12. Hoover's solution/s to the Great Depression:|

Answers

Answer 1

The 1920s were a period of optimism and prosperity – for some Americans.  When Herbert Hoover became President in 1929, the stock market was climbing to unprecedented levels, and some investors were taking advantage of low interest rates to buy stocks on credit, pushing prices even higher.  In October, 1929, the bubble burst, and in less than a week, the market dropped by almost half of its recent record highs.  Billions of dollars were lost, and thousands of investors were ruined.

After the stock market crash, President Hoover sought to prevent panic from spreading throughout the economy.  In November, he summoned business leaders to the White House and secured promises from them to maintain wages.  According to Hoover’s economic theory, financial losses should affect profits, not employment, thus maintaining consumer spending and shortening the downturn.  Hoover received commitments from private industry to spend $1.8 billion for new construction and repairs to be started in 1930, to stimulate employment.

The President ordered federal departments to speed up their construction projects and asked all governors to expand public works projects in their states. He asked Congress for a $160 million tax cut while doubling spending for public buildings, dams, highways, and harbors.

1930

Praise for the President’s intervention was widespread;  the New York Times commented, “No one in his place could have done more. Very few of his predecessors could have done as much.”  Together, government and business spent more in the first half of 1930 than in the entire previous year. Still consumers cut back their spending, which forced many businesses and manufacturers to reduce their output and lay off their workers.

In October 1930, with unemployment rising, Hoover created the President’s Emergency Committee for Employment (PECE) to coordinate state and local relief programs, and to develop methods for increasing employment in the private sector.  But with no direct control of funding for relief or jobs, PECE had only limited success.

As the Depression worsened, Hoover requested that the Federal Reserve increase credit, and he persuaded Congress to transfer agricultural surpluses from the Federal Farm Board to the Red Cross for distribution to relief agencies. Hoover asked Congress for even more spending on public works, and he continued to encourage states and private businesses to generate new jobs.


Related Questions

SOMEONE PLEASE HELP ME I WILL MAKE YOU THE BRAINLIEST AND GIVE YOU A GREAT RATE!!!!!!! JUST PLEASE ANSWER THIS CORRECTLY ASAPPPP!!!!!!!!!!!!!!!!!!!!

Answers

Answer:

D

Explanation:

The Zimmermann Telegram was a secret diplomatic communication issued from the German Foreign Office in January 1917 that proposed a military alliance between Germany and Mexico. If the United States entered World War I against Germany, Mexico would recover Texas, Arizona, and New Mexico

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Answers

Answer:

its the one you chose

Explanation:

The Road to Civil War Question 4 of 10 Which candidate in the presidential election of 1860 was not on the ballot in most Southern States?

O A. John C. Breckenridge

B. Stephen Douglas

O C. Abraham Lincoln

O D. John Bell SUBMIT​

Answers

The answer is C. Abraham Lincoln

Why did Hobbes believe that the best form of government had a king?

Answers

Answer:

Hobbes referred to the government like the Leviathan, a powerful state created to impose order. ... He believed the best form of government had a king and a sovereign because placing more power in the hands of a king would mean more resolute and consistent exercise of political authority.

When something comes forth, it:

1. Rotates
2. Emigrates
3. Emerges
4. Evolves

ANSWER ASAP! WILL GIVE BRAINLIEST <3

Answers

Answer:

it would emerge

Explanation:

To move forward and into view, to emerge, to appear.

Answer: When something comes forth it Emerge

Emerge means conbine

Explanation:

The power of federal laws to supersede any state laws that conflict with them is established by which clause listed below found in the U.S. constitution, in Article Six, Clause 2?

Select one:
A. Necessary and Proper Clause
B. Supremacy Clause
C. Choice of Law Clause
D. Commerce Clause

Answers

B. Supremacy clause

The three parts system of the US government allows for system of checks and balances. True or false?

Answers

True because not one branch has significant advantage over the other.

Answer:

Explanation:

true But neither of the three have more power than the other. ( please give BRAINLIEST)

The Articles of Confederation established a representative government. Which answer best explains how it worked? (5 points) a Every state had an equal vote in Congress. b Small states had one vote in Congress; large states had two votes. c The number of representatives was based on the state's population. d The number of representatives was based on the physical size of the state.

Answers

Answer:

a

Explanation:

Answer:

I'm pretty sure it's A)

Explanation:

Every state had an equal vote (1 vote) under the Articles of Confederation

Hope this works (I'm taking the test rn too, I'll change it if it's wrong)

Edit: It was right!

The above map shows where certain immigrant groups settled in the American colonies. Based on the map, which regions would most likely be areas where slavery was taking place? A. areas shown in red B. areas shown in blue C. areas shown in yellow D. areas shown in green Please select the best answer from the choices provided A B C D

Answers

Answer:

A

Explanation:

just took the test

Based on the area that is settled by the immigrant groups, the most likely place that slavery was taking place is A. Areas in red.

Which areas had more slavery?

The Southern region of the United States had more slavery than other parts of the nation and took pride in this.

As a result, most African Americans were found in the South because they were brought there to be enslaved. These are the areas shaded red.

Find out more on slavery at https://brainly.com/question/585565.

#SPJ2

What opinion did the United States government have towards Native Americans during the Manifest Destiny era? Name two examples of poor treatment of Native Americans at the hands of the U.S. Government.

Answers

Answer:

Poor treatment of Native Americans

Explanation:

The United States government treatment towards the Native Americans during the Manifest Destiny was poor. The idea of Manifest Destiny was to let settlers spread across America. Design to remove or destroy the native population and their culture in America. Americans drove towards westward to get access to land across entire America. The removal of American Indians from their native homelands began under Manifest Destiny.

Who traded with the Haida Indians and recorded facts about their culture?
Eliza
Pérez
Quimper
Drake
HURRYYYY

Answers

Based off of personal knowledge I believe it was Pérez

What did the Selective Service Act authorize the government to do?

A. choose government workers according to scores they received on an entrance test
B. draft men to serve in the military
C. recruit volunteers to assist with labor shortages
D. require new federal employees to obtain security clearances

Answers

The answer is --> **B. draft men to serve in the military**

The Selective Service act is to select men to expand the military, which is also just drafting them into service for it.

Which of the following is a benefit of natural borders?
World geo
Pic

Answers

Answer:

D

Explanation:

A natural border is a border between states or their subdivisions which is concomitant with natural formations such as rivers or mountain ranges. The "doctrine of natural boundaries"

Have a good day!

please help me with this question!!

Answers

Answer:

In 1-2 sentences, identify the historical context of this excerpt.

In 2-3 sentences, describe how this excerpt reflects the influence of foreign events on the spread of revolutionary sentiment in the colonies.

both are explained below in detail.

Explanation:

According to James R. Ferguson, The four papers that Otis composed during 1764-65 showed differences and even intelligent confusion. Otis was the first chief of the period in the evolution of the traditional beliefs of the constitution and representation, but was based on the conventional prospects of the parliamentary government.

After studying this passage we can understand that it relates to the colonial authority operated by his supremacy over his colonies. We also see that it exhibits which were the powerful colonies of the time and titles them suggesting to Great Britain and France.

The victory of Athens over Persia at Marathon was surprising because
O A Athens did not value military strength
B. Persia was a much larger power than Athens
C Sparta had recently defeated Athens.
D. the people of Marathon sided with the Persians.

Answers

B. Persia was a much larger power than Athens

HELP ME ,PLS

Which two countries were the dominant colonizers (conquerors) in Latin America?

a
France and Britain
b
Spain and Portugal
c
Spain and France
d
Portugal and France

Answers

Answer:

D

Explanation:

Latin America came to fruition in the 1500's after European "discovery" of the New

World. Countries such as Spain, France and Portugal colonized the region. Although

most of Latin America was colonized by Spain, the countries of Portugal and France

Portugal and Francealso had major influences on the region.

Applying Main Ideas The first Native Americans forced to move into Indian territory were the ________.
a. Sauk from Illinois.
b. Choctaw from Mississippi.
c. Creek from Alabama.
d. Chickasaw from Georgia.

Answers

Answer:

Choctaw from Mississippi

Explanation:

Choctaw from Mississippi!!

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Answers

Answer: I'm pretty sure its to encourage migration so a.

Explanation:

Winter Break 2020 was one of the worst ______________ Winter Break I have ever experienced. GIVE ME A SENTENCE

Answers

Answer:

Winter Break 2020 was one of the worst and devastating Winter Break I ever experienced.

plz help asap

What was one effect of the renewed use of the Silk Road between Europe and Asia?

O Renewed use of the Silk Road resulted in the loss of port cities.

O The Mongolian Empire used its wealth and power to expand into Africa.

O Goods and ideas were able to spread quickly along these trading routes.

O Renewed use of the Silk Road resulted in less trade between Europe and Asia.​

Answers

C goods and ideas were able to spread ...

Answer:

i think is C

Explanation:

ILL GIVE BRAINLY THING

The Seven Years War was a war between


France and Native Americans


Spain and Britain


France and Spain


France and Britain

Answers

the war was france and britain

franch and britian

Explanation:

did the u.s pursue the policy of isolation during the cold war​

Answers

Containment was a United States policy using numerous strategies to prevent the spread of communism abroad. A component of the Cold War, this policy was a response to a series of moves by the Soviet Union to enlarge its communist sphere of influence in Eastern Europe, China, Korea, and Vietnam.

Which statement best describes this diagram

Answers

What diagram and I cannot see any statements ?

Which important principle of the U.S. government is reflected in the
diagram?
Laws in the United States
The legislative
branch passes
laws.
The executive
branch enforces
laws.
The judicial
branch interprets
laws.
Separation of powers
Federalism
Individual rights
O Popular sovereignty​

Answers

Show the diagram ??!

The Fourth Amendment to the U.S. Constitution specifically addressed the colonists
grievance that
A. they had been forced to house soldiers
B. they had been subject to trials without a jury
C. their homes had been searched without warrants
D. the King had not respected their religious freedom

Answers

Answer:

your answer would be (C) as it is also a part of the bill of rights

Why do you think Cromwell took the New Model
Army to Ireland?

Answers

The New Model Army was created in February 1645 by Parliament as it felt that a professional army would be more successful against the king's army. ... Cromwell had already made his mark at the Battle of Marston Moor where his cavalry had done a lot of damage to the king's army.

By what year had most of the land in the West been settled?​

Answers

Answer:

1862 American put in a claim for 160 free acres of land

One of the deciding battles of the French and Indian War was the capture of Quebec by General:
a) Montcalm
b) Braddock
c) Washington
d) Wolfe
which one?

Answers

Answer: braddock

Explanation:

Which culture is best known for spreading civilized ideas to other lands? Phoenicians Hebrews Babylonians Egyptians

Answers

Answer:

Phoenicians

Hopes this works  :)

What conclusion can you draw about Cyrus’s style of government after reading the passage? He ruled by fear and forced his people to bend to his will. He believed in taking care of his people and respecting their culture He ordered all Babylonians to worship Marduk so the god would bless him. He felt the best way to rule was by making an alliance with Sumer and Akkad.

Answers

Answer: B

Explanation:

just took the test on Edg

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