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Hoover's Response To The Great Depression

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Hoover's Response To The Great Depression
In chapter 23, America finally faced Great Depression from the 1929 to 1941 after the World War was finished. At this decade, America experienced many hard ordeals such as massive unemployment, excessive credit, collapse of most banks in the United States, and economical collapse. On October 24, 1929, in the United States, the stock market was fallen down, and this event was a sign of that great depression would start. President Hoover didn’t put much effort to this crisis to solve the problem even though American citizens criticized about his behavior. President Hoover didn’t agree with the direct federal relief to the poor, and this act led people into making conservative and militant association. After Hoover failed his presidency, Franklin …show more content…
During the Roosevelt’s presidency, he created the National Recovery Administration to remedy the economy for long term. The major work of the NRA did immediate work relief such as adjusting prices, wages, and production levels. The Tennessee Valley Authority was the good example of recovery system. On the other hand, there were also diverse problems in the New Deal. The opposite side of the New Deal, especially Conservatives expressed the fury because Roosevelt disturbed free enterprise. At the first time that NRA appeared, many workers expected that they could get higher wages and establish the unions. However, NRA could not satisfy workers, and finally there were aggressive and political workers appeared. Responding to the complaint, Roosevelt concentrated on people more than on business thing, so he endeavored to make the law for people such as the National Youth Administration, the Social Security Act, and the National Labor Relations Act. However, he couldn’t stop the waning of the New Deal. Since he lost the trust of his party, he couldn’t deny his defeat. At this decade, many American citizens held their families together to endure the hardships of

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