The stock exchange market crashed in October 1929 in the United States, and along with it went the prosperity and euphoria of the 1920s. The President of the United States, Herbert Hoover, elected in an avalanche the preceding November, looked to private enterprise for solutions to what he believed would be a transitory “depression,” as he named it. Sadly, the situation over the next three years declined, as businesses and industries that had over-expanded during the 1920s went into bankruptcy. Every week, thousands of new workers joined the classes of the unemployed; banks foreclosed on defaulted loans and finally closed themselves. By the fall of 1932, over one-quarter of the labor force was jobless. As the ranks of the destitute and homeless grew in urban centers, families took refuge in makeshift shacks, sarcastically named Hoovervilles, put together from salvaged bits of wood, tar paper, cardboard, and tin. The unemployed queued up for bread and daily rations at soup kitchens or sold apples on street corners. Devastating droughts in the Midwest that eroded soil and transformed once fertile regions into arid dust bowls exacerbated the economic catastrophe. Powerless against the drought and the competition from large-scale, mechanized farms, thousands of small farmers unable to pay rent or meet loan payments migrated westward in search of work.
The initial government response to the economic collapse was ineffective, as President Hoover insisted that prosperity would shortly return. The stress between citizens seeking government response and Hoover’s administration came to a head in 1932. Over 17,000 soldiers marched on Washington, D.C., demanding an advance on the bonus payment the government owed them for their service in the First World War. The government refused, however, and when some members of the so-called “Bonus Army” did not leave the capital, national troops under the command of General Douglas MacArthur forced the revolting soldiers to leave the city. Hoover defended MacArthur’s action; it was one of his last actions as president. That autumn, the country voted for change. Franklin Delano Roosevelt was sworn in as the thirty-second President of the United States in January 1933, assuring the nation that “the only thing we have to fear is fear itself.”
What can be inferred about “Hoovervilles”?
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