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Where did Herbert Hoover believe economic growth come from?

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When did Al smith lose an election to Herbert Hoover?

Al Smith lost the presidential election to Herbert Hoover on November 6, 1928. Smith, the Democratic candidate and the first Roman Catholic to be nominated for president by a major party, faced Hoover, the Republican candidate, who won decisively. Hoover's campaign focused on prosperity and continued economic growth, which resonated with voters during that time. Smith's loss was significant in shaping the political landscape of the era.


When Herbert Hoover moved into the White House in 1929 the US what was economy marked by as?

When Herbert Hoover moved into the White House in 1929, the US economy was marked by a period of economic prosperity known as the "Roaring Twenties." The stock market was experiencing a period of rapid growth, and consumer spending and industrial production were high. However, this period of prosperity was followed by the Great Depression, which began shortly after Hoover took office.


What did presidential candidate Herbert Hoover predict for the 1930?

Presidential candidate Herbert Hoover, during his campaign in 1928, predicted that the United States was on the brink of a new era of prosperity, emphasizing the nation’s economic strength and resilience. He believed that advancements in technology and industry would lead to continued growth and improved living standards for all Americans. However, this optimistic outlook would soon be challenged by the onset of the Great Depression in 1929, which starkly contrasted his predictions.


What was a major difference between the philosophy of President Herbert Hoover and that of President Franklin Roosevelt concerning solutions to the depression was that President believed in?

A major difference between the philosophies of President Herbert Hoover and President Franklin Roosevelt regarding solutions to the Great Depression was that Hoover believed in limited government intervention and relied on voluntary measures and individual initiative to stimulate recovery. In contrast, Roosevelt advocated for a more active role of the federal government in the economy, implementing a series of programs and reforms known as the New Deal to provide direct relief, create jobs, and stimulate economic growth. This fundamental shift reflected differing views on the role of government in addressing economic crises.


What is herbert c hoover biggest contributions to American society?

Herbert C. Hoover's biggest contributions to American society include his efforts to promote economic growth and innovation through his advocacy for limited government intervention and support for volunteerism. He played a key role in shaping modern agricultural policies and conservation efforts, and also oversaw relief efforts during World War I and the Great Depression as the 31st President of the United States. Despite facing criticism for his handling of the Great Depression, Hoover's initiatives and policies left a lasting impact on American society.


What contributed to hoovers landslide victory in the 1928 election?

Herbert Hoover's landslide victory in the 1928 election can be attributed to several key factors. His reputation as a successful businessman and humanitarian, particularly for his work in relief efforts during World War I, resonated with voters seeking stability and prosperity. The strong economic growth of the 1920s, often referred to as the "Roaring Twenties," also played a significant role, as many Americans associated Hoover with continued economic success. Additionally, the Democratic Party was divided, and their candidate, Al Smith, faced prejudice as the first Catholic nominee, which further bolstered Hoover's appeal.


Some conservatives believe that a large central government?

Harms economic growth *Gradpoint*


Did many Americans believe that the us needed to expand its power overseas to ensure economic growth?

Many Americans did in fact believe that the US needed to expand its power overseas to ensure economic growth. Others believed that this would not help.


What were the outcomes of the 1928 election?

1928 U.S. Presidential Election Results:266 votes (50.09%) - minimum required444 votes (83.62%) - Commerce Sec. Herbert Hoover (R-CA)87 votes (16.38%) - Gov. Al Smith (D-NY)


What Harding's cabinet members worked to achieve advancements specifically for businesses?

President Warren G. Harding's cabinet members, particularly Secretary of Commerce Herbert Hoover and Secretary of the Treasury Andrew Mellon, focused on advancing business interests during his administration. Hoover promoted policies that encouraged cooperation between government and industry, advocating for economic efficiency and support for big businesses. Mellon implemented tax cuts for corporations and wealthy individuals, aiming to stimulate investment and economic growth. Together, they sought to create a favorable environment for businesses, which contributed to the economic expansion of the 1920s.


Are there types of economic growth?

Types of economic growth: There are two types of economic growth: 1.Balanced Economic Growth 2.Un-balanced Economic Growth 1.Balanced Economic Growth: All the economic sectors are growing at same ratio or percentage,this growth is known as balanced economic growth. 2.Un-balanced Economic Growth: When some sectors of the economy are growing faster than others,and their rate of growth is different to each other,this growth is known as un-balanced economic growth.