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Introduction. Herbert Hoover (1874-1964), Americaâs 31st president, took office in 1929, the year the U.S. economy plummeted into the Great Depression. Although his predecessorsâ policies undoubtedly contributed to the crisis, which lasted over a decade, Hoover bore much of the blame in the minds of the American people.
Unemployment rate in the US 1910â1960, with the years of the Great Depression (1929â1939) highlighted. The Depression caused major political changes in America. Three years into the depression, Herbert Hoover lost the 1932 presidential election to Franklin Delano Roosevelt in a landslide. Roosevelt's economic recovery plan, the New Deal, instituted unprecedented programs for relief, recovery and reform, and brought about a major realignment of American politics.