Q: In the 1920s/30s did the government play a role that helped the people or damaged the United States?
A:In the 1920s, there was a surplus of food, a bull market, and plenty of money. But, when big investors took the advice of stock brokers, and went to sell their stocks, a panic occurred. Due to the extravagant increase of stock prices, no one could afford to buy, and even then everyone wanted to sell. Later President Hoover (who was infamous for the so called ?Hoovervilles?) called this panic the Great Depression, its current name. But, even through this depression the country prospered in knowledge. The Depression brought a clearer view of the political parties and how they would react to the American people. …
