THE GREAT DEPRESSION 1929 1940
PRESIDENT HERBERT HOOVER AND THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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to inform the American public about how the government was handling the crisis
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to convince business leaders to retain workers and maintain wages
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to force companies to rehire the workers they had laid off
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to discuss social improvement projects with members of Congress
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Detailed explanation-1: -what was the purpose of the series of conferences Pres Hoover conducted in 1930 in response to the economy? The purpose of Hoover’s series of 1930 conferences was to bring together the heads of banks, railroads, businesses, labor leaders, and government officials to strategize about solutions for the economy.
Detailed explanation-2: -What belief led Hoover to ask leading industrialists to maintain current wages in the weeks following Black Tuesday? He believed the crash was not part of a larger down turn.
Detailed explanation-3: -what did business leaders promise Hoover they would do to help the economy? Did they keep their promises? They promised to keep factories open and stop slashing wages; and no they did not keep their promise.