such as Roosevelt's Outcome

7. President Herbert Hoover • According to the White House website: • Born in an Iowa Village in 1874 & grew up in Oregon • Because the Republican President in 1928 • “We in America today are nearer to the final triumph over poverty than ever before in the history of any land.”

8. Hoover’s; Actions Programs Reconstruction Financer Corporation (aids businesses' and farmers that faced economical problems) National Credit Corporation (gave money to troubled bank to continue lending money to the people) Reconstruction Finance Program (make loans to banks, railroads, and agricultural institutes) • He asked business managers to keep factories open and to stop slashing wages (voluntary action) • Increase public works • Lended$238,000,000to • 160 banks • 60 railroads • 18 building and loan org.

9. Who Did HooverSpecifically Help? • Hoover helped banks and management (as in businesses) • He believed that was what was need to help aid the country and bring it back to a healthy economy • He focused on what created & made up mostly everything; instead of giving direct relief as Roosevelt did

10. Hoover insured an improvement in the economy; But, within months • The Stock Market crashed tragicall • The nation “spirled downward into depression” • Hunger marches by communist party • 500 men and women were screaming angrily about their hungerness and joblessness • “Feed the hungry, tax the rich” • Farmer Revolts • Farmers began destroying their own crops to raise up the prices (desperate) • Growers burned their crops to keep warm • The Bonus Marches “Bonus Army” (by American Soldiers • Marchers began demanding for the $1,000 they were promised after World War 1 • 15,000 people • Camped out in “Hoovervilles” HooversOutcome Overall, President Hoover failed to bring back the economy. He did manage to expand the role of the Federal Government making history in the United States. However, aside from this, people noticed more of the bad than good, giving President Hoover a bad reputation even until now.

11. The Similarities Between PresidentRoosevelt and Hoover • Hoover and Roosevelt both were presidents during the Great Depression • President Roosevelt and Hoover both supported the Reconstruction Finance Corporation which made loans to banks, railroads and agricultural institutes. • They were also similar in which they brought hope upon the country when it was mostly needed although only one of them was able to succeed decently in providing relief • Both created a huge impact in the Depression (bad or good)

12. Resources • Beschloss, Michael. "Franklin D. Roosevelt." The White House. White House Historical Association, n.d. Web. 6 Feb. 2013. • "48. The Great Depression." The Great Depression. N.p., 2013. Web. 06 Feb. 2013. • Appleby, Joyce Oldham., Alan Brinkley, Albert S. Broussard, James M. McPherson, and Donald A. Ritchie. "The First New Deal." The American Vision: Modern times. New York, NY: Glencoe/McGraw-Hill, 2006. 506-07. Print. • Appleby, Joyce Oldham., Alan Brinkley, Albert S. Broussard, James M. McPherson, and Donald A. Ritchie. "The First New Deal." The American Vision: Modern times. New York, NY: Glencoe/McGraw-Hill, 2006. 502-503. Print.

13. Resources • Beschloss, Michael. "Herbert Hoover." The White House. White House Historical Association, 2009. Web. 08 Feb. 2013 • Appleby, Joyce Oldham., Alan Brinkley, Albert S. Broussard, James M. McPherson, and Donald A. Ritchie. "Hoover Responds." The American Vision: Modern times. New York, NY: Glencoe/McGraw-Hill, 2006. 483-87. Print.