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Why did hoover refuse to support government invention in the economy?
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Why didn't hoover want the federal government to interfere with the economy?
he didn't want people to depend on the government
What president took a laissez-faire approach to the economy?
Herbert Hoover
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).
Hoover tried to restore confidence in the economy by?
While not believing in charity by the government, Hoover did try and help the economic mess that began during his administration. 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.
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.
What was true about president Hoover's political platform in the 1932 presidential election?
he called for minimal government role in changing the economy.
Who said that The government should not support the people?
Herbert Hoover
Why didn't hoover want the federal government to interfere with the economy?
he didn't want people to depend on the government
What construction of hoover dam was the result of what kind of government intervention in the economy?
Public Work Program
The construction of Hoover Dam was the result of what kind of government intervention in the economy?
Public Work Program
The construction of the Hoover Dam was the result of what kind of government intervention in the economy?
public works program
Why did president hoover not help the unemployed?
President Hoover believed in limited government intervention in the economy and thought that the economy would naturally recover on its own. He was also concerned about the potential for increased government spending and debt. Additionally, Hoover believed that direct relief to the unemployed could discourage them from seeking work. He did implement some limited measures, such as creating the Reconstruction Finance Corporation, but these efforts were criticized as being too little and too late.
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 was hoover criticized for during the New Deal?
Hoover felt constrained by the traditional limits of the federal government. Basically, he was criticized for not being more like Roosevelt -- for not proposing more government intervention into the economy and not creating more government jobs and subsides.
Which of the following is true about hoovers political platform?
President Hoover called for a minimal government role in changing the economy.
How did the hoover adminstration attempt to solve the depression's economic problems and how successful were these efforts?
What effort did Hoover make to alleviate the problem caused by the depression
Which fact would you select to support the statement that the majority of Americans blamed President Hoover for the Great Depression?
Hoover himself came to symbolize the failures of the federal government. President Hoover Hoover expanded civil service coverage of Federal positions, and canceled private oil leases on government lands.
