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Why did president Hoover believe the economy did president Hoover believe the economy could weather the stock market?
Wiki User
∙ 6y ago
He wanted people not to panic. He knew the market was over-priced and due for a correction. He did not predict how bad the effects would become. He hoped that people would stand on their own and not expect the government o solve all their problems.
Wiki User
∙ 10y ago
Wiki User
∙ 12y agoBecause he was partially the cause of the Depression.
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Why did President Hoover urge Congress to institute the Reconstruction Finance Corporation?
President Hoover believed the economy suffered from a lack of credit
How did Herbert Hoover the the US economy as he campaign for president?
Hoover saw unparalled prosperity across the country
How did Herbert Hoover view the economy as he campaigned for president?
Hoover saw unparalleled prosperity across the country.
Who is the last US president to run the world economy into the ground?
Hoover.
What president took a laissez-faire approach to the economy?
Herbert Hoover
What was true about president Hoover's political platform in the 1932 presidential election?
he called for minimal government role in changing the economy.
How did herbert hoover view the us economy as campaigned for president?
Hoover saw unparalled prosperity across the country
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.
How did hoover view the U.S. economy as he campaigned for president?
Hoover saw unparalled prosperity across the country
How did Herbert Hoover view the U.S economy as he campaigned for president in 1928?
Herbert hoover saw unparalled prosperity across the country about the US economy as he campaigned for president in 1928.
Why was president Hoover blamed for the nations economic problems?
Hoover was blamed for the nation's economic problems because he thought that the best way to fix the economy was to let the economy fix it's self (do nothing).
How did Herbert Hoover view the U.S economy as he campaigned for President?
Hoover saw unparalleled prosperity across the country.
