Comparison Of Hoover And Roosevelt's Contributions To The Great Depression

Herbert Hoover was elected president of the United States on November 19, 1928; unfortunately, less than eight months later, the stock market crashed. Hoover mistakenly considered this crash as only a passing point for America. But it was only three years later when economic slowdown and over speculation brought America into an upcoming Great Depression. This was a devastating blow for Hoover, his administration, and the American people. President Hoover attempted many ways to fix the economy. He founded new government agencies and encouraged cooperation between government and business to try to stabilize prices as well as attempt to balance the budget. These relief attempts might have shown positive outcome in the early years of the depression, but as the economy worsened, calls for more government involvement increased.

Franklin D. Roosevelt’s plan helped make the economy get stable through programs that he started, helping create more jobs for the unemployed. He passed bills that helped both the American people and its environment. For example, new roads and bridges were built. Another one of FDR’S efforts to get out of the depression was to enter WWII. Document 6 shows a cartoon of how much was produced for the war and shows Uncle Sam working, too. Overall, FDR’s decision to enter the war was the greatest impact on the Great Depression because they got out of it. Herbert Hoover was a terrible leader in many Americans’ views because they believed he did not do enough for the people and was more supportive toward big businesses. He gave money to the rich so that they would pass it down to the poor but instead the rich got richer and the poor got poorer. Another downfall of Hoover was Hoovervilles. These were a collection of poor people without homes. The name was given as a disgrace to Hoover. In result, FDR was a more favored president during the Great Depression than Hoover.

The Great Depression, which struck America in the early 1930’s, remains the longest financial depression America has ever seen. When Franklin D. Roosevelt was elected president in 1933, his main goal was very clear, cease The Great Depression. To accomplish this FDR, which was a name for Franklin D. Roosevelt, made his New Deal, which was a group of programs created to fight the depression. Some programs in the New Deal included the Civilian Conservation Corps, the Agriculture Adjustment Administration, the National Industrial Recovery Act, the Federal Deposit Insurance Corp, and the Works Progress Administration. All these programs were intended to help American citizens but many were later declared unconstitutional. FDR’s New Deal was a failure

President Herbert Hoover was the president in office during the Great Depression. Herbert Hoover did not recognize the stock market crash as severe as it was. During the tragedy President Herbert Hoover made many unsuccessful attempts to fix the economy. President Hoover’s response to the Great Depression was insufficient in the ways that he took little to no government action. President Hoover loaned money to corporations and state businesses, at the same he advised corporations to not cut wages or lower the production rate, considering that it was highly necessary. Franklin Delano Roosevelt had a plan set that would throw Hoover out of office and to fix the economy, which Hoover had limited

One of the most severe worldwide economic downturns in history is known as the great depression. Numerous amount of issues and problems were taken place between the years of 1929-1939. The great depression brought a rapid rise in unemployment, bank failure, and much more. Despite the wide range of issues, Franklin D Roosevelt was actually concerned about the depression. Roosevelt's response to the great depression was very effective because he had launched the new deal, due to the uprising problems and issues of the great depression.

To Franklin Delano Roosevelt, Herbert Hoover had been unwilling to deal with the crisis, the Great Depression, and failed to provide a solution. But these failings gave Roosevelt his chance to take action. He came up with new and bold ideas that was exactly what the country needed after the years of inaction by Hoover. For example, when the Stock Market had crashed in 1929, unlike Hoover, FDR recognized the flaws in it straightaway, the flaws that had allowed for the bank failings and the overall crash. And then immediately proposed ideas to do what was possible for a fix.

Also Hoover would not, under any circumstances, allow America to be in debt. He thought that taping into the national debt would prolong the depression even make it worse since the government would have to pay interest on the loans. Hoover was a man set on his ways and helped very little with the Depression.

The starting of WWII gave people work. The U.S. needed warfare materials so the factories opened up and people were hired to work. Therefore helping us get out of the depression. Herbert Hoover was the 31st president who was trying to get the U.S. out of the depression. He believed that the government should not help the people but charities should. The problem with that was no one was donating to the charities because no one had anything to give or donate. Hoover used trickle down economics. Which meant he would help the businesses first and then it would eventually lead to the people, his idea was a long term plan and they needed a short term plan to help the people. Herbert Hoover believed helping the businesses would improve the economy. His plan did not

Contrarily before the Depression, there were signs that pointed to President Herbert Hoover becoming more conservative. Document A suggests that Herbert Hoover didn't want' do be considered strictly laissez-faire. Document A proposes that Herbert Hoover wanted to liberalism to be found not " in striving to spread bureaucracy but striving to set its bounds, " but also wanted The United States to know that, " he doesn't want to be misinterpreted as believing that the Untied States ins a free for all, or system of laissez-faire." Hoover appeared as if he was less determined to preserve the capitalistic society of the 1920's seeing that he argued that capitalism also has social obligations. However, the success of the American economy under presidents Hading and Coolidge who believed in private interest beliefs required him to make sure that the lack of intervention in the economy would be maintained. Also Hoover began to sense of the public disapproval and transformation of the working masses and public views. The public mass began to start looking favorably on restriction of unfair business practices. This transformation of the public opinion gave president Hoover trouble since he wasn't completely dedicated to the private interest or public purpose.

Roosevelt responding to the problem by coming up with the new deal. Roosevelt was hoping he can help the nation with the three R's. Relief, Reform, Recovery. His new deal was effective by relief and reform, the nation didnt totally make a recovery so it was ineffective on his part there. Some of his responses were "federal government will provide monthly checks to those 65 and over."(Doc E) "Encouages people to apply for social security number."(Doc E) Roosevelt also had the "New Deal". The new deal changed the roles of the government. For instances "New deal created many new federal agencies and a more efficient executive branch."(Doc H) Mr.Roosevelt help expand the federal

From 1928-1945 America had two Presidents that had one of the hardest challenges that America faced, The Depression. The names of these two Presidents was Herbert Hoover and Franklin Roosevelt. One was blamed for the depression and the other one got America out of the depression.

In response to the Stock Market Crash of 1929 and the Great Depression, Franklin D. Roosevelt was ready for action unlike the previous President, Hubert Hoover. Hoover allowed the country to fall into a complete state of depression with his small concern of the major economic problems occurring. FDR began to show major and immediate improvements, with his outstanding actions during the First Hundred Days. He declared the bank holiday as well as setting up the New Deal policy. Hoover on the other hand; allowed the U.S. to slide right into the depression, giving Americans the power to blame him. Although he tried his best to improve the economy’s status during the

There were several factors that played a major role in the Great Depression. The main explanation was overproduction of both farm and factory and the unequal distribution of wealth throughout the 1920s. The excessive speculation in the 1920s kept the stock market at a deceitful high, and came crashing down in 1929. Over extended credit at

He was not a believer in the federal government having a more direct influence on market prices or the control of businesses. Because of this he rejected proposals to manipulate the value of currency, viewing such strategies as socialist. What he did believe, however, was that it was possible for the economy to improve without the interfering in American individualism. His view of “Rugged Individualism” caused him to reject direct aid to citizens. Hoover’s handling of the Great Depression caused disdain amongst most Americans, and in the presidential election of 1933, he lost the race to Franklin Roosevelt, who promised to make serious changes in the first 100 days. President Roosevelt’s “New Deal” policy involved relief, recovery, and reform. His polices were intended to take immediate action to halt the economies’ deterioration, to create temporary programs to restart the flow of consumer demand, and to make permanent progress towards ensuring the citizens against future economic disaster. One of his points of focus was the farmers. In one of his famous Fireside Chats on September 6 of 1936, he addressed his remedy for their woes. “We are going to conserve soil, conserve water and conserve life. We are going to have long-time

With the public work programs, Hoover provided unemployed Americans with many different jobs in order to create some sort of income. The most famous of these programs was the Boulder Dam, which will be talked about later. Throughout the entire depression, Hoover stood on his belief of a hands-off government until late in his presidency. Under pressure from Americans and his fellow politicians, President Hoover eventually gave in and signed an act granting money and/or food to areas in dire need. That was the extent of his direct relief.