True
Much of the blame for the Depression was placed unfairly on President Hoover. President Calvin Coolidge was to blame for part of the Depression.
no because he tried his hardest to end depression
Germany
Hoover believed in trickle down economics and he didn't provide direct relief to the poor. He also bailed out buisinessess.
Roosevelt places a lot of blame on Hoover and his actions (or lack thereof) that lead to the Depression.
Yes he was to blame and things like "Hooverville" are testament to how the public blamed him.
HOOVER ---- Actually Hoover for the begining of it for overreaction with too much spending. Then FDR for extending it and prolonging it with even more spending. Even FDR himself stated portions of his NEWDEAL was a failure (specificially as it related to unemployment, since most of his work programs were not jobs, but just 'make work' and some were not even with pay. Hoover helped the depresssion along by doing the tarrifs and etc which turned it into a full depression... Till that, it was still more of a major crash. Fact is, that Hoovers predesssors created the best economic times ever, and by overspending and then overreacting, the depression was not only created but deepened. Hoover actually deserves blame but so does FDR for too much followup. FDR himself stated in 1939 that they overdid portions of the response and it was those responses that extended the depression.
Denise Richards
Capitalism
At one time, a lot of people blamed Herbert Hoover. Many people today blame the Federal Reserve. Other people and organizations have been blamed, including banks, industrialists, and investors. The actual reasons are probably too complex to blame an individual or single group of people. There is a link below to an article on the Great Depression, opening to the section on causes.
Hoover believed in trickle down Economics and he didn't provide direct relief to the poor. He also bailed out buisinessess.
Well, Hoover was in office when the Great depression developed, 1929 - 1931, but if we're going to blame individuals for global financial disasters, we have to look too at Coolidge as well. Hoover didn't fix it, but he only took the office in March of '29. Hoover was also president October 1929 when the stock market crashed, but it's high unlikely (impossible) that anything he did lead to the crisis.