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Unlike war, the powers of the president do not change in an economic downturn. If you mean what can the president do that directly affects the economy, the main thing would be declare a bank holiday, which FDR did to stop the run on the banks. After the creation of the FDIC the runs on the banks were not needed as money was insured by the federal government. The person who really controls the economy especially during an economic downturn is the Federal Reserve chairman, in this case Ben Bernanke. He or she can raise or lower interest rates in order to increase the money supply or restrict it depending on what is need.
What else can I help you with?
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.
Who was the president in power during the Great Depression?
Herbert Hoover was President when the Great Depression began. Franklin Roosevelt was President when the Depression ended.
Who was president when the Great Depression was over?
Franklin Roosevelt was president when the great depression ended and the great war began.
Which of the following events demonstrated the increasing connectivity of world economies durning 20th century?
The international spread of the Great Depression
What year did The president make official that The Great Depression was The Great Depression?
1928-1933 by Herbert Clark Hoover the 31 president
What president saw the majority of the Great Depression?
Herbert Hoover was president when the Great Depression started. The depression started after the Stock Market crashed in 1929. Franklin Roosevelt was a good president because he helped people get their jobs back again. In 1938 the Great Depression was over.
Who was president at start of Great Depression and was he a democrat?
Herbert Hoover, a Republican, was the President when the stock market crashed in 1929 starting the great depression.
What president led your country out the great depression?
Franklin D. Roosevelt led the country out of the great depression. FDR was the 32nd U.S. President.
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 president of the US when the great depression began?
Herbert Hoover was president when it became obvious that the economy was in a depression.
Who was the president before the Great Depression?
Hoover was the president when the Great Depression hit.
Who was president during world world 2 and the great depression?
Herbert Hoover was president when the great depression began.Franklin Delano Roosevelt was president through the rest of the great depression and most of World War 2.Harry Truman was president during the final part of World War 2.
