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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Govt was held responsible
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private charities could not meet the demand
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Amricans were too proud to accept charity
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Hoover promised to deliver federal aid
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Detailed explanation-1: -Why did Americans turn to the federal government for aid after the first year or so of the depression? Private charities could not meet the huge demand for relief. Hoover promised to deliver federal aid to help end the depression.
Detailed explanation-2: -The Great Depression was not a failure of capitalism or of markets, but rather a result of misguided government policies-specifically, the Federal Reserve allowing the money stock to collapse as panics engulfed the banking system.
Detailed explanation-3: -In cities, as industry slowed, then sometimes stopped altogether, workers lost jobs and joined breadlines, or sought out other charitable efforts. With limited government relief available, private charities tried to help, but they were unable to match the scale of the demand.
Detailed explanation-4: -In the summer of 1932, Franklin D.