How Did Herbert Hoover Serve As A President During The Great Depression

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During the Great Depression, the U.S. was facing a plethora of problems. The economy collapsed and a huge portion of the money was among a very small number of very wealthy individuals. Common people and workers resorted to living in villages called Hoovervilles where the houses were made up of whatever could be salvaged. Before the Great Depression began people took out loans carelessly without money to back it up; people were paid too little and goods cost too much. The result of a larger amount of goods were produced than sold eventually lead to an economic downfall. America was facing a deluge of economic issues. Both Herbert Hoover and Franklin Delano Roosevelt had different methods of trying to solve the problem. However, people reacted …show more content…

However, he had very different opinions on how the economic state of America should be helped. United States History & Government: Constitutional & Geopolitical Patterns, 2001 had stated about Hoover, “... Republicans followed a trickle-down theory… if government legislation protected the wealth of big corporations and the well-to-do, their continued investments would expand the economy and a better life would ‘trickle down’ to workers and consumers in general” (Document 5). President Hoover believed that the government's involvement in forcing fixed prices, controlling businesses, or manipulating the value of the currency, all of which would eventually led towards …show more content…

Both Franklin Delano Roosevelt and Herbert Hoover had their ideas about how the economy should proceed. Although when it came to efficiency Roosevelt was the one who saved America. United States History & Government: Constitutional & Geopolitical Patterns, 2001 states “FDR and his advisors… felt that government would use pump-priming that government should take actions that would make the consuming public secure and optimistic…” (Document 5). Roosevelt wanted to get involved with the community of people and seem “down to earth.” He also wanted the people to stay calm instead of panicking about what would happen next. Once the people felt safe and were confident that Roosevelt may help them he would take action. Roosevelt would get people involved with public works as well as paying them for it. He alongside the government would get involved and put effort into helping the people. On the other hand, Herbert Hoover was a republican which meant that he preferred to leave the problems to fix themselves, and believed in individualism. United States History & Government: Constitutional & Geopolitical Patterns, 2001 had stated about Hoover, “... Republicans followed a trickle-down theory… if government legislation protected the wealth of big corporations and the well-to-do, their continued investments would expand the economy and a better life would ‘trickle down’ to workers and