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This course traces the path of the Depression, starting with the speculation of the late 1920’s through the Crash of October 1929. As the Depression worsens, it is not abated by the inaction of the Hoover administration. When the Depression reaches its depth, in March,1933, Franklin Roosevelt takes office, and immediately addresses the serious banking situation. The programs created in the “Hundred Days” of 1933 begin to take effect. After a sweeping re-election in 1936, FDR makes a serious misstep, but the economy experiences a slow but gradual recovery until events in Europe command the nation’s attention.
Worcester Institute for Senior Education (WISE)Assumption University, 500 Salisbury Street, Worcester MA 01609 wise@assumption.edu 508-767-7513