1. New Deal
Eventually the consumers couldn't keep up with the mass overproduction, so they started purchasing goods on credit. ... The poor distribution of wealth was such that wagers could not keep up with the market. ... The American people were in turmoil and they had no one to blame but current President Herbert Hoover. In protest of this Great Depression people built "Hoovervilles" right in front of the White House, so the President could see how the American people were living. ... If America had this kind of economic system, maybe there would have never been the great depression. ...
- Word Count: 1194
- Approx Pages: 5
- Grade Level: High School