Herbert Hoover turned to business to assure that business kept manufacturing and paid their workers but industrialists cut production because the economy could not buy much. Congress passed acts to assure that agriculture stayed productive but those failed too. Hoover tried to pump money into the big business so that banks and corporations would not fail and ultimately help the poor. This theory was known as trickle-down economics which means if you pump money into the top in the long run the people at the bottom will benefit.
The Great Depression left large numbers of Americans without jobs or food.
WPA posters had a significant impact on American society during the Great Depression by promoting government programs, providing employment for artists, and raising awareness about social issues. These posters helped to inspire hope, unity, and a sense of national pride during a time of economic hardship.
It help very much.
False
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Great Depression
Great Depression
The Great Depression left large numbers of Americans without jobs or food.
permanently ended the Great Depression
Montesquieu
WPA posters had a significant impact on American society during the Great Depression by promoting government programs, providing employment for artists, and raising awareness about social issues. These posters helped to inspire hope, unity, and a sense of national pride during a time of economic hardship.
The Great Depression
The Great Depression was an important event for the USA and the World. In Europe, the Great Depression led to Hitler and the Nazi party and WWII. In the USA, the Great Depression led to FDR and a change in the way the American people regard their government and the way the American government treats the American people.
It help very much.
During the great depression
False
The American Great Depression had a significant impact on the entire world, much as the recent recession had severe impact on the global economy. Asian's were arriving in the US via California in search of jobs and money. As the railroad finished and the Great Depression began, this hurt Asian immigrants who would send money back home. This also decreased imports overall in the US and Asia has always been a large exporter.