Who was the President during the 1929 Stock Market Crash?
“Herbert Clark Hoover (August 10, 1874 – October 20, 1964), the thirty-first President of the United States (1929–1933), was a world-famous mining engineer and humanitarian administrator. As the United States Secretary of Commerce in the 1920s under Presidents Warren Harding and Calvin Coolidge, he promoted economic modernization. In the presidential election of 1928 Hoover easily won the Republican nomination. In the presidential election of 1928 Hoover easily won the Republican nomination. The nation was prosperous and optimistic, leading to a landslide for Hoover over the Democrat Al Smith, a Catholic whose religion was distrusted by many. Hoover deeply believed in the Efficiency Movement (a major component of the Progressive Era), arguing that there were technical solutions to all social and economic problems. That position was challenged by the Great Depression, which began in 1929, the first year of his presidency. He energetically tried to combat the depression with volunteer ef
