answersLogoWhite

0

President Herbert Hoover initially believed that the Stock Market crash of 1929 was a temporary setback and that the economy would soon recover. He emphasized voluntary cooperation among businesses to maintain wages and employment, rather than implementing direct government intervention. However, as the Great Depression deepened, his responses were increasingly viewed as inadequate and ineffective, leading to widespread criticism of his administration's handling of the crisis.

User Avatar

AnswerBot

1d ago

What else can I help you with?

Related Questions

Who was the president during the crash of the great depression?

Herbert Hoover was the president when the stock market crash of October 24,1929 occurred.


Who was president at the time of the stock market crash?

The answer is Herbert hoover


Who was the president when the great depression began?

Herbert Hoover was the president when the great crash hit Wall Street in 1929.


Who is the president during the 1929 crash of the stock market was?

President Herbert C. Hoover served from 1929 to 1933.


The president during the 1929 crash stock market was?

Herbert Hoover was president of the United States during the stock market crash of 1929.


Who was the president during the market crash of 1929?

= Herbert Hoover = The crash occured eight months into his term of office.


What president was during 1929 crash of stock market?

Herbert Hoover was president during the 1929 stock market crash. He succeeded Calvin Coolidge in March of that year.


Was Herbert H oover president at the time that the stock market crashed?

Hoover was president during the great crash of October, 1929.


Who was president during stock market crash that led to the great depression?

Herbert Hoover was President of the United States when the Stock Market Crashed in 1929.


Who was president of the us in the beginning of the great depression?

Herbert Hoover had been President for 8 months when the 1929 Stock Market crash started the Great Depression.


Who was the president durning the great depession?

Herbert Hoover was president from 1929 to 1933. He took office March 4, 1929, just months before the stock market crash in October 1929.


President Herbert Hoover's response to the 1929 Stock Market crash and President Jimmy Carter's response to the 1979 Iran hostage situation are both examples of a presidents failure as?

Leadership