Why Did President Hoover Respond Cautiously To The Great Depression

6513 users searched for this homework answer last month and 52 are doing it now, let’s get your homework done.

This Top Homework Answer is College level and belongs to the History subject.

This answer got 40 “Big Thanks” from other students from places like Harriman or South Cleveland.

Question

Why did President Hoover respond cautiously to the Great Depression

Answer

Soon after President Herbert Hoover took office in 1929, the U.S. stock market crashed and soon the Great Depression started in the U.S., severely affecting its economy and American families. Hoover responded to this economic crisis cautiously: he barely undertook few measures and programs to stimulate the economy, believing that the business cycle would correct itself and that too much federal intervention was a threat to the market, to capitalism, individualism.

Students are also searching for

  • how is the grapes of wrath structured
  • compare and contrast metaphors and similes and their purposes
  • which of the following statements about dante alighieri is true?

If you have more homework to do you can use the search bar to find the answer to other homework: 150 have done it today and 62 in the last hour.

Help your mates do their homework and share Top Homework Answers with them, it’s completely free and easy to use!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.