1. The Great Depression
... in the election of 1932. (Himmelberg, 12) The worst came in the winter of 1932-1933, as the nation awaited the transition in the presidency that would come on March 4, 1933, when Franklin Delano Roosevelt (FDR), who had won the election on the promise of a "New Deal for America," would take the oath of office. The inauguration came in the midst of a frightening economic crisis. Hoover's initiatives, especially the creation of the Reconstruction Finance Corporation, had shored up the banks and slowed the tide of failures ... made Roosevelt vulnerable to attack. Many Democratic senators a...
- Word Count: 5420
- Approx Pages: 22
- Has Bibliography
- Grade Level: Undergraduate