At first President Hoover did little to solve the depression. He thought that the people and the economy would eventually fall back into place. When he decided to do something, it was too late and the stock market had crashed. He tried the RFC which gave money to failing banks, railroads, and other failing insurance companies.
The early 1920’s in America set up the way America is now. There were different things that happened during this time that has made modern America. A change that happened during the early 20’s was the industrial revolution. The use of cars, other household machines, and new forms of production are wa