Question 4:

Which statement best characterizes President Hoover's response to the Great Depression?

A. He believed the economy would recover and delayed direct intervention by the federal government.
B. He urged Congress to pass banking reform laws and reduce the regulation of businesses to strengthen the economy.
C. He immediately created government programs to provide relief directly to the American people.
D. He supported lowering tariffs and demanded European countries repay their World War I debts to stabilize businesses and banks.

Question

12-07-2024
History

Answered

Question 4:

Which statement best characterizes President Hoover's response to the Great Depression?

A. He believed the economy would recover and delayed direct intervention by the federal government.
B. He urged Congress to pass banking reform laws and reduce the regulation of businesses to strengthen the economy.
C. He immediately created government programs to provide relief directly to the American people.
D. He supported lowering tariffs and demanded European countries repay their World War I debts to stabilize businesses and banks.

Answer :

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GinnyAnswer GinnyAnswer · Answer 1 · 2024-07-12T15:49:10-04:00

Final answer:

President Hoover's response to the Great Depression focused on individualism and delayed direct government intervention, leading to limited effectiveness in addressing the crisis.

Explanation:

President Hoover's response to the Great Depression:

Hoover believed the economy would recover and delayed direct government intervention, focusing on individualism.
He expanded public works programs, proposed tax cuts, and created the Reconstruction Finance Corporation to provide loans to businesses.
This approach failed to address the immediate social consequences of the Great Depression.

Learn more about President Hoover's response to the Great Depression here:

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