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The Hoover Moratorium was a temporary suspension of war debt payments proposed by U.S. President Herbert Hoover in June 1931 during the Great Depression. It aimed to alleviate the financial burdens on European nations struggling to pay reparations and war debts from World War I. Although the moratorium was intended to stabilize the global economy, it faced criticism and was only a short-term solution, ultimately leading to further economic difficulties in Europe. The proposal highlighted the interconnectedness of international finance and the challenges of economic recovery during that period.
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What statement is the correct description of the hoover moratorium?
It ended the payment of war debts for one year.
What was established first hoover moratorium or agricultural marketing act or smoot-hawley tariff or Kellogg-briand act?
kellogg-briand act
What was the effect of Hoover's moratorium on wartime debt and reparation payments?
It allowed for European countries to restructure their debt and recieve additinal support from Asia.
What is a sentence for moratorium?
Moratorium is a preformance with a duty.
What part of speech is moratorium?
Moratorium is a noun.
How did President Hoover try to fix the problems of the great depression?
He supported business
Sentence for moratorium?
The manufacturer placed a moratorium on producing toys made with PVC. In the sentence moratorium refers to prohibiting activity in the business.
What is a moratorium on real estate?
It means you can't build in the area of the moratorium.
When was Texas Moratorium Network created?
Texas Moratorium Network was created in 2000.
When was Muzai Moratorium created?
Muzai Moratorium was created on 1999-02-24.
What is the Tagalog of moratorium?
Tagalog of moratorium: pag-aantala o pagpapatagal nang kahit anong gawin
Did President Hoover try to fix the problems of the Great Depression?
Some of President Hoover's responses are:Instituted the Mexican Repatriation programInstituted the Smoot-Hawley Tariff which raised the tariff on thousands of imported itemsInstituted the Hoover Moratorium which called for a one-year halt in both reparation payments by Germany to France and the repayment of Allied War debts to the United States.Supported the National Credit Corporation
