20 Dec. 2013. "Phil Collen Biography." Phil Collen :: Biography. N.p., n.d. Web.
The small amount of resources that the federal government ... ... middle of paper ... ... home for thousands of American during the 1930’s, even though hoovervilles weren’t the most ideal places to live. Hoovervilles were full of sickness, crime, and death. A large portion of Americans would say that hoovervilles were bad things because of all the crime and death that happened there, but what they don’t realize is that hoovervilles were a huge help to a large number of the victims of America's economic downfall that we call the great depression. Works Cited Gregory, James. “Hoovervilles and Homelessness” Depts.Washington.edu.
Hoover plan was to beat poverty; but, he caused more people become poverty-stricken. He became very unpopular amongst the people in the United States. Unsuccessfully, his plan did not work for the betterment of the American people. The Great Depression Causes The causes of the great the Great Depression were over expansion, speculation, bankruptcy and a pattern that has repeated itself through out the United States history. In a five time span Americans salary did not equal to their contributing.
In addition to North America, the Depression greatly affected Europe and other various countries throughout the world significantly during the 1920’s and 1930’s. The Great Depression was caused by the collapse of the Stock Market, which happened in October of 1929. The crash exhausted about forty percent of the paper values of common stocks. It was the worst depression due to the fact that at the time of the Great Depression the government involvement in the economy was higher than it had ever been. A unique government agency had been set up exclusively to prevent depressions and their related troubles for instance bank panics.
The Stock Market crash caused the Great Depression by making investors and companies losing majority of their money. The stock market crash happened on October 29, 1929 and was caused by the trading and selling of 12.9 million stocks. The Great Depression lasted from 1929 to 1939 and was the worst economic crisis which caused many people to become unemployed, businesses, and banks started to close and fail. Also the depression challenged American people and families by putting them in economic and social issues. Millions of people and families lost their savings and many banks which failed in the duration of the