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Compare And Contrast Hoover And Fdr

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During the Great Depression Herbert Hoover and Franklin Delano Roosevelt, used different strategies and ideas to try and get America out of the depression. But ultimately one President failed at doing so, and one President succeeded at doing so. Less than eight months into Herbert Hoover’s presidency, the stock market crashed on Thursday, October 24, 1929. Most experts, including Hoover, thought the crash was part of a passing recession, that would eventually rebound. By July 1931, since the crash, Hoover had worked ceaselessly trying to fix the economy. He founded government agencies, encouraged labor harmony, supported local aid for public works, and struggled to balance the budget. Hoover did the most out of any president, trying to fix …show more content…

He was inclined to give aid to banks or local public works projects, but he refused to use federal money for aid to citizens, believing the dole would weaken public morale. Hoover’s opponents painted him as uncaring toward the common citizen, even though he was in fact a philanthropist and a progressive before becoming president. During his reelection campaign, Hoover tried to convince Americans that he cared for common Americans too much to destroy the country’s foundations with deficits and socialist institutions. He was defeated by Franklin Delano Roosevelt in the election of …show more content…

The world together with the American economy experienced downturns less than a year into Hoover’s presidential term. The Hoover hoped that the situation was going to improve but when the economy edged into the depression, Hoover developed and implemented a number of strategies to manage the situation. Hoover did not believe in direct influence by the federal government. The Hoover rejected proposals to change the value of the currency because he felt that was socialism. Hoover believed it was possible to improve the economy without interfering with American individualism. His approach to the situation was received with much dissatisfaction among the population who instead voted in Franklin D. Roosevelt. Roosevelt promised a different approach through the New Deal. He implemented direct funding for most of the projects, and believed in deficit funding instead of volunteerism,which is what Hoover believed in. overall, Roosevelt and Hoover differed in their financial philosophies, and especially with jump-starting the American economy during the Great

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1017 Words | 5 Pages

President Franklin Delano Roosevelt’s approach to mend the Great Depression was more effective than that of the previous president, Herbert Hoover. Hoover and Roosevelt had contrasting ideas on how the Depression should be handled. Hoover was a republican businessman, who was brought up in a poor family and had worked his way to become financially affluent, while Roosevelt was a Democrat who came from a rich background. When the depression struck, Hoover was unable to provide suitable economical, political and social assistance to those Americans who desperately needed it most; this eventually resulted in the elimination of his presidency. Despite his affluent background, Roosevelt’s past struggles led him to develop compassion and earnest

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One of his excuses was “ These shocks have in a large sense come from without our borders” meaning that it was some external country that plunged us into the great depression. Even though this was at least partially true, the American people didn't see it that way, and blamed hoover for most of their problems. This is painfully evident in the names of the “Slums” that formed as a result of the depression, commonly known as Hoovervilles. The Public was further outraged by Hoover and his plan to bring america back from the Great Depression. Hoover's plan was essentially a hands off approach, His party believed the country would fix itself given enough time.

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Great Depression Dbq

173 Words | 1 Pages

Many Americans lost all their money to the stock market when it crashed in 1929. Americans looked to President Hoover to end the depression. Most of Hoover’s policies were not likely to end the Great Depression. For example, President Hoover believed if the government could save business’ like banks, railroads, insurance, etc. that it would stop business collapse.

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How Did Herbert Hoover Do During The Great Depression

449 Words | 2 Pages

THE GREAT DEPRESSION 1929 was the start of the deepest and darkest time for the United States Stock Market and the people of the United States. The Market crash, the loss of American jobs and homes, lead to one of the hardest downfalls in American history. Along with billions of dollars lost due to bad stock trading, over extending on personal credit and the spending of money that had yet to be produced. The American people never stood a chance and in a matter of 10 days the lives of almost everyone changed. In 1928 Herbert Hoover was elected as president.

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1974 Words | 8 Pages

 Hoover is often blamed for not doing anything to end the Great Depression, but he actually did try to use the government to create infrastructure projects, thus creating jobs. Like the Hoover Dam and the Reconstruction Finance Corporation to try to end the Depression. There are two major differences between their approaches.  One is that President Roosevelt was willing to do more than President Hoover to combat the Great Depression.  Roosevelt was willing to let the government become more involved in the economy.

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564 Words | 3 Pages

The wealth during the 1920s left Americans unprepared for the economic depression they would face in the 1930s. The Great Depression occurred because of overproduction by farmers and factories, consumption of goods decreased, uneven distribution of wealth, and overexpansion of credit. Hoover was president when the depression first began, and he maintained the government’s laissez-faire attitude in the economy. However, after the election of FDR in 1932, his many alphabet soup programs in his first one hundred days in office addressed the nation’s need for change.

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The transition between presidents Herbert Hoover and Franklin Roosevelt marked the transformation from a weak, to a strong form of government, which became directly involved in the lives of the people. This was primarily caused by the difference in the executive leaders ideologies, where Hoover was more focused on individual responsibility and capitalism, Roosevelt was more concerned with immediate action based on government intervention. Overall, the New Deal sacrificed the amount of personal responsibility that the people had with their own economic security. The power of the federal government was strengthened, but the long-lasting effects based on the social and economic policies was beneficial for the United States. Herbert Hoover began

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The actions of both presidents at the time were indeed needing to address the issue at hand the Great Depression. Both presidents in fact contained a similar action in the regard to the depression in which was the fact that they used the federal government to regain economic strength and rebuild the economy. In fact, the major difference between President Hoover and Roosevelt was the role they in general expected the government to take to restore the economy after the depression. President Hoover was however in belief that individuals of all classes should be accountable about their own well-being whereas Roosevelt contained a different philosophy in which that the government should indeed help everyone in all classes. He placed the New Deal,

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He first went with voluntary cooperated by persuading owners of healthy banks to loan money to the suffering banks. However, that did not work, so he modified his policy by supporting a government agency called the Reconstruction Finance Corporation (RFC), government loans to big businesses such as banks and railroad companies. This act/program made the bank failures to decline. Hoover knew he had to do more when the presidential election came up. So he then went more towards the government help by signing the bill that authorized the RFC to loan money to states who needed more resources for the needy and financial help of public work

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The Great Depression was a time during 1929 to 1939, It was the longest lasting economic disaster. The two presidents in term during this crisis, Franklin D. Roosevelt and Herbert Hoover, approached this problem in different ways. Hoover’s idea on this was to have private citizens help each others, while Roosevelt believed the government should take care of its people with social programs. Looking at these ideas in more depth we can infer ways our country should go. Herbert Hoover served as president during 1929 to 1933.

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Hoover may have been seen as relatively unsympathetic towards struggling citizens, but that is just because they were unable to recognize the attempts he was making to save the nation as a

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Hoover was a successful business man, scientist, and public scientist, and public servant before becoming president. The main accomplishments of Hoover relied on his humanitarianism, which attracted attention to him. Hoover was revered as a man of moral courage and compassion, even during and after the First World War, Hoover supervised and organized food relief efforts in the countries overseas that were left devastated by the war. Hoover also accomplished the coup of helping thousands of Americans return to the United States after the war was over.

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Hoover didn 't want to give handouts out, fearing that it would weaken or destroy the national fiber that Americans had, rugged individualism. Eventually, when things got even worse, he compromised and began to assist the railroads and banks, hoping that relief on the big industries would help those under them. In response to this, the people of the nation began to accuse him of helping big businesses instead of individuals who had it much worse off. They accused him of not being able to feed the people of his nation, while in the past, he had sent massive amounts of food overseas to the Belgians. President Herbert Hoover 's policies that anticipated Franklin Roosevelt 's New Deal included help from the federal level for businesses and

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In 1933, Franklin D. Roosevelt became the president of the United State after President Herbert Hoover. The Great Depression was also at its height because President Hoover believed that the crash was just the temporary recession that people must pass through, and he refused to drag the federal government in stabilizing prices, controlling business and fixing the currency. Many experts, including Hoover, thought that there was no need for federal government intervention. ("Herbert Hoover on) As a result, when the time came for Roosevelt’s Presidency, the public had already been suffering for a long time.

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President Herbert Hoover made efforts to try to fix the great depression. Many people disliked him as a president and complained he didn’t even care. However he at least tired to help people recover from the great depression. Some policies he created were the Hoover Moratorium, the Federal Home Loan Bank Act of 1932, and the Great New Deal. Hoover created the Hoover Moratorium to end the war debts however it didn’t help with the economic crisis.

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