There are many reasons that the Great Depression started. One of the most well known causes is the stock market crash that happened on October 29, 1929. Before this day the stock market had grown considerably, making companies profits go up. General Electric had tripled in value which came out to about $396 per share of stock. After October 29th, 1992 many business lost thousand of dollars, money that had just seemed to vanish into this air, never to be seen again. The stock market crash was followed by many cuts that had to be made by businesses concerning how many workers they could have and how much to pay the workers that they could keep. Since companies could not afford to keep many of its workers and actually pay them, Hoover ordered federal departments and head of the government of organization for construction proce

At the beginning of his term he opposed any relief efforts to try and help the people suffering from the depression. As the depression kept getting worse he decided to start a few farm assistance programs to help farmers out with the situation of extremely low crop prices that they were facing. These assistance programs consisted of mainly making it easier for the farmers to obtain loans to keep their crops going even though they were not making money off of it. By the time that he had introduced the new ideas to farmers to keep their farms up and running the farmers had become to dependent of the financial aid being handed out to them by the federal government. Hoover then started federal work projects such as the Coulee Dam and the Hoover Dam, which provided many jobs for people, but the Great Depression was much bigger than a few extra job openings could fix (The Memoirs of Herbert Hoover, 5-24).

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