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What Did Hoover Do During The Great Depression

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In the 1920’s, everything was going fine. However, all of that changed when the nation, (along with most of the world) went into an economic slump. The economy declined by more than 33% in the past four years. Unemployment stood at an unbelievable 25%, and thousands of businesses went bankrupt. The great depression was caused when the prosperity of the 1920’s was unsustainable because the foundation was shaky. Many Americans were buying items off of credit and would promise sellers that they’d pay their bills overtime. However, this resulted to millions of people going into debt. Then the number of sold items began to rise and soon citizens could no longer keep up. In 1932, the government began to get involved. They planned to create programs to help boost the economy. Herbert Hoover and Franklin Roosevelt were presidents during the great depression and responded to the economic crisis by making political, social, and economic changes. Roosevelt and Hoover reformed banks and guaranteed safe savings then they …show more content…

According to “Two Presidents and the Depression” it states, “He asked neighbors to help one another and not rely on government aid.” Hoover's beliefs brought about social change because it lead people to maintain a positive outlook and an increase in the amount of confidence they had in the economy. With a gained amount of confidence, stock prices would rise, factories would open, and people would go back to work. The text states, “...when the Depression started, Hoover called business leaders to meet him in Washington. He then asked them to keep up production and not to lay off workers or cut wages.” Hoover's approach towards business leaders brought about social change because as he continued to take a step into making decisions and sharing his beliefs, he began to take the situation into his own hands by solving problems resulting a social impact on the

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During the Great Depression, there were several views on how America should handle the crisis before them. Those views were greatly portrayed, by the two different minded presidents who were in office at this time. The presidents who had a substantial say in how this catastrophe would be handled were Hoover and Roosevelt. Their perspective and philosophy on the federal government differed. Ranging from believing the government was sound and believing the government needed to improve and provide.

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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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Herbert Hoover was our 31st president of the United States of America. He became president right at the start of the great depression. Herbert Hoover had to figure out how to get america back onto its feet again. Herbert Hoover changed how he was going to fight the war against The Great Depression. He called for more Federal Assistance stating that's what they did to win the war and it was what they will do to win the war against the Depression.

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He wanted people to recover their lost confidence through individualism. He didn’t provide any direct relief. Hoover relied on businesses to sustain employment and investment. Later he realized that there hadn’t been any improvement in the economy and signed bills that provided employment through public works projects. Roosevelt on the other hand, called for individual liberty through an involved government.

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. Compare and contrast the responses of Herbert Hoover and Franklin D. Roosevelt to the Great Depression. a necessity for survival, Hoover as well as Roosevelt had their work cut out for them to save their nation from the grips of this depression. Bothe hoover and Roosevelt did share some common attributes when it came to approaching the great depression. Both presidents tried to rely on and use the federal government to help the economy, more so than any previous president before them.

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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 Great Depression was a time of strife and hardship for the American people and as expected, a remedy was called for. Hoover and Roosevelt were the two presidents at the time of this crisis and their philosophies for improvement, while sharing some similarities, had two very different stances. Hoover’s belief was held in the people and he thought that with the right motivation the country’s problems would be solved through one another. Roosevelt however thought that help laid within the federal government. He believed that America had a strong government exactly for the purpose of helping the people.

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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

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The Great Depression was a time of peril for the strong majority of Americans. Hoover’s main solution was to not do much, to let time pass and hope the problem goes away. Well, that’s being unfair, he enacted some questionable policies. For example, he signed the Smoot-Hawley Tariff bill that would tax 40% of trade.

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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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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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As unemployment rose and businesses failed, Hoover came to be seen as uncaring and ineffective in his approach to the growing crisis. (Fonner 811). While Hoover tried to get businesses to cooperate with each other and local government, the breadth and scope of the crisis meant that a stronger response was required (Foner 814). Roosevelt’s landslide victory over Hoover in the 1932 presidential election marked a huge change in the American political system (Foner 821). Roosevelt’s promise to Americans of a New Deal and the opportunity to have relief from unemployment, recovery of the economy, and reform of the economy captured the imagination of the country (Foner 822).

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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.

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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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Starting in the 1970s, though, Hoover’s reputation began to grow back again. Historians pointed out Hoover’s embrace of voluntarism, his faith in social science expertise, and his motivation of cooperation next to and among the American economic order was sourced not in heartless and reactionary conservatism but in the progressive social thought of his time. Nevertheless, many scholars still criticize Hoover’s rejection to allow big, large-scale relief programs that could have lessened suffering and hunger, his reluctance to use big spending of federal money to stabilize the economy, and his fault to not fully see the effect the Great Depression would have on the general public. Hoover never really seemed to get the fact that the Great Depression possessed a grave threat to the entire nation, and that solutions to the economic crisis may have required leaving behind some of his deeply held beliefs. Hoover compounded these mistakes, every one of which had political implications, with amateur political maneuvering.

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