In the 1920s, the government was going through awkward times. Luckily, the economy was booming. Although throughout the 1920s, America had four different presidents ( Woodrow Wilson, Warren G. Harding, Calvin Coolidge, and Herbert Hoover ). The laissez-faire went into place, where the government had no control over business. America went into isolationism, where the government avoided international affairs. Immigrants were 'restricted' almost into the country. They were seen as to take away Americans jobs, outsiders, and threatened the American lifestyle. Going into the 1930s, Franklin Roosevelt ( FDR ) became president in 1933 and continued to be president until 1945. FDR created a New Deal for America. He set out many government related programs to help the unemployed, business, and the economy. Speaking of economy, the economy was booming in the 1920s. This was a large bonus for bankers and stockbrokers. Many Americans bought stocks as a way to help business and gain money from said businesses. Stockbrokers played a big role, as they gave people the stocks in which to earn money. Bankers deposited money into accounts that people gained from the stocks, and kept people on track with their money, credit, and possible debt. Although after the stock market crashed, many stockbrokers and bankers were at a loss. 9,000 banks in the US were forced to shut down, causing many bankers to lose their jobs. Stockbrokers had no need to be stockbrokers anymore, as no stocks were being bought anymore. Most families were trying to return the stocks they bought on credit, but failed and fell into deep debt. Eventually, FDR made the new deal to renew the jobs and money lost by bankers, stockbrokers, and the people who bought stocks.