Rescuer of the Great Depression

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in the twenties. Freud’s ideas were mainly sexual, and he considered that a liability due to the fact that some large groups of people did not agree with his ideas. Other inventions came from the science field, penicillin and the discovery of insulin for diabetes were both new inventions that came from the twenties era. Dancing was the main source of entertainment. Many people referred to the hobby as dance crazes, which involved dances called: the Charleston, the Shimmy, the Foxtrot, the Sox hop, and many more. The beginning of 3-D movies also came in the 1920s, which made the twenties an interesting era to look forward to.
In 1924, the stock market experienced a remarkable rise, and then in between March 1928 and September 1929 the average price of stock rose to forty percent. In August 1929 product started to decline, and would reach twenty percent. This was when the economy took a turn for the worst. The day that is known as “Black Tuesday,” is one that Americans ...

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President Hoover’s immediate response to the horrifying crash was to limit the financial outrage on different parts of the economic statue. The president was going to start this idea with the collaboration of business and labor. These methods were believed to be associated with Hoover’s familiarity of the 1921 depression.
Various meetings named the Conference for Continued Industrial Progress started in November were held, which contained Hoover meeting with different government, industry, and labor representatives. The meetings agendas were to include the arrangement of how to avoid unemployment. As a conclusion, the men introduced a program that emphasized four main goals. ...

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