America’s Great Depression

Read America’s Great Depression: www.amatecon.com/gd/gdcandc.html

· Read Digital History: Sections Why it Happened to President Hoover http://www.digitalhistory.uh.edu/teachers/lesson_plans/pdfs/unit9.pdf

  1. Hoover’s presidency will be forever shadowed by the Great Depression. Is it fair to blame Hoover’s actions or inaction for the Great Depression?
  2. Should we compare Presidents Hoover and President Roosevelt’s attempts to deal with the depression?
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Sample Answer

Is it fair to blame Hoover’s actions or inaction for the Great Depression?

It is a complex question to answer whether Hoover’s actions or inaction contributed to the Great Depression. There are many factors that contributed to the Great Depression, including the stock market crash of 1929, the Smoot-Hawley Tariff Act, and the agricultural depression. However, Hoover’s policies did not help to alleviate the crisis, and some historians argue that they may have even made it worse.

For example, Hoover opposed government intervention in the economy, and he believed that the free market would eventually correct itself. However, this approach did not work, and the Depression only worsened. Hoover also vetoed a number of relief bills, and he refused to provide federal assistance to the states. This led to widespread suffering, and it made Hoover very unpopular.

Full Answer Section

However, it is important to note that Hoover was not the only one who failed to prevent the Great Depression. Many other world leaders also failed to take action, and the Depression was a global event. It is also worth noting that Hoover did take some positive steps, such as creating the Reconstruction Finance Corporation (RFC). The RFC provided loans to banks and businesses, and it helped to stabilize the economy.

Ultimately, it is up to each individual to decide whether they believe Hoover’s actions or inaction contributed to the Great Depression. There is no easy answer, and there are many factors to consider.

Should we compare Presidents Hoover and President Roosevelt’s attempts to deal with the depression?

Yes, I think it is important to compare Presidents Hoover and President Roosevelt’s attempts to deal with the Great Depression. Both presidents faced a difficult situation, but they took very different approaches. Hoover believed in the free market, while Roosevelt believed in government intervention. Hoover’s policies were largely ineffective, while Roosevelt’s policies helped to end the Depression.

Roosevelt’s New Deal programs, such as Social Security, the Civilian Conservation Corps, and the Works Progress Administration, provided much-needed relief to Americans. These programs also helped to stimulate the economy and create jobs. Roosevelt also took steps to regulate the economy, such as the Glass-Steagall Act, which separated commercial and investment banking. These reforms helped to prevent another financial crisis.

In conclusion, I believe that it is important to compare Presidents Hoover and President Roosevelt’s attempts to deal with the Great Depression. Their different approaches had a profound impact on the course of American history.

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