Americans turned away from Republican rule in the election of nineteen thirty-two. They elected the Democratic presidential candidate, Franklin Delano Roosevelt. And they continued to re-elect him. In this way, the conservative Republican policies of the nineteen twenties changed to the more progressive policies of Roosevelt in the nineteen thirties.
This change happened mainly because of economic troubles.
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The nineteen twenties were a time of growth and business strength.
President Calvin Coolidge said during his term that the "chief business of the American people is business." This generally was the same belief of the other Republican presidents during the period, Warren Harding and Herbert Hoover.
There was a good reason for this. The economy expanded greatly during the nineteen twenties. Many Americans made a great deal of money on the stock market. And wages for workers increased as well.
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However, economic growth ended suddenly with the stock market crash of October nineteen twenty-nine.
In that month, the stocks for many leading companies fell sharply. And they continued to fall in the months that followed. Many Americans lost great amounts of money. And the public at large lost faith in the economy. Soon, the economy was in ruins, and businesses were closing their doors.
President Hoover tried to solve the crisis. But he was not willing to take the strong actions that were needed to end it. As time passed, many Americans began to blame Hoover for the terrible economic depression.
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2013-11-25
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