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.
When the great depression struck, Hoover decided not to give government aid to the people believing that it would inflate the Federal government budget.
they thought that he was really freaken coool and the best president of the uniter states
Herbert Hoover had just become President in 1929 when the Great Depression began. His ineffective response led to his defeat by Franklin D. Roosevelt in 1932.
His belief that the federal government could not give direct aid to individuals left millions without help.
In response to past economic crises such as the Great Depression, Americans demanded government policy solutions to widespread unemployment and rising income insecurity. But a new study found that public support for government efforts to address social problems actually declined in the wake of the 2008 economic crisis.
When the great depression struck, Hoover decided not to give government aid to the people believing that it would inflate the Federal government budget.
It increased spending based on Keynesian economic principles.
Answer this question… It adopted an economic approach based on spending rather than saving.
Herbert Hoover had just become President in 1929 when the Great Depression began. His ineffective response led to his defeat by Franklin D. Roosevelt in 1932.
they thought that he was really freaken coool and the best president of the uniter states
They should have gone into quarantine and nuked everywhere the depression virus was spreading. The government should have worn gas masks to protect them from the depression. If the government would have taken these precautions the zombies wouldn't have nomed everyone
New Deal
reactive depression
Herbert Hoover had just become President in 1929 when the Great Depression began. His ineffective response led to his defeat by Franklin D. Roosevelt in 1932.
To be perfectly honest, Hoover really didn't do much to help the Depression, but he predicted that the country would recover and go into prosperity in the next couple years, which was false. Job Hoover.
In response to Pearl Harbor, the president advised congress to declare war, which they did.
His belief that the federal government could not give direct aid to individuals left millions without help.