Solutions to 1929 Economic Crisis

        In 1929, in the history of human, before the strongest country of the time was about to reach the top of sky,  the longest, deepest and most serious world economic crisis happened in a sudden, which led to hundreds of banks went broke, thousands of factories closed down, and then tens of millions of workers lost their job. 

        Both sides of the street were filled with people, some of whom had already fallen asleep forever. The whole world was on its way to breakdown.

        Herbert Clark Hoover, serving between 1929 and 1933,  came up with many strategies including but not limited to agriculture, industry, and public works to keep his nation from danger. But it didn't work out and even made for huge protests, so he lost to Franklin Roosevelt before preparing to carry out his new plan of government control of production to revitalize the economy.

        When he stepped down, the whole country was cheering and no one cared about him.

        With the publishment of National Industrial Revitalization Law and Social Security Law, the US economy gradually recovered, while the government adjusted agricultural production by reducing farmland, and restored common credit activities of banks and rebuild people's confidence in them.

        Obviously, Roosevelt's New Deal achieved great success, as it helped the United States escape from severe economic crisis and promoted people's lives. The wisdom of governance reflected in the New Deal has been accepted by many countries.

   ——My homework