THE GREAT DEPRESSION 1929 1940
THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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he grew rich while the American people suffered
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he put more emphasis on cooperating abroad than he did on helping people at home.
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he lacked business sense.
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he did not fully grasp or care about how desperate the American people were.
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Detailed explanation-1: -Answer and Explanation: Herbert Hoover was blamed for the Great Depression for two primary reasons: First, because he was the president in power at the time. Second, because the people perceived that he wasn’t doing anything to get the country out of the crisis.
Detailed explanation-2: -He founded government agencies, encouraged labor harmony, supported local aid for public works, fostered cooperation between government and business in order to stabilize prices, and struggled to balance the budget.
Detailed explanation-3: -What were the major causes of the Great Depression? Among the suggested causes of the Great Depression are: the stock market crash of 1929; the collapse of world trade due to the Smoot-Hawley Tariff; government policies; bank failures and panics; and the collapse of the money supply.
Detailed explanation-4: -For many years, both scholars and the American public held Hoover in extremely low esteem, blaming him for the Great Depression and criticizing his efforts to solve the crisis.