Most Americans today DO NOT remember the most severe economic crisis in American history, the Great Depression. ... His two leading Cabinet members were Herbert Hoover and Andrew Mellon. Hoover's role as Secretary of Commerce was to provide assistance for business. ... By 1925 with the market reaching new highs mass speculation began to take hold. ... (Mcelcaine46) President Hoover had tried on several occasions to warn the American people against excessive speculation. ...

• Word Count: 1346
• Approx Pages: 5
• Grade Level: High School