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The role of president hoover
The role of president hoover
The role of president hoover
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THE GREAT DEPRESSION 1929 was the start of the deepest and darkest time for the United States Stock Market and the people of the United States. The Market crash, the loss of American jobs and homes, lead to one of the hardest downfalls in American history. Along with billions of dollars lost due to bad stock trading, over extending on personal credit and the spending of money that had yet to be produced. The American people never stood a chance and in a matter of 10 days the lives of almost everyone changed. In 1928 Herbert Hoover was elected as president.
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.
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.
Herbert Hoover, the son of a Quaker blacksmith named Jesse Hoover and mother, Hulda Hoover, was a man who put others in front of himself; he liked to help others in need. He graduated from Stanford University with a degree in mining engineering which he used for many impressive accomplishments including such ideas as the Hoover Dam and working in the mining industry. Hoover had worked for Presidents Coolidge and Harding as their Secretary of Commerce. His life before presidency was dedicated to humanitarian works, one example of this work included helping to feed people in war torn countries. However, his presidency was undermined by the members of congress due to the blame of the stock market crash and the Great Depression despite his charity
The collapse of the economic had began in 1929. Herbert Hoover was known because he ha run for the food administration in World War 1. Alfred E. Smith was the four time governor in New York, he was Roman Catholic to win a majors party for president. On March 4,1929 they had an audience of 50,000 land lide. Herbert went to the White House that swept everything into stock prices.
President Hoover promised that in every pot there would be a chicken, but like the lyrics from a song in the musical Annie, the people of the day said, “not only don’t we have the chicken, we ain’t got the pot.” President Hoover caused a lot of anger, he caused people to be homeless with no food and little money, and although Hoover promised to fix everything, it was completely unclear to anyone that anything had changed. The Great depression was one of the worst moments in history. President Hoover decided to try and fix the economy, but his strategy was not working.
This led to an economic decline and a never-ending cycle of decline in the United States. President Hoover was in office during this time, and not many were happy. Americans were looking for help from the government and not receiving anything. Americans felt as though Hoover wasn’t trying to help their situations. “I pledge you, I pledge myself, to a new deal for the American
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.
Hoover didn 't want to give handouts out, fearing that it would weaken or destroy the national fiber that Americans had, rugged individualism. Eventually, when things got even worse, he compromised and began to assist the railroads and banks, hoping that relief on the big industries would help those under them. In response to this, the people of the nation began to accuse him of helping big businesses instead of individuals who had it much worse off. They accused him of not being able to feed the people of his nation, while in the past, he had sent massive amounts of food overseas to the Belgians. President Herbert Hoover 's policies that anticipated Franklin Roosevelt 's New Deal included help from the federal level for businesses and
“Few Americans knew about the Hoover’s extensive charitable efforts during the Depression because they insisted on making them a private affair. And while Bert and Lou scored an “A” in the individual-good-works department, they flunked the official course altogether, failing to come up with a style of leadership or legislative agenda that was equal to the enormous task before them. The result was sad and predictable: America got sick to death of the Hoovers. In 1932 they lost the White House to a couple of radicals named Roosevelt whose ambitious ideas, so Bert and Lou believed, would ruin the country. Events would prove them wrong.”
During the Great Depression, my family and I went through difficult times for about ten years. I was unemployed and couldn’t pay for our home. In result, we became homeless and we don’t know where to go. Though some families allowed us to move in together under one roof, sometimes allowing strangers in homes can bring some difficulty and stress so I declined. So, because of this we are forced to live in squatter settlements called Hoovervilles (shacks that housed millions of unemployed).
Hoover became the scapegoat for the Depression and was badly defeated in 1932. In the 1930's he became a powerful critic of the New Deal, warning against tendencies toward statism. The Depression got worse throughout Hoover’s term in office, and critics increasingly portrayed him as indifferent to the suffering of the American people. By the time of the 1932 presidential election, Hoover had become a deeply unpopular–even reviled–figure across much of the country.
In 1933, Franklin D. Roosevelt became the president of the United State after President Herbert Hoover. The Great Depression was also at its height because President Hoover believed that the crash was just the temporary recession that people must pass through, and he refused to drag the federal government in stabilizing prices, controlling business and fixing the currency. Many experts, including Hoover, thought that there was no need for federal government intervention. ("Herbert Hoover on) As a result, when the time came for Roosevelt’s Presidency, the public had already been suffering for a long time.
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.
President Hoover and President Roosevelt are very different from each other however they do have some similarities. They both had policies to help the people in the Great Depression. Even though the people favor one more than the other they both attempted to help the economy. President Hoover believe that the people should be more independent and not depend on the government as much as the people did. This was simple for him because he was a millionaire.