The Great Depression

there was not enough money to invest in stocks

it lead to shortages of consumer goods

demand for consumer goods began to fall

over-investment in stocks

crisis in farming

high tariffs on imports

people had borrowed from banks to invest in the stock market

people stopped using banks after the stock market crash

businesses began borrowing from banks to cover their losses

encourage banks to loan more money

make the federal government more efficient

give people more money to invest or spend

Hoover might not get re-elected to a second term

Homeless people appreciated Hoover's help

Hoover completely ignored the Great Depression