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Discuss President Hoover's actions during the Great Depression. Include if you were successful in improving the nation's situation and how. If it was not successful, why? Your writing will be put according to how you answer your question, complete sentences, well developed topic, word count must be at least 800 and maximum 1000.

Answers

Answer 1

Answer:

The 1920s were a period of optimism and prosperity – for some Americans.  When Herbert Hoover became President in 1929, the stock market was climbing to unprecedented levels, and some investors were taking advantage of low interest rates to buy stocks on credit, pushing prices even higher.  In October, 1929, the bubble burst, and in less than a week, the market dropped by almost half of its recent record highs.  Billions of dollars were lost, and thousands of investors were ruined.

After the stock market crash, President Hoover sought to prevent panic from spreading throughout the economy.  In November, he summoned business leaders to the White House and secured promises from them to maintain wages.  According to Hoover’s economic theory, financial losses should affect profits, not employment, thus maintaining consumer spending and shortening the downturn.  Hoover received commitments from private industry to spend $1.8 billion for new construction and repairs to be started in 1930, to stimulate employment.

The President ordered federal departments to speed up their construction projects and asked all governors to expand public works projects in their states. He asked Congress for a $160 million tax cut while doubling spending for public buildings, dams, highways, and harbors.

Praise for the President’s intervention was widespread;  the New York Times commented, “No one in his place could have done more. Very few of his predecessors could have done as much.”  Together, government and business spent more in the first half of 1930 than in the entire previous year. Still consumers cut back their spending, which forced many businesses and manufacturers to reduce their output and lay off their workers.

In October 1930, with unemployment rising, Hoover created the President’s Emergency Committee for Employment (PECE) to coordinate state and local relief programs, and to develop methods for increasing employment in the private sector.  But with no direct control of funding for relief or jobs, PECE had only limited success.

As the Depression worsened, Hoover requested that the Federal Reserve increase credit, and he persuaded Congress to transfer agricultural surpluses from the Federal Farm Board to the Red Cross for distribution to relief agencies. Hoover asked Congress for even more spending on public works, and he continued to encourage states and private businesses to generate new jobs.

Economic conditions improved in early 1931 until a series of bank collapses in Europe sent new shock waves through the American economy, leading to additional lay-offs.  In August 1931, PECE was reorganized as the President’s Organization on Unemployment Relief (POUR). POUR expanded on PECE's work but also implemented a national fund drive for unemployment relief.  The national fund drive raised millions of dollars but proved to be woefully inadequate as unemployment soared to record levels.

Hoover was criticized for almost every program he proposed.  His public works projects, designed to create jobs, were characterized as wasteful government spending.  His efforts to promote local relief programs, rather than asking Congress to create nationwide relief programs, were viewed as callous disregard for the unemployed.

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Related Questions

Why did early civilizations begin in river valleys? a The flooding of rivers created good farmland. b Rivers provided plenty of fresh water. c People could hide from enemies in river valleys. d River valleys had many trees for building.

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Answer:

hope it helps...

Explanation:

a )The flooding of rivers created good farmland.

Answer:

The answer should be A: The flooding of rivers created good farmland.

Explanation:

Hopefully its right!

Tour managers usually receive free lodging and meals as one of their perks.
-True
-False

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Answer:

True

Explanation:

They need those things to be able to do there job correctly

Gross domestic product is used to measure a country’s total

Answers

Explanation:

GDP is used to measure the monetary value or the market value of all the good and services produced in a country.

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Answer:

production

Explanation:

:) Good luck! I did the lecture so I know it's right!

What was the most important accomplishment of the Articles of Confederation?

Answers

Answer:

the Northwest Ordinance

Explanation:

what is traditional democratic theory? and what are the realities?

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Answer:

Democracy is one of the many different kinds of government that are used worldwide. Democracy establishes a system in which people are involved in the decision-making process. Because that is a very broad definition, democracies look very different from country to country. There are three political theories guiding the functioning of a democratic government.

I Hope this helps

Answer:

Democracy is one of many different types of government used throughout the world. Democracy creates a government where citizens of the country are active in the decision making process. Since this is a very broad definition, democracies look very different from one country to the next. There are three theories of democracy that influence how a democratic government works.

If you were Shakespeare what would you create that would represent the Renaissance and be relevant today?

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Answer:

i would create A Electrical device like a robot which would help people clean there house or doing all the work they want.

Explanation:

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Within the systems viewpoint, what four things are considered parts of a system?

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Systems management is the combination of four key elements: processes, data, tools, and organization, which are all needed to manage a system efficiently and effectively. Processes deal with how to perform the task. Data refers to the information required to perform the process.

What country is located at 30°N, 55°E?

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Answer:

It should be Iran

How did The Atlantic Trade benefit Europeans?

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Answer:

Bankers - banks and finance houses grew rich from the fees and interest they earned from merchants who borrowed money for their long voyages. Ordinary people - the Transatlantic Slave Trade provided many jobs for people back in Britain. Many people worked in factories which sold their goods to West Africa

Explanation:

its because all the banks and the finance houses grew rich from the fees

The American media and government are interrelated in what three ways?

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Answer:

Regulation,

Adversarial relationship,

Elections

Explanation:

Regulations are part of normal daily life in every country. Regulations help to maintain some basic rules in the country along with some advance rules too.

The media always helps the government by sharing response of people about the new and old regulations in the country. Further, there are even regulations for media, as many times media is not allowed to show the internal information of a country.

Adversarial relationship begins as the media showcases the public response of every decision the government considers it. Further, the media keeps on advising about the pros and cons of every act of government.

Elections are held to choose the president, and the results, the possibilities and the pros and cons of every candidate are well advertised by the media.

Using four or more complete sentences, differentiate between federal and confederate systems of government​

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Answer:

Confederate government in which nations or states agree to join together under a central government, to which the nations or states grant certain powers.  A federal system of government is one that divides the powers of government between the national (federal) government and state and local governments.

A powerful central government that holds the majority of the authority exists in a federal system of governance. The central government in a confederal system is quite unproductive.

What is government?

The government is referred to as an administrative body that controls the functioning of any country by implementing rules and regulations and introducing a better standard of living.

The federal government was given a great degree of additional authority when the United States transitioned from the Articles of Confederation to the U.S. Constitution than the central government.

Sub-national entities in confederations continue to be sovereign, meaning they have the full power to make their own decisions, including the freedom to secede, unlike in federations where the federal state has authority over them and they cannot secede or invalidate federal legislation.

Learn more about confederate systems of government​, here:

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50 POINTS When the slavery ban was lifted, Georgia saw a rapid increase in what between 1750-1775?

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Answer: Is there an answer choice multiple choice question or what?

Explanation:

Answer:

In 1735, slavery was officially banned. In 1751, the ban was lifted

what country is number 4 in the southwest

Answers

do you mean the 4 southwest states?
if so:
NM
AZ

blank is an example of a nation that uses a monarchy

Answers

Answer:

England

Explanation:

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Prompt
Imagine someone 100 years from now going through your "stuff." What kinds of things would they find? What would those things tell them about you?

Answers

If Someone were to go through my stuff from 100 years ago they would see what life was back then probably a lot less technology then they would see in that current time probably a lot of stuff that they have never seen before.
Please give brainlist

Match the following tribes to their descriptions.

Answers

Answer:

Explanation:

The Yamassee War was a conflict with South Carolina from 1715-1717 between British settlers from the Providence of Carolina and the Yamasee and a number of other allied Native American peoples.

Mohawk used wampum belts to conduct trade.

Pequot war part of the iroquois confederacy.

difference between nationalism and extreme nationalism​

Answers

Answer:

As nouns the difference between nationalism and ultranationalism. is that nationalism is patriotism; the idea of supporting one's country and culture while ultranationalism is extreme nationalism, the belief in the superiority of one's nation and of the paramount importance of advancing it.

Explanation:

U mean this ryt

Answer:

Nationalism is an ideology that emphasizes loyalty, devotion, or allegiance to a nation or nation-state and holds that such obligations outweigh other individual or group interests.

While

Ultranationalism is "extreme nationalism that promotes the interest of one state or people above all others", or simply "extreme devotion to one's own nation".

Using four or more complete sentences, discuss three ways in which Islam has influenced the culture of the Middle East.

Answers

Answer:

Great centers of religious learning were also centers of knowledge and scientific development.

from the second half of the eighth century to the end of the eleventh century, Islamic scientific developments were the basis of knowledge in the world. At a period of history when the scientific and philosophical heritage of the ancient world was about to be lost, Islamic scholars stepped in to preserve that heritage from destruction. Indeed, without the cultivation of science in these early centuries by Islamic scholars, it is probable that texts which later exercised a formative influence over Western culture would never have survived intact. It is certain, moreover, that the modern world would look much different than it does today.

Explanation:

what is traditional democratic theory? and what are the benefits?

Answers

Answer: i hope hats the right answer

Equality in voting, effective ... elite and class theory. Policies benefit those with money and power.

Explanation:

Answer:

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what is traditional democratic theory? and what are the benefits?

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The Traditional Theory of Democracy promotes majority rule without violating minority rights, maintaining the willingness to compromise, and recognizing the worth and dignity of all people.

Everyone has the right to participate in government. This participation can occur either by direct or representative vote. In a direct vote, the people approve public policy themselves.

How many different countries are in South America?

Answers

Answer:

12

Explanation:

Answer:

12

Explanation:

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Which items can be considered human geography? Check all that apply.
rivers
regions
cities
deserts
population
mountain ranges

Answers

Answer:

cities population and regions :)

Explanation:

im on the assigment...

buddhism originated in which empire

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Answer:

Buddhism was founded in the sixth century B.C. by Prince Siddhartha in northeastern India. During this period India could be said to have been part of the Maurya Empire, this is the empire founded by Chandragupta Maurya which ruled over ancient India

Explanation:

i read it before ;-;

Please help! I’m dumb, and I’ll mark brainliest for the person who has the best answer. Thank you for your time!

Answers

Answer:

i need brainliest so im going to try me best

Explanation:

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Answer: hi

Explanation:

Difference between 'Sources of information' and 'Method of getting information'

Answers

Answer:

Source means where something is gotten from while method means ways of getting something

Explanation:

source of information is were the information was originally gotten from while method of getting information is ways and means one uses to find information

Sources mean you got it from somewhere and method means you have a way of getting the information

The ability of minority views to be heard, even if they may be unpopular or distasteful to many citizens, is constitutionally protected as part of which of the following selections? Select one: A. deferment of rights to the individual states B. right to an attorney C. freedom of speech D. protection from unreasonable search and seizure

Answers

Answer:

C. Freedom Of speech

Explanation:

Answer:

C. Freedom Of speech

Explanation:

describes the people in the Mongol Empire

Answers

Answer:

Hello Jaesuk Sakai Here! (^.^)

Explanation:

Mongol, member of a Central Asian ethnographic group of closely related tribal peoples who live mainly on the Mongolian Plateau and share a common language and nomadic tradition. Their homeland is now divided into the independent country of Mongolia (Outer Mongolia) and the Inner Mongolia Autonomous Region of China.

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The United States is an example of

Answers

Answer would be A
a. industrialized nation.
b. unitary government.
c. developing nation.
d. confederacy.
the answer would be A

Survey data shows that the level of Americans’ political knowledge is:_______.

Answers

The percentage is currently 48%

How did trade help to spread and connect ideas from different cultures?

Answers

Explanation:

because it involves people moving from place to place around the world as they trade.

At the end of the last ice age, as glaciers retreated in northern Europe, what caused people to move north into the areas uncovered by the ice sheets?

Answers

Answer:

It was probably too cold to bear.

Explanation:

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