How did President Hoover respond to the stock market crash of 1929 and the subsequent depression? What was the?
April 3rd, 2009 | by Michael |
cellmass89 asked:
How did President Hoover respond to the stock market crash of 1929 and the subsequent depression? What was the impact of his approach? What was the human toll of the Great Depression?
CAMERON
How did President Hoover respond to the stock market crash of 1929 and the subsequent depression? What was the impact of his approach? What was the human toll of the Great Depression?
CAMERON
2 Responses to “How did President Hoover respond to the stock market crash of 1929 and the subsequent depression? What was the?”
By cripiton on Apr 7, 2009 | Reply
He said the econ was fundamentally strong. The the Fed raised interest rates. Then the rest is history.
By Bub0 on Apr 10, 2009 | Reply
President Hoover actually did very little during the time. He believed eventually the economy would eventually fix itself. The great depression never started in America. It was already bad throughout the world. However, back to your question. If you really want a human toll you’d have to include WWII because the great depression was the driving force fascistshe facisits.