Why did herbert hoover cause the great depression.

Answers

Answer 1

Answer:

World War I created a demand on Iowa farmers to produce more, even when their sons and hired help were being drafted into the army. The government appealed to farmers’ patriotism and pocketbooks. “Food Will Win the War” posters went up everywhere. Even more important, the federal government guaranteed high prices on corn, wheat and livestock. Iowa farmers responded enthusiastically, increasing their herds, putting more acres under cultivation and investing in new equipment and facilities. And production did increase rapidly. So did the price of land.

That production capacity did not go away when the war ended in 1918. Farmers continued to produce record outputs. European fields were again coming under cultivation after the war and those countries needed to buy less from the United States. American agriculture surpluses began to build up. In May 1920, the federal government stopped guaranteeing high prices, and suddenly prices for farm goods plunged. Land prices did also, and those who had speculated in rising land values were caught unable to pay off their loans. Many rural banks that had financed those loans went bankrupt, and the Midwest began a decade of hard times. Farmers continued to produce surpluses and prices sank even lower. For Iowa, the Depression did not start in 1929 when the stock market crashed. It only got worse.

Herbert Hoover Faces National Crisis

Iowa-born Herbert Hoover was elected president in 1928 as a Republican. He had a distinguished career as a mining engineer and achieved international fame and respect in leading efforts to feed starving Europeans, especially children, after the war. In 1921, he started an eight-year career as Secretary of Commerce under Presidents Harding and Coolidge. Soon after assuming office, Hoover faced a national crisis. Almost half of American families engaged in agriculture at the time. When they did not have the money to purchase manufactured items, factories couldn’t sell their products and they laid off workers. This created a downward spiral because unemployed workers could not buy products either. The trouble spread across the entire economy.

In October 1929, the value of stocks on the New York Stock Exchange started a sudden downward slide that touched off panic among investors. As in land prices earlier, there had been speculation in stocks that exceeded the companies’ capacity to produce. Banks and financial institutions that had loaned money began to fail, and credit necessary to keep the economy moving became hard to acquire.

Through Hoover’s presidency, the situation was bleak and many blamed the president. Up to one-third of the work force was unemployed. More and more families were homeless, and many young people took to the road in the desperate hope of finding work. In Iowa, farm families had the advantage of large gardens and homegrown livestock but struggled to find the cash to pay their taxes and necessary purchases. City families struggled. Before this period, welfare programs were very limited and taking government assistance was seen by many as a disgrace.

Some farmers threatened with the loss of their farms and homes became desperate. Farmers in eastern Iowa opposed a state law requiring their dairy cattle to be tested for tuberculosis. They formed gangs to threaten veterinarians doing the testing. The governor had to provide special protection for the vets. In western Iowa, farmers were so angry with a judge who refused to promise not to hear cases of farm foreclosure that they dragged him out of the courtroom into the country and threatened to lynch him. They did not carry through but the governor had to call out the National Guard to restore order. Would the country collapse into chaos?

Explanation:


Related Questions

How is Paraguay different from the other countries in the Southern Cone?

Answers

1. Almost all of its people speak a South American Indian language.

2.It has a higher percentage of people with only European ancestry.

Answer:

almost all of its people speak a south American Indian language

Explanation:

i looked at the other answer and when i got my assessment I used it on back this is the answer that was correct.

Ancient Egypt was a river valley civilization. true or false​

Answers

False.

Ancient Egypt was is exactly as it was originally portrayed. As a hot dessert with barely any rain. There wouldn't likely have been a lot of rivers back then due to the lack of rainfall or your typical water source.

Hope this helps and have a nice day.

-Kaikai Kitan

Answer:

True.

Explanation:

Ancient Egypt started out as towns along the Nile River. It would later divide into two civilizations, the Upper and Lower kingdom, before Menes, pharaoh of lower Egypt, would unite the two different kingdoms. But back to the point: The Egyptians needed the rich silt the Nile gave from flooding and the water the Nile had for transport, drinking water, and crops, as everywhere else was desert. So yes, Ancient Egypt was centered around the Nile, was on the Nile, and as such, it was a river valley civilization.

why do you think the period from 1877 to world war 1 can be called the beginning of the "long american century"?​

Answers

America started to achieve extreme developments during the 20th century, which had begun just before the beginning of the World War I.

What were the conditions of America before World War I?

The World War took place in 1914 and ended in 1918. United States participated on a large level in the war. In the period before the World War I, America started establishing its prowess worldwide.

Extreme industrialization hit the American society. Political reformations were also made, and social discrimination in the society also reduced at extreme levels.

America had dominated the entire 20th century, as it became a global superpower, and became financially and politically strong.

Thus, it may be said that the status of America before the World War I was the beginning of the long American century.

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How is the doctrine of states’ rights used today by different political factions?

Answers

States' rights refer to the political rights and powers granted to the states of the United States by the U.S. Constitution. Under the doctrine of states' rights, the federal government is not allowed to interfere with the powers of the states reserved or implied to them by the 10th Amendment to the U.S. Constitution.

Native American hunting on the Great Plains used the bison they hunted for .By contrast, the bison hunted for sport by.

Answers

Answer:I think its food and clothes and settlers, hunters

Explanation:

Which right is not protected by the Fifth Amendment?

Answers

Answer:

The Grand Jury Clause of the Fifth Amendment does not protect those serving in the armed forces, whether during wartime or peacetime. Members of the state militia called up to serve with federal forces are not protected under the clause either.

Why did Moses Austin want to create a colony in Texas, and why was the colony never established?

Answers

Answer:

Explanation:

Austin wanted to bring Anglo Americans to Texas and establish a colony. In 1821 he became the first man to gain permission from Spain to bring Anglo American settlers into Texas, although he did not live to carry out his plan.

Which of the following caused the greatest problem for Andrew Jackson in the election of 1828?


expenses for posters, rallies, and buttons


inexperienced campaign advisors


ethical problems that his opponent revealed in the press


negative statements about Rachel Jackson

Answers

Answer:

The correct answer is D : "negative statements about Rachel Jackson"

Explanation:

During the election of 1828 there was a lot of mudslinging from both parties, which resulted in Rachel Jackson, Andrew Jackson's wife, having negative statements released about her. It is known that Andrew Jackson valued his wife very dearly due to the effect it had on him when she died at the start of the presidency. He blamed the death of Rachel on all of the negative bombardment.

The greatest problem for Andrew Jackson in the election of 1828 was caused due to the negative statements about Rachel Jackson. Fourth option is correct.

The two camps engaged in a lot of mudslinging during the 1828 election, which led to statements being made negatively about Rachel Jackson, Andrew Jackson's wife.

It is well known that Andrew Jackson held his wife in high regard because of the impact her passing at the outset of his administration had on him. He attributed Rachel's passing on the bombardment's negative consequences.

Due to the fact that Rachel's divorce from her previous husband had not yet been finalized, Andrew and Rachel Jackson's marriage was contentious. As a result, Jackson was accused of bigamy and adultery, which were grave accusations at the time.

The biggest issue for Jackson in the 1828 race came from his opponents, who made insulting comments using this circumstance as cover.

Thus, fourth option is correct.

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2. Why did Britain and Demark stop trading slaves in 1826?​

Answers

Britain marks 200 years on March 25 since it enacted a law banning the trans-Atlantic slave trade, although full abolition of slavery did not follow for another generation.

why was the “doll study” important

Answers

Answer:

The "doll study" was important because to examine the development of racial identification, racial preference and racial self-awareness.

really confused about my sexuality rn​

Answers

Have you figured it out yet if not try taking an online test or try talking to someone
Hope this helps

Answer:

It's okay to be confused. I was once confused myself and found that I was trans female by doing some experiments. Like trying on clothes or talking to a counselor. I would suggest seeking help and journaling your feelings down. Find a friend you know you can trust and lean on them for support and help. Don't give up on who you are no matter what happens. Trust me there is help out there and there is people that care about even if it doesn't seem like it. No matter what DON'T GIVE UP!!!!

Explanation:

Although the allies assumed the
U.S.would take action at the start
of WWI, which of these is a reason
the U.S. did not get involved at
the beginning of the war?
A. The U.S. supported Germany at the start of
the war.
B. The U.S. did not see a gain nationally for
getting involved.
C. The U.S. did not have the military power to
become a participant at the beginning of the war.
D. The U.S. was fighting the Spanish-American
War.

Answers

I think it is B. The U.S. did not see a gain nationally for getting involved

Answer:

(B) The U.S. did not see a gain nationally for

getting involved.

Explanation:

How was political corruption during the Harding administration exposed to
the public?
O A. By bringing the perpetrators of the Teapot Dome scandal to trial
B. By publishing the Zimmermann Telegram in nationally syndicated
newspapers
C. By influencing stock market prices in select investment houses
O D. By creating an atmosphere of ethnic discrimination in híring
practices

Answers

Answer: A) By bringing the perpetrators of the Teapot Dome scandal to trial

Explanation:

area of palestine that is the home of the jews?

Answers

Answer:

In Jewish history, religion, and culture, the concept of a homeland is deeply rooted. As a result of the destruction of the First Temple and the Babylonian exile, the Jewish desire to return to Zion has dominated Jewish religious thought for thousands of years.

Alguna ocasión has tenido que defender una idea

Answers

En muchas ocasiones he tenido que defender una idea, tanto en el colegio como con amigos y familiares, puesto que parte de tener una identidad es defender y debatir nuestras ideas La forma en que defendí mi idea fue la siguiente: Presenté mis ideas claras y concisas. Argumenté cada una de las bases de las mismas. Respondí las dudas generadas por la controversia. Escuché y pedí que me escucharan.

Which event did the phrase "the shot heard round the world" describe?

Answers

Answer:

the boston massacre

Explanation:

when the colonists were messing with the troops calling them names and such like lobsters and red coats this triggered the colonist when one colonist threw a snowball a soldier shot know one knew who but it cause a massacre

Answer: Battle of Lexington

Explanation: (k12)

in what respects was jacksonian democracy more democratic

Answers

Explanation:

Such tendentious revisionism may provide a useful corrective to older enthusiastic assessments, but it fails to capture a larger historical tragedy: Jacksonian Democracy was an authentic democratic movement, dedicated to powerful, at times radical, egalitarian ideals—but mainly for white men

Within the European Union (EU), citizens can live and work in any member state.
True
False

Answers

The answer is false good luck

True

As a citizen of the European union, you are give the right to move to any member state in order to live, work, study, or retire. This has been a very big benefit to those who live within these countries.

I hope this helps! :)

What was the symbolic importance of where the Topkapi Palace was located and what aspects of OTTOMAN LIFE did the sultan control?

Answers

Based on historical perspective, the symbolic importance of where the Topkapi Palace was located is that "it represents the center of wealth and power for the Ottoman empire at the time."

Topkapi Palace is also considered to be the center of Sultan Power.

On the other hand, the aspects of OTTOMAN LIFE the sultan control is politics and the military.

This is because the Sultan of the Ottoman Empire is the leader of the political and military affairs of the Ottoman Empire.

Topkapi Palace can be found in present-day Istanbul. It was initially built in the 1400s by Mehmet II.

Hence, in this case, it is concluded that the Topkapi Palace and the position of the Sultan are significant in the Ottoman Empire.

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People protesting outside Amazon over labor conditions and wages of its workers.

a Individual Rights
b Republicanism
c Checks and Balances
d Limited Government

Answers

Answer:

individual rights

Explanation:

Answer - A
I did this yesterday !!

The Cuban American presence is most notably felt in Miami, Florida. Question 11 options: True False

Answers

Answer:

I think its true

Explanation:

Based on the results of cross-sectional intelligence testing, _____ for the first half of the twentieth century.

Answers

Based on the results of cross-sectional intelligence testing, younger generations were considered to be smarter than older ones for the first half of the twentieth century.

According to the research, it should be noted that intelligence increases in childhood. It then peaks in adolescence then it gradually decreases as one grows older.

The article further stated that younger people are smarter than older ones. Therefore, younger generations were considered to be smarter than older ones for the first half of the twentieth century.

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alternative source of avocado ?? Please??????

Answers

Answer:

Avocados are high-fat, high-fiber foods. If you're looking for a food swap with similar nutritional values, your best option are chia seeds," Carr says. "Similar to avocados, chia seeds have inflammatory fighting omega-3 fats, and they happen to be one of the most fiber-rich foods.

HEYOOOO, HELP A FELLOW GIRLIE OUT IGHT? LIKE, SERIOUSLYYYY HELP XDDDDDDD How was the Abrahamic Covenant made? Use complete sentences.

Answers

Answer:

The Abrahamic covenant is a unilateral covenant that God made with Abraham. A unilateral covenant is an agreement made between two parties, in which only one of the parties has responsibility to act. In the case of the agreement between God and Abraham, God was the only one who was required to act, making it a unilateral (or unconditional) covenant. The Abrahamic covenant is found in Genesis 12:1-3. Abram was a man living in ancient Mesopotamia, a descendent of Noah through Shem (Genesis 11:10-27). One day, God called to Abram and gave him a command that was also a promise: "Go from your country and your kindred and your father's house to the land that I will show you. And I will make of you a great nation, and I will bless you and make your name great, so that you will be a blessing. I will bless those who bless you, and him who dishonors you I will curse, and in you all the families of the earth shall be blessed" (Genesis 12:1-3). This promise is what we now call the Abrahamic covenant.We know that the covenant was unilateral because, in the ancient world, a covenant would be made official by cutting open a dove or a ram or some other animal or animals, and placing them on the ground so that both parties involved in the covenant could walk between the pieces. In the case of the covenant God made with Abraham, God took on the form of a "smoking furnace and a flaming torch" and passed between the pieces alone. God caused Abraham to fall asleep while this took place, further ensuring that the full weight of responsibility in the covenant was to fall on God, rather than Abraham.

The God made a promise to the Abraham to bless him and all of his descendants. The god asked for the removal of foreskin of Abraham and all his descendants which will serve as a sign of the Abrahamic covenant.

How was the Abrahamic Covenant made?

The Abraham became a part of a celestial wedding and was made a high priest and he also received the gospel.

The god then promised to blessed Abraham along with his family and all his descendants which were recognised as covenants.

Therefore, when god blessed all the descendants of Abraham , they were said to be the covenants of Abraham.

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Write TWO paragraphs describing John Marshall and the Supreme Court made the United States Constitution and the National Government the supreme law of the land.

Answers

Answer:

John Marshall was the fourth chief justice of the U.S. Supreme Court (1801-35). In Marbury v. Madison (1803) and other landmark cases, Marshall asserted the Supreme Court’s authority to determine the constitutionality of the nation’s laws—a principle known as judicial review—and shaped the judicial branch into a powerful force in the U.S. government.

Question 10 of 10
In order to make their schedules more standard, what did the railroads do?
A. Allowed each train to set its own schedule
B. Divided the United States into time zones
C. Put the whole United States on the same time
O D. Forced every train to leave its station on the hour
SUBMIT
Will mark brainliest

Answers

Answer:

B. Divided the us into time zones

Explanation:

1. What foreign
territories bordered the
Louisiana Purchase?

Answers

Answer:

The Louisiana Purchase (French: Vente de la Louisiane, lit. 'Sale of Louisiana') was the acquisition of the territory of Louisiana by the United States from Napoleonic France in 1803. In return for fifteen million dollars, or approximately eighteen dollars per square mile, the United States nominally acquired a total of 828,000 sq mi (2,140,000 km ; 530,000,000 acres). However, France only controlled a small fraction of this area, most of it inhabited by Native Americans; for the majority of the area, what the United States bought was the "preemptive" right to obtain "Indian" lands by treaty or by conquest, to the exclusion of other colonial powers. The total cost of all subsequent treaties and financial settlements over the land has been estimated to be around 2.6 billion dollars. The Kingdom of France had controlled the Louisiana territory from 1699 until it was ceded to Spain in 1762. In 1800, Napoleon, the First Consul of the French Republic, regained ownership of Louisiana as part of a broader project to re-establish a French colonial empire in North America. However, France's failure to put down a revolt in Saint-Domingue, coupled with the prospect of renewed warfare with the United Kingdom, prompted Napoleon to consider selling Louisiana to the United States. Acquisition of Louisiana was a long-term goal of President Thomas Jefferson, who was especially eager to gain control of the crucial Mississippi River port of New Orleans. Jefferson tasked James Monroe and Robert R. Livingston with purchasing New Orleans. Negotiating with French Treasury Minister François Barbé-Marbois (who was acting on behalf of Napoleon)

Explanation:

Can I be brainliest

Pls help Between meetings, members of Congress________

Answers

i need to know the answers

A company gets a tax break from the government , what will happen to the supply curve for the company ?

Answers

Answer:

If the government increases the tax on a good, that shifts the supply curve to the left, the consumer price increases, and sellers' price decreases.

Explanation:

Reducing taxes thus pushes out the aggregate demand curve as consumers demand more goods and services with their higher disposable incomes.

how has spice changed over the years

Answers

Answer:

nu stiu

Explanation:

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