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elected President in 1928 (Republican) |
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delaying payment for something |
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buying and selling of risky stocks in stock market |
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Stock Market Crash of 1929 – |
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in one day the New York Stock Exchanged crashed and stocks became almost worthless |
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October 29, 1929 stocks worth fell almost 75% |
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10 year period of economic crisis with homelessness and no jobs |
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government funded construction projects |
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homeless village named for Herbert Hoover |
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man with empty pockets and no money |
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World War I veterans coming to Washington to get a promised bonus paid early |
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General Douglas MacArthur – |
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led soldiers to remove veterans from government buildings; he burns the Bonus Army camp |
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Franklin Delano Roosevelt – |
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– Democrat who wins Presidential election in 1932 |
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