• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Why did Roosevelt win the election in 1932?

Free essay example:

Chavi Littlestone                                                                                           Mrs Marks

Year 10                                                                                                       26 April 2009

Why did Roosevelt win the election in 1932?

Around 600,000 people speculated because of the boom. American banks lent over Nine Billion Dollars for speculation in 1929. People kept buying shares and the prices went higher and higher until 3 September 1929 which was the last day of rising prices before the crash. People thought that prices would stop rising and therefore stopped borrowing and everything went crash in 1929 which resulted in the Wall Street crash. The industries were failing coal, textiles and even the construction industries. America tried to export but because they had put taxes on the exports, Europe had decided to put their own tariffs on goods to protect their own industry. In October 1929, the banks stopped supporting shares prices. Herbert Hoover was the President at the time, he was a republican which meant that he went along with the policy of Laissez-faire, a policy that meant the job of the President was to leave the businessmen alone Hoover refused to accept that there was a major problem until 1932. He kept telling everyone that ‘prosperity was just around the corner’. Therefore in 1932 he lost the presidential election in 1932.

The years of the depression destroyed nearly all of the prosperity of the Boom. In 1929, six hundred and fifty nine banks failed. People now started to keep their money rather than buying goods; they kept their money at home instead of at the banks. People felt that actual currency was the only way of security, more than a billion dollars and put them in safe boxes or kept at home. In 1931 another Two thousand two hundred and ninety four banks went under. All the businesses cut production and lay off workers and the workers that were kept on had reduced salaries. As workers were laid off more and more they started buying less. Thousands of sheep were thrown down a canyon because it was cheaper to kill them than to ship them. Unemployment went from 5.2% in 1929 to a vast 24.9% in 1933. By 1933 there were 14 million unemployed and five thousand banks gone bankrupt. Even farm prices had gone up so much so, it was more expensive to get the animals to market than the animals themselves. Total farm income had fallen to just five billion dollars and the USA’s international trade had fallen by seven billion dollars from ten billion dollars to three billion.  Between 1928 and 1933 farming and industrial production fell by forty percent and average wages by sixty percent.

Very wealthy people lost a great deal of their money; major losers included Winston Churchill, later to become the British Prime Minister, who lost five hundred thousand dollars. The rich lost more than the lower classes since they had invested the most, the more you have the more you can lose. Large speculators were ruined in minutes. Middle class people were now scavenging in garbage heaps for food. So much so the New Republic Magazine reports, in 1933, that ‘a widow fed herself and her fourteen year old son on garbage. Before she picked up the meat she had to take off her glasses so that she couldn’t see the maggots.’ This lady was a working lady who had lost her job. In 1931, two hundred and thirty eight people were admitted to hospital suffering from malnutrition and starvation. Forty-five of them died. Middle-class people now had to swallow their pride and accept charity. Numerous people were ruined overnight, they became paupers and had to change their lives and scrounge for food unlike beforehand where they had comfortable lives and plenty of money to spare.

President Hoover believed that the cause of the Depression was the economy problems in Europe. He didn’t even try slightly to improve the situation; he believed that business had its ups and downs. He could, and should, have provided relief but he chose to block the Garner - Wagner Relief Bill this could have allowed the congress to provide 2.1 billion dollars and create jobs. The republicans believed that if local governments provided relief to individuals they would become less independent. When Roosevelt came along he showed that he believed strongly in an active government. Because Hoover was regarded as a ‘do nothing’ President it wasn’t very hard to elect him out of office. Roosevelt promised that he would help the Americans get back jobs to protect they’re savings and property. He also promised to provide relief for the sick and to get the industry and agriculture back on their feet. When he won it was unsurprisingly the worst defeat the Republicans ever had.

In conclusion, we have shown that Hoover did nothing in the depression and therefore earned the publics scorn and therefore when Roosevelt came with his promises to bring the country out of the Depression, the people wanted him more and he won by seven million votes.

Sources - GCSE Modern World History Textbook Second Edition

Pages 211-218

         - Page  of  -

This student written piece of work is one of many that can be found in our GCSE USA 1919-1941 section.

(?)
Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Related GCSE History Skills and Knowledge Essays

See our best essays

Related GCSE USA 1919-1941 essays

  1. Why people supported Roosevelt in the 1932 election

    month, providing the person had spent all the money during that month and had given up his job. He supported this idea by arguing that it would provide jobs for younger people and increase demand for goods and services. Finally, Father Coughlin also began praising Rooselvelt�s New Deal and ended up attacking it.

  2. Why did Roosevelt win the 1932 election?

    However there was a range of certain things that did help Roosevelt win and damage Hoovers election campaign. One of the first things that damaged Hoover's election campaign was the fact that the shantytowns that people lived in were nicknamed 'Hoovervilles' after him.

  1. Why did Roosevelt win the 1932 presidential election?

    Those millions shall not hope in vain. I pledge you, I pledge myself, to a new deal for the American people. This is more than a political campaign; it is a call to arms. Give me your help, not to win votes alone, but to win this crusade to restore America...

  2. Why did Roosevelt win the 1932 election?

    strength battled it out to persue his dreams of making it and was put forward as the Democrat candidate for the 1932 election. In Roosevelts campaign he failed to outline proposed policies in much detail yet spoke with confidence about how as a country they could end the Depression.

  1. Roosevelt, the 1932 election and the New deal. Source based questions.

    Explain your answer. Source H is a letter to Roosevelt saying how wonderful he is. It is quite convincing in making us believe that Roosevelt was a good man who was concerned about people so much that he was prepared to help individuals.

  2. Explain the Features of the New Deal - Roosevelt and the American Presidential Election ...

    to withdrawing their money and return the money they had already taken out. He also established the Security Act, which forced all banks to provide full public information and only allowing the trustworthy banks to reopen. He then gave grants to these banks so that they could pay back debts

  1. Use Source A and your Knowledge of the Period to Explain why People Supported ...

    The second main difference between the two sources is to do with the subject of unemployment and government relief. Source C claims that 'one in every four people depends on employment by the government'. It draws on there being a national debt of $250 billion and there being an increasing number of citizens are relying on government relief.

  2. Why did Roosevelt win the 1932 Presidential Election?

    in this nation.? After the incident Hoover publically thanked God that the USA still knew how to deal with a mob this lost him the votes of all the veterans and their supporters and gained interest in FDR. With such resentment toward Hoover being expressed throughout the country; in major

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work