Buying stocks and only paying 10% at time of purchase.
Buying then selling stocks fast
People Selling stocks too fast
Banks take back loans
Not rich but not poor
58% of people above the poverty line
THINKING, That the government shouldn't play a role in the economy.
"Gave tax breaks in return for private sector economic investment"
Created some relief funds for poor
Government passing a high Tariff to help protect the Industry's, Tariff is a tax on imported and exported goods.
Causing other country's to pass high Tariffs
Making American Banks go bankrupt just like the German Banks
Hoover was unpopular and he was making bad dissensions.
"wouldn't involve himself in any programs of direct gov'tal aid to individuals"
"Isolated protest movements"
Farmers with low milk prices, The dumped out there milk.
Movement to Washington in 1931. A year latter they were forced out of Washington by the Army.
FRANKLIN DELANO ROOSEVELT won by a land slide.