1)Herbert Hoover, a Republican, was President from 1929 to 1933. He came into office having won a landslide victory and believing the boom of the 1920s would continue. However, after just eight months in office, the stock market crashed and he had to deal with the worst economic depression in America's history.
2) Hoover convinced Congress to lower income tax rates and to use $423 million for public projects. Signed Agricultural Marketing Act and raised prices for suffering farmers.
