Herbert Hoover was only one of many causes of the Stock Market Crash. Many stock buyers bought stock on boundary, or on money borrowed from the stock brokers.
The amount of debt and preferred stock leverage used.
Ready to address the complicated issue of reviving the American economy, as well as its despairing citizenry, was Franklin Delano Roosevelt How to Write a Research Paper on Stock Market Crash This page is designed to show you how to write a research project on the topic you see here.
Businesses showed great profits, migration to big cities of industrial companies occurred with the hopes of making a better life, people were given the opportunity to purchase things on credit, while others borrowed money making poor decisions buying high priced stocks with the intention of selling stocks for a profits to repay lenders.
While the consumerism that occurred after the end of World War I was indeed a boon for the United States, the lack of government intervention in the economy and the stock market is what served as the basis for widespread fraud and, eventually, widespread poverty and economic decline.
The problem was people who didn't have the resources, investing from credit to buy into the short-lived age of wealth