President Herbert Hoover blamed multiple factors for the Great Depression:
1. **World War I**: The aftermath of World War I and its economic impact played a significant role in the onset of the Great Depression. The war had caused massive disruptions to economies worldwide, leading to a fragile global economic situation.
2. **The Treaty of Versailles**: The Treaty of Versailles, which officially ended World War I, imposed heavy reparations and economic burdens on Germany. This added to the economic instability in Europe and had long-lasting repercussions on the global economy.
3. **The League of Nations**: President Hoover also criticized the League of Nations for its inability to prevent or effectively address economic crises, contributing to the spread of the Great Depression across different countries.
4. **Nazi Germany**: While Nazi Germany emerged after the Great Depression had already begun, its aggressive policies and militarization efforts under Adolf Hitler further destabilized the already fragile economic conditions in Europe, exacerbating the impact of the Great Depression.
In summary, President Herbert Hoover attributed the causes of the Great Depression to a combination of factors, including the aftermath of World War I, the economic provisions of the Treaty of Versailles, the ineffective response of the League of Nations, and the actions of Nazi Germany.
