What 5 things did Hoover say and do in response to the Great Depression and which was the most helpful and why

Answer 1

Herbert Hoover did do some things but he did not put enough money into them to make them work.
1.Reconstruction FinanceCorporation gave additional help for business 2. Gave additional help to farmers facing foreclosures because of the dust bowls 3. banking reform 4. loan states money to feed the unemployed 5. expanded public works
The one thing Hoover did not do was to give veterans of
WWI their rightful promised pensions and used too forceful measuresto ensure their departure from Washington D.C. These men were known as the " Bonus Army"

Answer 2

Hoover caused the Great Depression; he did nothing at all to fix the problem. He was out of office for years before the wealthy people in America even admitted there was a problem. It's kind of like the way it is right now.

The President who helped us emerge from the Depression was Franklin Roosevelt. He did it by creating social programs such as welfare that in time would become problems in their own right. We did not truly emerge from the Depression until after WWII.

This is all commonly known history.

Answer 3

Hoover did not at first understand the seriousness of the Depression. He believed that government intervention would be as likely to worsen the situation as improve it. Thus, he tried to get businesses to voluntarily liquidate and operate in deficit mode; he proposed a kind of money reserve run by businesses that would keep banks in business; he sped up the pace of government projects to put money into the economy, and he signed the Smoot-Hawley Tariff to protect American manufacturing.

Answer 4

ive done a report of him in the fifth grade which was like five years ago so here is what i know....

The Great Depression was a stern test for Hoover's approach and one that proved too difficult to manage. His voluntarist-inspired persuasion and programs failed to stimulate the consumption and production needed to jump-start the economy. Some policies, like the Hawley-Smoot Tariff bill that Hoover signed, retarded growth and recovery by raising tariffs (especially on agricultural products) and stifling international trade. His Agricultural Marketing Act had little impact on the prospects of American farmers.

Hoover eventually did support some interventionist government programs aimed at combating the Depression. Though undersized, the Reconstruction Finance Corporation used federal money in an ultimately unsuccessful effort to stabilize the nation's banking and financial sector. The RFC was also aimed at corporations rather than at the growing ranks of the suffering poor, a policy that reflected Hoover's own beliefs. Fearing that government aid would breed a sense of dependence among the poor, Hoover largely refused to extend such assistance to millions of the nation's unemployed and hungry who were overwhelming private relief agencies.

In the public eye, Hoover seemed uncaring, unwilling to admit that people were starving and that his ideas were failing. He lost significant public support in the summer of 1932 when General Douglas MacArthur -- in defiance of Hoover's orders -- removed the World War I veterans (known as Bonus Marchers) who had massed peacefully in Washington, D.C., to petition Congress for early receipt of their veterans bonuses. MacArthur was brutal in his treatment of the marchers, using cavalry, tanks, and bayonet-bearing soldiers. In the riot that followed, U.S. troops clubbed women and children, tear-gassed the marchers, burned their shacks, and forcibly drove them across the Potomac River.

Hoover tried to restore people's confidence in the economy by predicting better times in the near future. Such reassurances, unfortunately, did not put food on the table. The economic depression continued to spread, businesses continued to fail, and more people became jobless.

Because of his conservative view of government intervention, Hoover opposed direct aid for the business decline following the stock market crash. He thought it would be best if the businesses tried to help each other out of the Depression. But as time passed the situation did not improve. So Hoover formed the Reconstruction Finance Corporation. This agency loaned money to railroads, banks and insurance companies to keep them in business. By doing this, Hoover hoped to keep workers on their jobs, but it was too little too late.

Hoover's reputation has risen over the years. He is no longer blamed for causing the Depression; instead, scholars note that Hoover's efforts to combat its effects were extraordinary when compared to federal anti-depression measures invoked during previous economic crises. These efforts, moreover, flowed logically from the President's unique brand of social, economic, and political progressivism. Nonetheless, the nation's economy continued to sink during the Hoover presidency. With the public losing confidence in the President's abilities, leadership, and policies, Hoover paid the ultimate political price for these failures in November 1932.


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