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(Axelrod 239) Banks ran out of money and closed left and right as people
across the nation hurried to retrieve their savings. The Great Depression had begun.
"After the Wall Street crash came, [President] Hoover was slow to react and did
nothing more than assure the public that ?prosperity was just around the corner,'" writes
Alan Axelrod in The Complete Idiot's Guide to American History...
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As time went on,
things only got worse. There was more poverty. There were more jobs being lost. Hoover
suggested that state and local governments should create programs to help the great many
people who were in need, but neither the state nor the local governments had the money
to do so. (242) People in all walks of life, in all industries, were affected...
General points of the essay
Depression Makes Good Theatre
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