Mollie is at the stage of generativity. At this stage people usually consider or review their contributions to family, job and the general society. It is a period when individuals look past themselves and try to continue their lives through others. They often do this by becoming mentors to others, teaching positive values and attitudes. If individuals do not achieve this they fall into stagnation.
The stock market crashed a little after Hoover took office and the Great Depression became the central issue of his presidency. Hoover pursued a variety of policies in an attempt to lift the economy but opposed directly involving the federal government in relief efforts.