Conclusion

The prosperity of the 1920's came to an abrupt end with the collapse of the stock market in October of 1929. The collapse of the stock market triggered a much wider, long term crisis known as the Great Depression. The Great Depression was felt throughout the United States causing millions of Americans to loose their jobs, farms, and homes. The Great Depression lasted from 1929 until the United States entered World War II in 1941. Both President Hoover and President Franklin Roosevelt responded to the crisis with varying degrees of success. With his election in 1932, FDR promised the people a “New Deal”.