After the United States had plummeted into the greatest depression to face this country while Herbert Hoover lead the country, many voters were looking for anyone with a promising plan and a bright outlook. As banks closed and unemployment rates soared, Roosevelt promised a balanced budget, and spoke of Hoover's rash and excessive spending. ... In one of the areas in America hit hardest by the Depression, the Tennessee River Valley, an act named after the valley was formed to create a "planned economy." ... This act has outlasted the New Deal Administration and the Great Depression, and r...

• Word Count: 1325
• Approx Pages: 5
• Grade Level: Undergraduate

During the early part of the Great Depression, the economy had ground to a halt as a result of the stock market crashing and the unemployment rates skyrocketed as businesses shut down. ... The cause of the Great Depression was really a result of shallow economical prosperity. ... Low prices, suppressed wages and production material prices, and lopsided distribution of income all influenced the spiraling effect of the Great Depression. ... Many believed that the United States would decline into dissolution and little faith was placed with the current policies of Herbert Hoover's administra...

• Word Count: 3128
• Approx Pages: 13
• Has Bibliography
• Grade Level: Undergraduate