In the 1920s the American economy was headed towards an economic depression. The tariffs passed by the government and actions of proprietors had led to the downfall of the American economy. On October 29. 1929, the stock market crashed, officially signaling the beginning of the depression. During the period of the Great Depression, Herbert C. Hoover and Franklin D. Roosevelt were presidents. Both presidents had programs that were set to mollify the depression and to take the …showed first 75 words of 975 total…

…showed last 75 words of 975 total…D. Roosevelt is a liberal and that President Herbert Hoover was a conservative is only half-true. Both Hoover and Roosevelt were men of one political stance but had to use the practices of another in order to salvage the nation. The Great Depression called for the use of many different methods and approaches. Without the ambivalence of both men, they would not have been able to lead the country through the perils of the depression.