THE GREAT DEPRESSION 1929 1940
PRESIDENT HERBERT HOOVER AND THE GREAT DEPRESSION
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The cautious response to the Great Depression by President Hoover was because
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Was distracted by giant dust storms in the Great Plains
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Believed the Great Depression was good for America
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He believed the business cycle (economy) would correct itself
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He did not have enough knowledge of business to fix it
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Explanation:
Detailed explanation-1: -Ultimately, President Hoover’s response to the Great Depression led to the election of a new president. Most Americans believed that Hoover’s policies had failed and lost confidence in his leadership. The Hawley-Smoot Tariff is an example of a protective tariff.
Detailed explanation-2: -He believed in a limited role for government and worried that excessive federal intervention posed a threat to capitalism and individualism. He felt that assistance should be handled on a local, voluntary basis. Accordingly, Hoover vetoed several bills that would have provided direct relief to struggling Americans.
There is 1 question to complete.