ipl-logo

Hoover's Response To The Great Depression

465 Words2 Pages

The Beuscher family was hit very hard by the Great Depression. Mr. Beuscher, an old man with a wife and eleven kids who used to work at a railroad company which eventually laid him off. The family income was low. Before the New Deal the family made most of their money life insurance and what little money Mrs. Beuscher could make sewing clothes. One of Herbert Hoovers responses to the Great Depression was to not raise taxes. Hoover said, "No matter how devised, an increase in taxes in the end falls upon the workers and farmers, or alternatively deprives industry of that much ability to give employment and defeats the very purpose of these schemes” (December 9, 1930: Message Regarding Unemployment Relief). Hoover viewed raising taxes as something …show more content…

Beuscher worked at to be able to hire more people. However, under Herbert Hoover, congress was trying to pass unemployment relief which would cost about 1.5 billion dollars. Hoover viewed giving grants to businesses grants would remove a company’s abilities to employ more people by getting the government involved with the free market. And with the governments involvement in the free market the economy will never rebound. Hoover wanted private charities to help people in the great depression. Which is one of the ways the Beuscher family got their coal. The family previously donated to the charity and now they feel that the charity was a great investment. Getting people around communities to help each other out should be a thing that exists everywhere before, during, and after the great depression. Communities is what makes America great. The Hoover way, along with the Beuscher’s belief was that people should pick themselves up by the boot straps. They viewed going to the city hall as embarrassing and that some people who got it was bums and people who didn’t work hard enough. After fall 1935 Beuscher family started to get back on their

Show More
Related
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

Read More
1017 Words | 5 Pages

The constriction of the Hoover Damn occurred during the Great Depression, this was an opportunity for employment that attracted an estimated 20,000 men. This project provided a positive temporary solution for the unemployed, although this was only available to a certain audience of people. Hoover did however take many other steps in an attempt to stabilise the economy; unfortunately most were ineffective. For example he placed an even higher tariff on imports through the Hawley-Smoot Tariff, however it backfired as American goods became too expensive to buy in Europe, further contributing to the economic crisis. The programs in place for the public were small in scale and highly specific as to who could benefit, only a small percentage of those who were in need were successfully accounted for.

Read More
928 Words | 4 Pages

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.

Read More
449 Words | 2 Pages

The Great depression sent it affects all through the world. Though millions of Americans lost their jobs and homes. Soon “Hoovervilles” started to take over all over the country which were shacks of improvised housing for people who lost everything. When F.D.R came into office in 1932 he helped Americans and America start to recover with the passing of many laws and regulations . One change was the creating of the FDIC, which insured the peoples savings stayed in the bank.

Read More
1091 Words | 5 Pages

Hoover did not want to do the work himself but rather put all of this pressure of a failing economy on state governments and the people of America. Still trying to exhibit the laissez-faire mentality entering presidency. The people of America needed change from someone who made some attempt to govern the country, to someone that would get involved and become applicable to the time of

Read More
429 Words | 2 Pages

Many blame Herbert Hoover for the Great Depression, but this is a false statement because he stepped into office at the worst time. He had to immediately formulate new policies that would help the US retreat from the Great Depression. He served one term from 1929 to 1933. One item that made him well known for his presidency were the camps that housed the unemployed and the poor, called Hoovervilles. These “shanty towns” were normally on the outskirts of major cities and towns, so the community was close enough to still walk into town.

Read More
98 Words | 1 Pages

Hoover was not interested in the affliction caused by the Great Depression. In fact, people’s way of life started deteriorating as they had no support from the government. His inability to face national upcoming crisis was a mistake to the US economy and the way down to massive depression. Hoover marked into law the Smoot-Hawley Tariff Act, which prompted an emotional decrease in global exchange; and also consenting to impose increments on homes, organizations, and checks. His business profession, and individual convictions, made him ill-suited to giveaway effectively with a monetary calamity as desperate as the Great Depression.

Read More
2120 Words | 9 Pages

In December 1929, as a means of demonstrating the administration’s faith in the economy, Hoover reduced income tax rates by 1 percent because of the continuing budget surpluses. By 1930 the surplus had turned into a deficit that grew rapidly as the economy contracted. Smiley says that Hoover had decided to recommend a large tax increase in an attempt to balance the budget; Congress approved the tax increase in 1932. Personal exemptions were reduced sharply to increase the number of taxpayers, and rates were sharply increased. The lowest marginal rate rose from 1.125 percent to 4.0 percent, and the top marginal rate rose from 25 percent on taxable income in excess of $100,000 to 63 percent on taxable income in excess of $1 million as the rates were made much more progressive.

Read More
662 Words | 3 Pages

The options available to Hoover are a delicate balance between different approaches. However, he had to navigate the challenges of politics and economics. Implementing public works projects could stimulate the economy, but it also carried the risk of increasing the deficit. Providing direct relief could alleviate suffering, but it might create a dependency on government

Read More
1080 Words | 5 Pages

He comments, “Our citizens and our local governments have given a magnificent display of unity and action, initiative and patriotism in solving a multitude of difficulties and in cooperating with the Federal Government” (Hoover). Instead of discussing the actual issues of the Depression, such as the rapid increase in unemployment, Hoover choses to focus on the good. This upset the people, however. They wanted their president to acknowledge the severity of the situation and take action. The fact that Hoover did not see the Depression

Read More
702 Words | 3 Pages

There were a lot of things that happened, but even with all this people never gave up on each other they helped each other. When push came to shove people helped each other. So many people can’t even work to make a living and put bread on the table. The Great Depression became worse because of greed from business owners and bad leadership and he thought that the economy would fix it self from President Hoover.

Read More
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.

Read More
604 Words | 3 Pages

Hoover President Herbert Hoover didn’t believe that it was the federal government’s role to provide direct relief. Instead he suggested voluntarism, asking corporations to improve working conditions and wages. Lowering income taxes was another idea promoted by Hoover. If people would spend less on taxes, they would invest in stock market and purchase products. Hoover refused against any form of a welfare program.

Read More
880 Words | 4 Pages

Many of Hoover’s policies favored big businesses and he believed that the growth of the economy depended on increasing capital given to big businesses would combat the depression, which is also known as the Trickle Down economics. If the government aided big businesses then their investments and success would “trickle-down” to the working class, this improving and expanding the economy (Doc 5). Many people criticized Hoover and his policies for not helping the needy. He refused to provide federal relief programs to help unemployed since he thought people would not be motivated to work if the government aided them (OI).As conditions worsened, makeshift homes popped up all over America and were nicknamed “Hoovervilles”, after Herbert Hoover. Hoover believed that that individual initiative and big businesses would solve the problems of the depression and that the economy would recover on its own (OI).

Read More
742 Words | 3 Pages

Max Bergman Ms. Stephanie Archimedes English 11/17/23 Will you always stay an outsider? In The Outsiders, the concept of identity is woven thoroughly. The question would be, is your identity pre-determined by your circumstances? In the novel The Outsiders by S.E. Hinton, the story follows Ponyboy.

Read More

More about Hoover's Response To The Great Depression

Related Topics

Open Document