Preview

Why Did Hoover Respond To The Economic Depression

Satisfactory Essays
Open Document
Open Document
330 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Why Did Hoover Respond To The Economic Depression
I think Hoover responded to the economic crisis very poorly. Surely no one knew how long and how hard the depression would hit, but Hoover did not have any plans if any situation went south. He did not want the government to help out with the economy which worked until Black Thursday came upon the US. After the crash of Wall Street, Hoover was eager to make changes in America which started by him signing the Hawley-Smoot Tariff. Sadly, this tariff was the highest in US history and it reduced trade among European nations. Not only did people dislike the tariff, but it ended up stopping the Dawes Plan (because there was no more money that could be used) which was used to pay off the debts from WWI. Hoover, again, tried to help the people of the

You May Also Find These Documents Helpful

  • Good Essays

    Before the onset of the Great Depression, Herbert Hoover was elected president of the United States in 1928. Hoover was a popular administrative hero of World War 1, as he guaranteed more prosperity and further advantages for large companies even after the crash of the stock market. After the stock market crashed Hoover decided to increase spending for public works programs, in order to give people jobs for those who really needed it. Later, Hoover wanted to restore confidence in the economy by raising taxes and culture spending, but considering the depth of the Great Depression, his efforts had only made thing worse.…

    • 578 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Presidents Franklin D. Roosevelt and Herbert C. Hoover were two very different leaders during a time of struggle of The Great Depression. They also had different ways and theories on how to get America out of the depression. Hoover felt that in order for the economy to get better, the government should not expand any more than it had to and that the people should take care of their own problems with the help of only volunteers, which was a conservative stance. On the other hand, Roosevelt did everything he could to help as many people as possible and was open to new ideas that led him to do things that no other president had done before. Hoover was very much a conservative president and Roosevelt was a liberal one.…

    • 313 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Business was booming in the roaring twenties. Most people we buying furnishings for their houses, large kitchen appliances and automobiles. While the increase in business was a staggering 68%, there was only an 8% increase in employee wages. The gap between the wealthy and poor was bigger than ever combined with production of goods and the rising of personal debt. The market couldn’t take such a surge or in the increasing gap so it crashed on October 29, 1929, otherwise known as Black Tuesday. President Hoover did not offer any financial aid to those in poverty because he thought the crashing of the market was just a passing incident that would only last 60 days. In comparison, The Great Recession is similar to the Great Depression. Leading…

    • 157 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    As the American boom turned to bust President Hoover didn’t act upon the change but instead predicted that this negative change would not last the country would Boom once more. Unfortunately as the depression spread and began to affect everyone in the country he realised that his government would have to take charge. Hoover and his government are famously accused for having done nothing however this claim may not have been completely true.…

    • 405 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Imagine how would it be if all of the sudden economy crashed and there is no back up plan. It would be my worst night mare. It has happened before in history during 1929 with the crash of The Wall Street, which marked the beginning of the depression. The great depression was on of the hardest time in American history.…

    • 950 Words
    • 4 Pages
    Good Essays
  • Good Essays

    President Herbert Hoover and President Franklin D. Roosevelt both played a significant role in promoting economic opportunities during the Great Depression based on their own political ideologies. For example, Herbert Hoover’s reacted based on his conservative viewpoint and President Franklin D. Roosevelt had a liberal viewpoint. Both presidents succeeded in promoting economic opportunities during the hard times, but I believe that President Roosevelt’s actions succeeded in advancing economic opportunities for all American than President Hoover. The actions from President Hoover to assist all American in advancing in economic opportunities was not as effective as President Roosevelt.…

    • 409 Words
    • 2 Pages
    Good Essays
  • Good Essays

    President Roosevelt brought the right approach by acting, creating programs and providing to the needy and homeless. If nothing is being done how could the economy fix itself? Even though Hoover's idea of stimulation the economy was to not stimulate it at all and just let America get out of the depression and work its way out of the dark by itself. President Roosevelt brought the right approach by acting, creating programs providing to the needy and homeless. Roosevelt was caring for all of America's basic needs, Roosevelt was finding jobs getting people back into the workforce stimulating the economy.…

    • 464 Words
    • 2 Pages
    Good Essays
  • Good Essays

    I believe that Herbert Hoover had the best plan to fix the ‘Great Depression’. Hoover believed that a person’s success could only be achieved by oneself. He also believed that individualism was what America was created for. Nevertheless, that's what his plan was all about. His plan was also known as the ‘New Deal’.…

    • 272 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Herbert Hoover was a good president but he believed the economy should fix itself, many others would beg to differ, feeling like the government should handle crisis-like situations. I disagree with Hoover’s laissez-faire attitude, he should’ve helped the men that have served for this country’s freedom. Herbert Hoover was put into office at the wrong time in my opinion, I feel like his term should have been at a time when our country was at peace. Herbert honestly did nothing for the bonus marchers and caused more pain than…

    • 432 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    These two presidents are almost total opposites in their morals, political views, and their beliefs on how to stop the Great Depression. Herbert Hoover was a faithful family man, as far as we know, and is viewed as one of history’s most incompetent presidents. They named the shantytowns that they had to live in during the Great Depression Hoovervilles after his failure to stop the Great Depression.…

    • 258 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    President Herbert Hoover was the president during the Great Depression. Many people blamed Hoover for the Great Depression and they wanted him out of office. President Hoover came into presidency with a set of beliefs, he knew just how he would run the country. Hoovers plans were upset by the massive stock market collapse. In response to the crisis Hoover drew on his experience and the beliefs that had guided him. The public was growing more dissatisfied with Hoover's policies. By the 1932 Presidential election it was almost certain that voters would reject Hoover at the polls. In 1932 Franklin D Roosevelt was one of several candidates seeking democratic presidential nomination. Some critics called him an amiable man without very strong…

    • 122 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Have you ever completely misunderstood a person, or situation? I have. My freshman year in high school, my U.S, history teacher discussed the president during the Great Depression, in addition the Great depression its self. Due to the discussion, I figured maybe Herbert Hoover, simply is a horrible president, whereas I research more in depth about Hoover. I learned he was in a position that no president ever wishes to be, I completely misunderstood his intelligence along with personal skills in management.…

    • 716 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    One of the hardest time to be president was during the 1930s . Herbert Hoover was the…

    • 472 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Fdr New Deal Analysis

    • 851 Words
    • 4 Pages

    In October of 1929, the stock market crashed. In the weeks, months, and years following the crash many banks failed and unemployment reached highs of around thirty percent of the workforce. While the crash of 1929 was not the only cause of the Great Depression, it did accelerate the onslaught of the global economic collapse and of the start of the Depression. After many failed attempts to revitalize America, Hoover lost his reelection bid in 1932 and FDR was elected president. Through his New Deal plans, FDR enacted many measures that helped to lessen the worst effects of the Great Depression and they fall into three distinct categories: relief, recovery, and reform.…

    • 851 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Soon after his election in 1928, Herbert Hoover became the one to blame for the economic crisis that put a myriad of Americans out of work. Hoover obtained a reputation as an ineffective and unsympathetic president, due to his inability to maintain the United States' economy during the Great Depression. Most of the programs created by the Hoover administration failed to improve the economy, as his attempts to raise taxes and tariffs, and balance the budget proved ineffective. The economy continued to be in shambles, with many Americans out of work and living on the streets, which only made the anti-Hoover sentiment grow. There were some Americans, however, who still had great faith in Hoover's abilities, Helen Keller being one of those people. Keller's confidence in Hoover defied the popular opinion of him during his presidency and showed that Hoover's image was not completely destroyed.…

    • 734 Words
    • 3 Pages
    Good Essays