https://padlet.com/2010003153/iq35gau64dx8o3hu Made with charisma en-us 2021-11-18 20:20:28 UTC 2025-10-25 07:23:17 UTC hello@padlet.com 2010003153 https://padlet.com/2010003153/iq35gau64dx8o3hu/wish/1900510339 The Stock Market was economically expanding as more people began to invest with the availability of credits. These credits also contributed to more consumerism leading to the value of businesses to rise. Businesses' stock value exceeded their real value which eventually caused the decline in business value to occur with less purchasing happening in the economy as many accumulated debt from their reliance on purchasing using credit. Many panicked as stocks declined. This led to the mass-selling of stocks to avoid heavy loss, especially since many purchased stocks using credits.This led to 16,14,030 shares being traded lending to the loss of billions of dollars. Stocks values fell to 20% of what they were with this day factoring into The Great Depression. ]]> 2021-11-18 20:27:40 UTC https://padlet.com/2010003153/iq35gau64dx8o3hu/wish/1900510339 2010003153 https://padlet.com/2010003153/iq35gau64dx8o3hu/wish/1900512035 As the Depression worsened throughout the country, many were left to fend for themselves after being evicted. The inability to support one's self as a lacking job market contributed to heavy nationwide unemployment left many to direct attention at Herbert Hoover for guidance in assisting the public, yet his hand-off governing approach lacked what the people wanted. Homeless citizens began forming areas known as "shantytowns." These later became known by the name 'Hoovervilles' given by the public. These 'Hoovervilles' consisted of utilizing salvaged materials for construction such as lumber, paper, glass, cardboard, tin, etc. Some privately funded "Hoovervilles" were led by the formation of individual communities in the position of spokespersons & mayors.]]> 2021-11-18 20:28:43 UTC https://padlet.com/2010003153/iq35gau64dx8o3hu/wish/1900512035 2010003153 https://padlet.com/2010003153/iq35gau64dx8o3hu/wish/1900512904 Franklin D. Roosevelt became the 32nd president of the United States. His governing varied from the previous administration's known ways of governing through the principles of a laissez fair-isc economy. This led to FDR confronting an obstacle in his ambitious plan of passing his New Deal reforms for the country. Roosevelt added liberal justices to The Supreme Court to neutralize the heavily conservative Supreme Court which blocked the passing of the New Deal. Roosevelt was able to bypass the court and finally implement his New Deal reforms. These reforms adjusted the interest rates as well as repair farm subsidies and construct new short-term work programs to increase employment. The public's opinions saw a shift as people became more welcoming to a more present governing strategy.]]> 2021-11-18 20:29:17 UTC https://padlet.com/2010003153/iq35gau64dx8o3hu/wish/1900512904 2010003153 https://padlet.com/2010003153/iq35gau64dx8o3hu/wish/1900514099 The escalated stakes of the 1932 Presidential Election overlapped with the ongoing economical travesties which were continuously plaguing all paths of America. People were desperate for meaningful change as the popularity of the then incumbent President Herbert Hoover began to dwindle. Franklin D. Roosevelt constructed his platform off of the failures of Herbert Hoovers' Presidency with the introductions of his potential Presidential policies such as "The New Deal." As people felt isolated in the current iteration of the federal government, people heard the promise of Roosevelt's utilizing the federal government to directly implement programs to better the U.S. then depleted economy. This would help lead to 23 million voting in favor of Franklin D. Roosevelt over Herbert Hoover who received 16 million votes]]> 2021-11-18 20:30:06 UTC https://padlet.com/2010003153/iq35gau64dx8o3hu/wish/1900514099 2010003153 https://padlet.com/2010003153/iq35gau64dx8o3hu/wish/1900514713 Herbert Hoover was the 31st President of The United States. His approach towards governing the country was following the ideas of Laissez-Fair. This economic policy led the Roaring 20s to occur during the Presidency of Calvin Coolidge of which Herbert Hoover served as Secretary of Commerce. Although this policy was heavily favored by most as it bred forth a free market constantly innovating, it would also help tear down what it formed. With Herbert Hoover taking place as the 31st president, we started to see the negative effects spiral out of the Roaring 20s. Stocks were falling as debt rose. Soon enough, many were left unemployed in a country whose economy collapsed. Herbert Hoover public opinion shifted as he vetoed bills that commended direct relief for the citizens as he viewed the economic problems would be best resolved by the people. Hoover saw this concept of fixing the problem as mandatory in supplementing the push towards a stronger Nation. Hoovers' hopes never came to fruition as this only painted him in a negative light within the eyes of the public which instead viewed Hoover as an unsympathetic leader who was unfit to lead the country during times of crisis. ]]> 2021-11-18 20:30:30 UTC https://padlet.com/2010003153/iq35gau64dx8o3hu/wish/1900514713 2010003153 https://padlet.com/2010003153/iq35gau64dx8o3hu/wish/1902871230 2021-11-19 20:09:28 UTC https://padlet.com/2010003153/iq35gau64dx8o3hu/wish/1902871230 2010003153 https://padlet.com/2010003153/iq35gau64dx8o3hu/wish/1902959286 2021-11-19 21:28:11 UTC https://padlet.com/2010003153/iq35gau64dx8o3hu/wish/1902959286