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Compare And Contrast Hoover And Fdr

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Fighting the Depression:

Following the Great Depression and the crash of the Stock Market in 1929, both Herbert Hoover and Franklin Delano Roosevelt took action by establishing relief programs to help cope with the difficulties that were faced during those rough times. They both had similar goals, but different relief programs. Hoover thought that his methods were best for the long-run, while on the other hand, FDR wanted to provide help to those who were just affected by the Great Depression. The overall effectiveness of the economic programs initiated by Hoover and FDR can be determined by analyzing the outcomes of The New Deal, Second New Deal, FDR’s Recession, and policies …show more content…

With that in mind, FDR established the Federal Deposit Insurance Corporation (FDIC) in that it gave people confidence in the economy, and ensured Americans that their money would be in a safe place. People also began to involve themselves more in the Stock Market which allowed the business market to thrive. The establishment of the Tennessee Valley Authority (TVA) was effective in which it established jobs, and promised Southerners cheap, affordable power including the construction of dams. FDR also used this program to renourish the Tennessee River Valley. Being that the Civilian Conservation Corps (CCC) was FDR’s favorite New Deal program, the CCC provided jobs to over 2 million people who were devastated by the depression and also contributed to living a better life for those who suffered from the …show more content…

Hoover organized the Reconstruction Finance Corporation (RFC) which did not work out the way he intended. People who needed aid did not receive it, and also banks gave money to businesses but those businesses did not use it appropriately. After the downfall of that, Hoover came up with a new idea that he thought would benefit people in the long-run. The Hoover Dam was crafted to provide relief and jobs for those who were in need. It was the one project well-established by Hoover. With the construction of the Hoover Dam, the employment rate increased and people found stability. The other program Hoover developed but also was not effective was the Hawley-Smoot Tariff. This tariff destroyed international trade and even worse it damaged global economy because it terminated international trade at the time. This tariff not only devastated certain businesses that were thriving but also recreated problems experienced during the Great

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1448 Words | 6 Pages

The dam had made the water so shallow that steamboats were not able to travel safely up the stream. There are some positives that The Hoover dam was built and the one thing that it help us do was helped control the colorado river. It helped the people save a large amount of money and it also helps so that the people do not have to spend it on distillation. “It saves the county money so they don't spend it on distillation.” The crops in Yuma are able to be saved because there are not any unpredictable massive floods.

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680 Words | 3 Pages

His outlook on the federal government was that they should not step in but instead have the economy, who he believed was “fundamentally sound”, take care of themselves. To support this theory Hoover, in his message to Congress about the vetoing of a bill to establish federal government project at Muscle Shoals, Tennessee, stated “ But for the Federal Government deliberately to go out to build up and expand such an occasion to the major purpose of a power and manufacturing business is to break down the initiative and enterprise of the American people”. Hoover was saying that if the Federal Government was to help it would end up causing more harm then good in the way of “destruction of equality opportunity amongst our people” and “negation of the ideals upon which our civilization has been based”. Hoover took his approach as “hands-off” instead of having the Federal Government be

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1091 Words | 5 Pages

Hoover understood that not being involved into the lives of the American people worked for Coolidge, if something is going well, there's no need to change it. Until the Great Depression in 1929 he kept that mentality, but something needed to change and was expected of him when the economy was so low. He created the Reconstruction Finance Corp. with the 3 platforms of volunteerism, localism, and rugged-individualism. Describing volunteerism as helping each other out and the need to get involved, localism focused on state governments to make their attempt to fix the problem first rather than the federal government, and rugged-individualism was this new term of growing character and that American culture of fixing things out on their own and after getting through the rough and tough, they will succeed. “Economic depression cannot be cured by legislative action or executive pronouncement “ (DOC C).

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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 programs created by the New Deal satisfied the needs of citizens, even though several thought Roosevelt was overstepping his power. Roosevelt’s administration was not very effective in ending the Great Depression, however, some of the programs did help relieve

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1080 Words | 5 Pages

Herbert Hoover’s presidency is associated with the Great Depression seeing that eight months into his term, the stock market collapsed starting an economic depression that would leave 23% of Americans unemployed by 1932. Hoover failed to take the actions needed to help the country initially, however in his annual speech to Congress in 1932, Hoover discusses three directions in which the government can take to aid the rebuilding of the economy. When the United States Stock Market crashed in October 1929 and the country began its ten year Depression, businesses and banks began closing left and right. This caused many Americans to lose their jobs and created massive amounts of poverty throughout the country. Prices became inflated and simple,

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605 Words | 3 Pages

When president Herbert Hoover wasn’t making a big difference in helping Americans throughout The Great Depression, Franklin D. Roosevelt decided that there needed to be a change called The New Deal. The New Deal was successful because it created jobs for people and helped farmers. Creating jobs for many people was a positive

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1081 Words | 5 Pages

As someone who had always struggled financially throughout his life, he felt he could bring America back up from the depression, as seen in Document 4. Hoover is pulling up America from a waterfall as Europe keeps falling with no help, representing America striving for recovery and Europe’s past recession. A conservative idea seen by Hoover was his belief in rugged individualism, he believed that the Americans should help themselves from the despair of the Great Depression. He also believed that the people should not rely solely on the government’s assistance and the government should not overly aid the people. In Document 2, it is seen that Hoover felt the most effective way for the Americans to end the depression was to volunteer themselves into community services.

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270 Words | 2 Pages

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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479 Words | 2 Pages

During the great depression Hoover tried to take action by, “Hoover’s response to the crisis was constrained by his conservative political philosophy. He believed in a limited role for government and worried that excessive federal intervention posed a

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721 Words | 3 Pages

He had wanted to keep money in people's pockets and try to keep people working. He had tried to persuade business leaders to not cut wagers or lay off workers (Biography.com Editors, 5). Hoover had considered a limited role for government and worried that excessive federal intervention posed a threat to capitalism. He vetoed several bills that would have provided direct relief to struggling Americans (History.com Staff, 8). Most of Hoover's idea’s hadn’t helped the Great Depression, in some people's options he had just made it much worse (Biography.com Editors, 5).

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906 Words | 4 Pages

After the war he served as the head of the American Relief Administration which helped feed starving, post WWI, European countries. After his efforts, President Warren Harding picked Hoover to be his secretary of commerce, as did President Calvin Coolidge after him. While being secretary of commerce he helped accomplish projects such as the St. Lawrence Seaway and the Hoover Dam. (Whitehouse.gov, Biography.com, and

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1365 Words | 6 Pages

Many of Herbert Hoover’s accomplishment were because humanitarianism and the importance of the welfare for the citizens of the country. Before and After World War I, “Hoover supervised and organized food relief efforts in the countries abroad that were life devastated by the war” (Truslow). He contributed to feeding the thousands of individuals that return to the United States from war. Following the World War II, hoover helped many families and individuals from ten states after a damaging flood of the Mississippi river that impacted the food

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1645 Words | 7 Pages

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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475 Words | 2 Pages

President Hoover believed that people could recuperate by budgeting better and working harder without government regulation and intervention

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