Want this question answered?
Capitalism
At one time, a lot of people blamed Herbert Hoover. Many people today blame the Federal Reserve. Other people and organizations have been blamed, including banks, industrialists, and investors. The actual reasons are probably too complex to blame an individual or single group of people. There is a link below to an article on the Great Depression, opening to the section on causes.
Herbert Hoover was blamed by the Americans for the economic hard times that developed in the 1930s.
Much of the blame for the Depression was placed unfairly on President Hoover. President Calvin Coolidge was to blame for part of the Depression.
Yes he was to blame and things like "Hooverville" are testament to how the public blamed him.
Herbert Hoover
Herbert Hoover
no because he tried his hardest to end depression
Capitalism
Herbert Hoover was NOT a horrible president. Some people blame him for the great depression, but he did not cause it. He just happened to be in office when it happened. He took steps to improve the economy, but they took time to produce an improvement and the people voted him out in favor of someone who told them he would make American great again.
At one time, a lot of people blamed Herbert Hoover. Many people today blame the Federal Reserve. Other people and organizations have been blamed, including banks, industrialists, and investors. The actual reasons are probably too complex to blame an individual or single group of people. There is a link below to an article on the Great Depression, opening to the section on causes.
Herbert Hoover was blamed by the Americans for the economic hard times that developed in the 1930s.
Hoovervills were the names given to 'shanty towns' in the 1920s, they were often found in the centre of cities and they were called Hoovervills because it was president Hoover that was to blame for them.
Much of the blame for the Depression was placed unfairly on President Hoover. President Calvin Coolidge was to blame for part of the Depression.
Germany
Yes he was to blame and things like "Hooverville" are testament to how the public blamed him.
Hoovervilles (also called shantytowns) were camps built by families during the Great Depression in the 1930s who were unfortunate enough to not be able to pay their mortgages anymore. They were built in open spaces using tin, cardboard, tar paper, glass, composition roofing, canvas, and other materials. The Americans named these towns after President Herbert Hoover because many citizens blamed him for the Great Depression, the downfall of the economic stability and lack of government help.