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He went up against the Democratic Candidate Al Smith in the 1928 election. There was very little competition as Hoover had 444 electoral votes and Smith had 87.
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Stock prices immediately fell to 11%.
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It was the fourth largest bank in the country and it was the biggest in history. The economy continued to fall and unemployment rates were getting higher.
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The reason behind the dam being built was to supply electrical power. It also offered many men jobs at the time
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The act increased the income tax rate to 63%. Hoover thought it would help people trust the banks more but the higher taxes did not help
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FDR beats out Herbert Roosevelt and it is a very crucial time for the United States has they are still going through the many economic problems
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It was a series of programs, activities and regulations that were put in place to recover from the depression. It also closed all of the US banks to stop them from continuing to fall
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At that time in history the unemployment rate was 24.9% and the Civil Works Administration helped out the American people by opening up roughly 4 million construction job opportunities
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It was one of the worst dust storms that hit the United States. It resulted in FDR signing the Soil Conservation Act.
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It raised federal income tax on higher income levels, by introducing the "Wealth Tax". It was a tax that took up to 75% of the highest incomes.
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It came with the Wagner-Steagall Act which helped fund public housing projects. He also included the Fair Labor Standards Acts which allowed minimum wage to be set.
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It controlled social security, food and drug safety as well as federal education funding. Its main purpose was to save money and increase efficiency.
