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Herbert Hoover's Response To The Great Depression

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Herbert Hoover was elected before the start of the Great Depression. When the stock market crashed, he was forced to deal with a struggling economy. Many Americans blamed him for their hardships despite his successes. Hoover’s legacy remains tarnished by his failures and lack of support for the American people. Hoover responded to the Great Depression by wanting to keep the government hands off, this is known as a laissez faire. Hoover believed that this issue would work out itself and that all would be okay within time. Also, he believed in rugged individualism. This means picking yourself up and working out your issue. He was horribly wrong, the Great Depression was going to need much more work than he thought it did. (Keplinger, Hoover Struggles with the Depression class notes.) Even though Hoover did many things wrong, there were a few things that he did correctly. One of his greatest achievements while he was in office was building the Hoover Dam. This created jobs for Americans that were out of work. Furthermore, Hoover urged bank owners to join a credit …show more content…

For example, he created the Reconstruction Finance Corporation (RFC). RFC would use trickle down economics to try to help the economy. RFC was passed in 1932 and gave billions of dollars to railroads, banks, and large corporations. These companies were suppose to create more loans and hire more people, but most of them just kept a good part of the money for themselves and didn’t trickle down economics. Another example would be the bonus army. Thousands of veterans from WW1 went to the Capital in June of 1932. They requested early payment of cash bonuses that were originally due to them in 1945. Hoover asked them to leave and when they refused to he called the National Guard on them. This upset many Americans.("Copy of Hoover's Response Fails." Prezi.com. N.p., n.d. Web. 02 Nov.

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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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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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But it was true that his presidency was not very recognizable and it had a lot of backfire and different bad moments, the Great Depression had a lot to do with why Hoover’s presidency failed, the people had thought that since he couldn’t keep the stock market together that he would not be able to keep America together. Hoover getting undermined by Congress was definitely not what he thought was going to happen, thinking that he could just be able to rebuild America after the depression would have been easier if he and Congress had gotten along, in the end, Herbert Hoover was the thirty first president of the United States and had served this country and had made sure that it got administered America as though anyone would have if the stock market had happened to crash, it’s good to think back to Hoover’s humanitarian works because he did help out a lot of people in serious need, he did all of this but still having a complete income of millions of dollars working as a mining engineer, he was creative about his ideas and with that he created such things as the Hoover Dam,

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Sadly, although he tried many attempted to turn the nation’s economy around, but 1932 1 in every 4 American was unemployed. It got so bad that kids were being forced to work again instead to attend school. On top of that 100,000 people were homeless and lived in Hoover Hotels, or shacks created by wood and carboard. If there were many houses close together, it was called a Hooverville, and empty pockets were known as Hoover flags. Through this Herbert Hoover had created public work organizations and gave farmers and businessmen loans.

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