INTER WAR YEARS 1919 TO 1939
THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What was President Herbert Hoover’s response to the Great Depression?
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He believed “rugged individualism” would solve the economy
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He created mass welfare
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He increased infrastructure to create jobs
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He violated his policy of laissez-faire
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Explanation:
Detailed explanation-1: -In keeping with these principles, Hoover’s response to the crash focused on two very common American traditions: He asked individuals to tighten their belts and work harder, and he asked the business community to voluntarily help sustain the economy by retaining workers and continuing production.
Detailed explanation-2: -Rugged individualism, derived from individualism, is a term that indicates that an individual is self-reliant and independent from outside, usually state or government assistance.
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