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The Role Of President Hoover During The Great Depression

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President Herbert Hoover was only 8 months into his presidency when the stock market first crashed in 1929. At first President Hoover viewed the Great Depression as a passing recession. But as time passed, he quickly realized that this was far more devastating than those of earlier. He tried to fix the economy by creating governmental agencies to support labor rights, increase public work support, and stabilize prices in the market. However, his efforts were fruitless and the Depression continued to worsen. Hoover resisted the request to involved the federal government in laying down strict laws concerning prices and currency value, because he believed these actions would move the country towards Socialism (Gilderlehrman). In 1933, President Franklin D. Roosevelt implemented the New Deal, a much more effective program compared to President Hoover’s attempts during his presidency. This program was designed to bring immediate relief to …show more content…

Boxers were offered much lower wages for fighting than they were given in the 1920s, causing many of them to either drop out of the arena or to fight with far less drive and passion. At the beginning of the 1930s, the position of the world Heavyweight title had been unoccupied for 3 years. Despite the drop in wages, boxing continued to be one of the most popular sports in America, next to baseball. The majority of its received attention came from the gambling amongst the observers. Even though many families were unemployed, a great amount of effort was placed on trying to see major fights when they would come up. If the fight was promised to be a good one, younger people would do their best to go see it live. The sport became a great past time and hobby to attend across the nation (Zammit). As scholar Rosca states, “The people chose the immediate joy and the sense of belonging that a boxing fight induced to them, rather than the long-term saving of money” (Rosca,

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