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a. The New Deal
b. Glass-Stegall Act- made getting commercial credit easier and released $750 million out of gold reserves for additional business loans
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What is one step that president hoover took even before the greate depression to help the nation struggling farmers?
One of the first things President Hoover did to combat the effects of The Great Depression was to try to get the Federal Reserve Act repealed. The Federal Reserve Act set limits on how much money the Reserve could release into the economy.
How did hoover and FDR differ on their views on the role of the president?
Hoover felt constrained by the limits of the constitution on the powers of the federal government. Roosevelt felt no such restrictions and was willing to try anything that he thought might improve the economy and win him votes.
How did Nixon try help the economy?
President Nixon did try to help the economy. Nixon imposed wage-price controls which were not successful. Nixon also attempted to gain better management of government financial programs.
How did Nixon try to the economy?
President Nixon did try to help the economy. Nixon imposed wage-price controls which were not successful. Nixon also attempted to gain better management of government financial programs.
Were Americans justified in blaming Hoover for the hard times?
Many people did and still do blame President Hoover for the hard times, however this isn't always fair. He did try his best to help the citizens.Preferences§1234567890-=BackspaceTabqwertyuiop[]Returncapslockasdfghjkl;'\shift`zxcvbnm,./shiftEnglishDeutschEspañolFrançaisItalianoPolskiPortuguêsРусскийaltalt
How did Herbert Hoover try to revive the economy during the great depression?
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.
President Hoover responded cautiously to the depression because he?
He thought the business cycle would correct itself.
What did president Herbert Hoover accomplish during the great depression?
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. All of these things could not stem the tide of the economic collapse. Hoover believed in a balanced budget and not pumping government money into the economy. He believed in "rugged individualism" and relied on the individual, the churches and private charities, and the local and state governments to handle most of the economic help that was needed.
How did president Hoover's philosophy of government guid his response to the depression?
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. All of these things could not stem the tide of the economic collapse. Hoover believed in a balanced budget and not pumping government money into the economy. He believed in "rugged individualism" and relied on the individual, the churches and private charities, and the local and state governments to handle most of the economic help that was needed.
How did president Hoover's philosophy of government guide his response to depression?
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. All of these things could not stem the tide of the economic collapse. Hoover believed in a balanced budget and not pumping government money into the economy. He believed in "rugged individualism" and relied on the individual, the churches and private charities, and the local and state governments to handle most of the economic help that was needed.
What actions did Hoover take to improve the economy?
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. All of these things could not stem the tide of the economic collapse. Hoover believed in a balanced budget and not pumping government money into the economy. He believed in "rugged individualism" and relied on the individual, the churches and private charities, and the local and state governments to handle most of the economic help that was needed.
What did President Nixon advocated as an economic stimulus?
President Nixon did try to help the economy. Nixon imposed wage-price controls which were not successful. Nixon also attempted to gain better management of government financial programs.
