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How did Herbert Hoover try to revive the economy during the great depression?
Wiki User
∙ 13y ago
While not believing in charity by the government, Hoover did try and help the economic mess that began during his administration. He gave much of his money to charity and encouraged Americans to do the same. He broke with Republicans and did away with the taxes that had been placed on citizens during the Coolidge administration. He thought that would allow for more income being spent to help the economy rebound. He spent $500 million a year on public works and government programs to build or improve government properties. The most famous was the Hoover (Boulder) Dam. Congress established the Reconstruction Finance Corporation (continued by FDR) which created an agency to help banks, railroads, and other key businesses to stay in business thus helping the economy.
Wiki User
∙ 13y ago
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Did Herbert Hoover lead the nation out of the Great Depression?
Hoover was alive during the great depression. He was rich enough that it did not personally affect his way of life.
Who was the leader who called for rugged individualism during the Great Depression?
Herbert Hoover I believe because he took no action toward the Great Depression.
Who had power in the US during the great depression?
Herbert Hoover was president.
Who was US president during the depression of 1929?
Herbert C. Hoover was the President when the stock market crashed in October of 1929.
Who were the 2 president's during the depression?
Herbert Hoover and Franklin Delano Roosevelt.correct
Who was the president during the beginning of the depression?
Herbert Hoover
Did Herbert Hoover lead the nation out of the Great Depression?
Hoover was alive during the great depression. He was rich enough that it did not personally affect his way of life.
Who was the leader who called for rugged individualism during the Great Depression?
Herbert Hoover I believe because he took no action toward the Great Depression.
When did Hoovervilles occur?
during the great depression and when herbert hoover was president
Who had power in the US during the great depression?
Herbert Hoover was president.
Are armodillos edible?
Armadillos are editable and were called Hoover pigs during the depression because everyone was blaming Herbert Hoover for the depression.
What is Herbert Hoover famous for?
Herbert Hoover is best known as the 31st president of the United States. He was in office during part of the Great Depression.
Who was the president durning the great depession?
Herbert Hoover was president from 1929 to 1933. He took office March 4, 1929, just months before the stock market crash in October 1929.
Who was US president during the depression of 1929?
Herbert C. Hoover was the President when the stock market crashed in October of 1929.
Who were the 2 president's during the depression?
Herbert Hoover and Franklin Delano Roosevelt.correct
What were hoover blanket?
during the great depression, the omeless used old newspapers as blankets. There became known as "hoover blankets" after the United States president Herbert Hoover.
Who was the president during early depression?
Franklin Delano Roosevelt was the United States president during the Great Depression.
