0
What did Hoover think the best way to deal with the depression?
Wiki User
∙ 14y ago
President Hoover believed that during tough economic times, people should (and some would) help themselves. While Americans wanted their president to do something about the depression, Hoover wanted the Americans to do something about their "own" problems. Hoover stated, "The lesson should be constantly enforced that though the people support the government, the government should not support the people." He also said, "I do not believe that the power and duty of the general government ought to be extended to the relief of individual
President Hoover did pressured people who owned businesses not to fire or do pay cuts, and also urged people to not quit their jobs
Wiki User
∙ 11y ago
Wiki User
∙ 12y agoPresident Hoover believed that during tough economic times, people should (and somewould) help themselves. While Americans wanted their president to do something about the depression, Hoover wanted the Americans to do something about their "own" problems. Hoover stated, "The lesson should be constantly enforced that though the people support the government, the government should not support the people." He also said, "I do not believe that the power and duty of the general government ought to be extended to the relief of individual suffering."
Wiki User
∙ 12y agoHoover blamed the Depression on foreign economic collapse over which he had no control. Major European banks went bankrupt, causing alarm in other foreign banks. Great Britain went off the gold standard.
While not believing in charity by the government, 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.
Wiki User
∙ 12y agohe attempted to create small government investment to create jobs
Wiki User
∙ 14y agoto relax and stay calm but nobody did and when it was time for the new president election, Roosevelt won by a landslide.
Add your answer:
Earn +20 pts
What new deal reform was Hoover Dam built?
The Hoover Dam was not a New Deal reform. It was began by President Hoover, who lost the election to Franklin D. Roosevelt, mostly because of the effects of the Great Depression. It was Franklin D. Roosevelt who introduced the New Deal.
Which president was the first to deal with the Great Depression?
Herbert Hoover was the president during the great wall street crashes which are generally considered to be the beginning of the great depression, so he was the first president to have to deal with it.
Who was involved in Great Depression?
Important people in the Great Depression are Hebert Hoover (1874-1964) and Franklin Delano Roosevelt (1882-1945). Hebert Hoover was President during the 1929 Stock Market Crash which many people blamed on him. For this, people nicknamed him Hapless Hoover. FDR, who became President in 1933 is credited for ending the Depression.
Did Herbert Hoover affect Georgia during the Great Depression?
Georgia was affected by Herbert Hoover because he created the New Deal Program. With this program applied to the Great Depression, it helps to provide man men with jobs, along with the Tennessee Valley Authority that accomplished similar goals. *** Franklin D. Roosevelt created the New deal plan which included the Civilian Conservation Corps, the Social Security administration, the Agricultural Adjustment Act, and the Rural Electrification Act. Hoover was actually blamed for the depression, that is why bankrupt people at the time who lived in shacks called their "neighborhood of shacks" Hoovervilles.
How did FDR's New Deal break with Herbert Hoover's policies toward the depression?
The US government would take a stronger, more active role in the crisis through direct economic policies.
How did Hoover deal with the depression at first?
President hoover created the square deal
What new deal reform was Hoover Dam built?
The Hoover Dam was not a New Deal reform. It was began by President Hoover, who lost the election to Franklin D. Roosevelt, mostly because of the effects of the Great Depression. It was Franklin D. Roosevelt who introduced the New Deal.
Which president was the first to deal with the Great Depression?
Herbert Hoover was the president during the great wall street crashes which are generally considered to be the beginning of the great depression, so he was the first president to have to deal with it.
Who said this quote I believe that the best way to deal with great depression was not to provide direct government aid but to find ways to help people help themselves?
Herbery Hoover is who said that I belive
Who was involved in Great Depression?
Important people in the Great Depression are Hebert Hoover (1874-1964) and Franklin Delano Roosevelt (1882-1945). Hebert Hoover was President during the 1929 Stock Market Crash which many people blamed on him. For this, people nicknamed him Hapless Hoover. FDR, who became President in 1933 is credited for ending the 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.
Did Herbert Hoover affect Georgia during the Great Depression?
Georgia was affected by Herbert Hoover because he created the New Deal Program. With this program applied to the Great Depression, it helps to provide man men with jobs, along with the Tennessee Valley Authority that accomplished similar goals. *** Franklin D. Roosevelt created the New deal plan which included the Civilian Conservation Corps, the Social Security administration, the Agricultural Adjustment Act, and the Rural Electrification Act. Hoover was actually blamed for the depression, that is why bankrupt people at the time who lived in shacks called their "neighborhood of shacks" Hoovervilles.
How did Franklin D Roosevelt's New Deal break the Herbert Hoover's policies toward the depression?
Actually, Roosevelt's policies were similar to Hoover's but more extreme, and even people from Roosevelt's administration later admitted that they developed some of their ideas from Hoover. Both presidents favored government intervention into the economy and it did not end the depression. Hoover's policies turned a recession into a depression, and Roosevelt's policies turned a short depression into a decade long debacle. The depression did not end until Roosevelt took the US into World War II, when virtually the whole country was in a wartime economy. It is a common misconception that Hoover favored "free-market" policies. His Republican predecessors, Warren Harding and Calvin Coolidge did favor free market policies, and the result was the "roaring 20's" which was a period of economic prosperity. So to answer the question, Roosevelt's policies did not so much break from Hoover's, they only expanded upon them and kept the depression going.
How did Franklin D Roosevelt's New Deal break the Herbert Hoover's policies towards the depression?
Actually, Roosevelt's policies were similar to Hoover's but more extreme, and even people from Roosevelt's administration later admitted that they developed some of their ideas from Hoover. Both presidents favored government intervention into the economy and it did not end the depression. Hoover's policies turned a recession into a depression, and Roosevelt's policies turned a short depression into a decade long debacle. The depression did not end until Roosevelt took the US into World War II, when virtually the whole country was in a wartime economy. It is a common misconception that Hoover favored "free-market" policies. His Republican predecessors, Warren Harding and Calvin Coolidge did favor free market policies, and the result was the "roaring 20's" which was a period of economic prosperity. So to answer the question, Roosevelt's policies did not so much break from Hoover's, they only expanded upon them and kept the depression going.
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.
How Roosevelt lifted us economy out of depression?
he created something called the new deal. it provided jobs mostly in constrution of national parks roads things such as that. i believe the hoover damm is a one result of the deal. you can further research the deal for more info. hope i helped.
How FDR’s policies dug the US out of the depression during his presidency?
New Deal Summary, Programs, Policies, and Its Success ... The New Deal played a significant role in countering the Great Depression and revitalizing the U.S. ... The New Deal was a far cry from President Herbert Hoover's ...hear-nothing, ... In his first 100 days in office, FDR pushed Congress to pass 15 new agencies and ...
