USA HISTORY

THE ROARING 20S 1920 1929

AMERICAN ECONOMY IN THE 1920S

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How did Hoover plan to eliminate poverty in the United States?
A
promoting American business
B
expanding welfare benefits
C
improving public education
D
ending entitlement spending
Explanation: 

Detailed explanation-1: -Hoover received commitments from private industry to spend $1.8 billion for new construction and repairs to be started in 1930, to stimulate employment. The President ordered federal departments to speed up their construction projects and asked all governors to expand public works projects in their states.

Detailed explanation-2: -What two major strategies did President Hoover use to promote economic recovery? He organized a series of conferences, bringing together the heads of banks, railroads, and other big businesses, as well as labor leaders and government officials, in an attempt to preserve jobs and stop sinking wages.

Detailed explanation-3: -After the United States entered the war, President Wilson appointed Hoover head of the Food Administration. He succeeded in cutting consumption of foods needed overseas and avoided rationing at home, yet kept the Allies fed.

Detailed explanation-4: -How did Hoover deal with the economic problem posed by the Bonus Army? Hoover thought that the Bonus Marchers were “communists and persons with criminal records” rather than veterans. He opposed the legislation, but he respected the marchers’ right to peaceful assembly.

There is 1 question to complete.