EarlWright+project

=Republican Agenda to the Stock Market Crash= ====The stock market crash is the most devastating crash in United states History. It took place on October 29, 1929. It also marked the beginning of the Great Depression. There are many theories about why the U.S stock market came crashing down and even more about this led to the most severe global depression in modern U.S. history. Money and wages were rising. The republicans selected Herbert Hoover as their candidate.==== ====The 1920s was a booming time for the U.S economy. Wages were rising and costumer spending was too. The value of stocks also increased. Big investors would play games with the stocks to make them look better than they were. For example: A group of large investors might buy a low priced stock and trade it among themselves. Then people would notice that the stock was being heavily traded and become interested. When they began to buy, the price would go up and the big investors would pull out their money and take huge profits. The others were stuck with stocks they had paid a lot of money for but which had little relation to the value of the company.==== ====A cause of the Great Depression is signs of problems with economic fundamentals began to occur even before the stock market crash. The slowdown in sales of durable goods led to a problem of oversupply. Companies began to manufacture things but there were no buyers. This could not continue and the downward cycle of layoffs and reduced demand would drag the economy down. By 1930, the unemployment in the U.S reached from 6-7 million and Hoover took no action to help.====

Herbert Hoover
====Herbert Hoover was the 31st president of the United States. He was also a mining engineer and author. He died of massive internal bleeding at age 90. He has the longest retirement of any president.====

Albert B. Fall
====Albert B. Fall was a United States senator from New Mexico and the Secretary of the Interior of president Warren G. Harding. He was famous for his involvement in the teapot dome scandal. He died on November 30, 1944, after a long illness.====

Calvin Coolidge
====Calvin Coolidge was the 30th president of the United States. He was also a republican lawyer. He worked on state politics in Massachusetts and then became governor of that state. He died from a heart attack on January 5, 1933.====

Huey Long
====Huey Long was the 40th Governor of Louisiana and as a U.S. senator. He was noted for his radical populist policies. He also created the Share our Wealth program in 1934. He was assassinated on September 8, 1935.====

Warren G. Harding
====Warren G. Harding was the 29th president of the United States. He was a republican from Ohio and a self-made newspaper publisher. He spurned the league of nations and signed a separate peace treaty with Germany and Austria. His death led to speculations of him being poisoned by his wife.====