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∙ 11y agoOriginally hands off, staying with the belief that markets self correct. He and his administration did try to convince Wall Street bankers and brokers to limit the out-of-control trading and lending leading to the crash. Legislation to reform banking practices were rejected by Congress. Hoover was a proponent of smaller, less-intrusive federal government.
The crash of 1929 was followed shortly by the collapse of European economies. This echoed back again to America, ending any chance of a quick recovery. The severe and extended droughts through the 1930s contributed to the Depression. Hoover's administration had no choice but use limited public funds to support the economy. Roosevelt's "New Deal" was actually a continuation of programs and legislation started during Hoover's term.
Consider the Glass-Steagall Act of 1934. This separated deposit and loan banks from investment firms to prevent a repeat of the Wall Street collapse. This was effective for 65 years until it's repeal in 1999, followed nine years later by another collapse.
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What was true about president hoovers political platform in 1932 presidential election?
President Hoover called for a minimal government role in changing the economy.
What role did the goernment play in The Great Depression?
they ruled,
How did the Great Depression changed the role of government in America?
The role of government greatly expanded.
What role did the War of the Worlds play in the great depression?
The War of the Worlds did not play a direct role in the Great Depression. The Great Depression was primarily caused by a combination of stock market crash in 1929, economic downturn, and banking failures. The War of the Worlds was a radio broadcast in 1938 that caused panic but did not have any long-term impact on the economic conditions of the Great Depression.
Which of the following is true about hoovers political platform?
President Hoover called for a minimal government role in changing the economy.
Who was the American president who tried to fight the great depression?
Herbert Hoover was the president for a short time when the depression first began. He did what he could within the limits he believed the federal government had . Franklin Rooseveltthen took office and was President for most of the depression. He pushed through several large scale measures of economic and social intervention, several of which were challenged on constitutional grounds and all of which greatly expanded the role of the federal government. The depression finally ended when the nation geared up for the wartime effort and 500,000 men were added to the military service.
Who was president during the World War 2 and the Great Depression?
Franklin Delano Roosevelt was the president during the great depression and World War 2.During his term (1933-1945) Roosevelt led the nation out of the Great Depression of the 1930s and to victory in World War II (1941-1945). He also greatly expanded the size and role of the federal government through his New Deal social programs.Timeline:When the Depression began in 1929, Herbert Hoover was President of the United States and held office until 1933. Then Franklin Roosevelt became president and served as President for three full terms and the beginning of a fourth term. He remained in office throughout the depression and for most of World War II until he died in 1945. After Roosevelt died, Harry Truman became the US President for the remainder of the war.Franklin Delano Roosevelt .That would be Franklin Delano Roosevelt(1933-1945) until his death in office ; he was succeeded by Harry S Truman , his Vice President .Franklin Delano Roosevelt .Franklin D. Roosevelt for most of it. Herbert Hoover was in office when the Depression started, and Harry S. Truman was President at the very end of WWII.Franklin Delano Roosevelt was the President during the depression and World War II.Herbert Hoover was president when the economic crash occurred. Mind you its effects lasted years later.FDR was president for almost all of WWII. Truman was the one to end WWII when he dropped the bomb on japanFranklin D. RooseveltFranklin Delano Roosevelt .Franklin Delano Roosevelt.Franklin Delano RooseveltDuring his term (1933-1945) Roosevelt led the nation out of the Great Depression of the 1930s and to victory in World War II (1941-1945). He also greatly expanded the size and role of the federal government through his New Deal social programs.FDR Franklin Delanore Roosevelt came up with the new deal to get the united states out of the great depressionFranklin D. Roosevelt, and briefly, Harry S. Truman, after Roosevelt passed away suddenly on April 12 1945.President Franklin Delano Roosevelt .When the Depression began in 1929, Herbert Hoover was President of the United States and held office unti l1933. Then Franklin Roosevelt became president and remained in office throughout the depression and for most of World War II until he died in 1945; after Roosevelt died Harry Truman became Presidnet for the remainder of the war.Roosevelt
Who had an important role in the Great Depression?
Hay why don't you go look it up or something you nut head?
What role did WWll play in ending the Great Depression?
Only when the nation began to prepare for World War II, along with massive purchases of American goods from abroad (and American rearmament), did the Great Depression come to an end. By 1939 the economy was on an upswing and by 1940, after war had begun in Europe, the Great Depression was history.
What was Ulysses S. Grant role?
He was a great general for the North and latter became president.
What was the role of speculators during the great depression?
Speculators played a complex role during the Great Depression. Some argue that excessive speculation in the stock market contributed to the crash, while others believe it exacerbated the effects. Speculators attempted to profit from price fluctuations and engaged in risky trading practices, contributing to market volatility. Ultimately, their activities helped fuel the economic downturn, but they were not solely responsible for causing the Great Depression.
How has the role of the federal government in social policy action changed since the onset of the Great Depression?
In the Great Depression which devastated the economy from 1929-1940. Unemployment peaked at 25 percent, millions of people were homeless, and millions more were forced to leave their homes. The Great Depression and the Second World War led the federal government to turn to fiscal policy as a way of managing the economy and to bring us out of the depression.
