0
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.
Breanne Mohr
Wiki User
∙ 13y agoHe 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.
Makayla Semper
Add your answer:
Earn +20 pts
Why wasn't Herbert Hoover's approach to ending the Great Depression successful?
He was voted out of office before his plan could work. It takes some time to end a great depression.
What president did not do a great job at helping end the Great Depression?
~ Herbert Hoover ~Hoover is the 31st president of the United States. Hoover didn't participate into helping end the Great Depression. He is sort of a bad president, agree or not, he is horrible in my opinion. He died in New York City on October 20, 1964 and died by intestinal cancer, which is cancer in the stomach of the human body. Before I forget, Hoover is 5'11". Hoover is named after the shantytowns where people does nothing; 'Hoovervilles.' Sorry I gave you so much information about Hoover, Herbert. I am those history geeks. I hope this helps you a lot.
How should you end your Great Depression story?
How about "And that was my story on the great depression."
When did the drought end during the great depression?
1939
The new deal did not end the Great Depression?
False
Was President Herbert Hoover to blame for the Great Depression?
no because he tried his hardest to end depression
Who was president during the great depression end wold war ll?
Herbert Hoover.
What type of action did President Hoover think the government needed to take to combat the economic downturn?
Hoover did not believe that the government should lead the way to end the economic depression.
Why wasn't Herbert Hoover's approach to ending the Great Depression successful?
He was voted out of office before his plan could work. It takes some time to end a great depression.
Was not part of president hoover program to end the great depression?
Direct economic relief would be given to the people
What president did not do a great job at helping end the Great Depression?
~ Herbert Hoover ~Hoover is the 31st president of the United States. Hoover didn't participate into helping end the Great Depression. He is sort of a bad president, agree or not, he is horrible in my opinion. He died in New York City on October 20, 1964 and died by intestinal cancer, which is cancer in the stomach of the human body. Before I forget, Hoover is 5'11". Hoover is named after the shantytowns where people does nothing; 'Hoovervilles.' Sorry I gave you so much information about Hoover, Herbert. I am those history geeks. I hope this helps you a lot.
Why was the electorate angry at the end of Herbert Hoover's term in office?
depression
Which efforts was not made by president hoover to end the depression?
Do-nothing approach
What is Herbert Hoover and the Hoover carts?
"Hoover cart" -- the remains of the old tin Lizzie being pulled by a mule During part of the great depression of the 1930's when Herbert Hoover was president, many auotomobile owners could not afford gasoline to power their cars so would cut off the rear end of the vehicle, attach a tongue and pull it as a cart with either a horse or mule. Others simply took the rear end housing out of the car, built a wooden cart over the housing and pull this with a horse or mule. These carts acquired the nickname "Hoover Carts" in "honor" of President Hoover.
How should you end your Great Depression story?
How about "And that was my story on the great depression."
What is was the Great Depression New Deal?
The great depression's new deal was to end the unemployed people so they can have a job to work at in stead of staying at home with no food to eat for the kids and family. That's was i think happened of the day of the great Depression.
What were president Hoovers efforts to resolve the depression?
Hoover tried to combat the depression with public works projects including the Hoover Dam. He also used government enforced efforts, tariffs, and an increase in corporate taxes and taxes for the top tax bracket.
