Herbert Hoover And The Great Depression

Hoover should not be blamed for the great depression. Hoover was just in the wrong place at the wrong time. The great depression was a time were a big government was needed. Although Hoover did not belive in a big government he is not responsible for the great depression; because he did not cause the dust bowl, he can not control the stock market. He did not retire babe ruth he did not kidnappe and kill Charles Lindbergh's child.

Compare and contrast Hoover and Roosevelt’s actions in the aftermath of the Crash of 1929. How did both administrations attempt to deal with the economic stagnation, social hardship and psychological impact of the depression? What needed to be fixed and which approach proved more successful? In your essay you should address not only the underlying economic and social problems that both administrations had to deal with and the various corrective measures they adopted, but also the underlying philosophical approaches of Hoover and Roosevelt and their supporters.

The year was 1929. America goes through the biggest national crisis since the American Civil War. They called it the Great Depression. The Stock Market was going down, unemployment was going up, and money was becoming scarce. The United States had to look up to the one person who could lead the country out of this national catastrophe, The President. At this time the man who had that title was none other than Herbert Hoover. Hoover, A republican, hoped that this was all a nightmare, he hoped that the Depression was a small fluke that would fix itself after a short period of time. After seeing that the Depression was getting worse had to

President Herbert Hoover had an interesting approach to the great depression. President Herbert Hoover believed in the idea of charity or self-help. Basically this means that when people came to the white house asking for help since they were in a bad situation from the great depression President Herbert Hoover should not give them that help. President Herbert Hoover believed that if he gave handouts to people or helped people when they were down, he thought people would get dependent on the government to help them when things were going bad then having this mind set would lead to people just not doing anything and just keep getting money from the government for the rest of their lives. President Herbert Hoover believed in charities, instead of the government helping, people need to help one another out, so charities were strongly supported by President Herbert Hoover. Even though President Herbert Hoover believed in self-help and charities he did use the government to help out certain areas of work such as agriculture since lots of farmers at the time were dealing with a

Herbert Hoover was one of the greatest humanitarians of the 20th Century. Throughout WWI he was hailed as an uncommon man liked by many. Hoover became the Secretary of Commerce 1921-1928 and the 31st President of the US. However, he was hated for not having a big enough role in the Great Depression and he was blamed for the increasing the poverty of Americans even though the pieces had already been set. While Hoover did do some things wrong in his time he always had the right meaning and his good intentions weren’t understood. Hoover did the best he could and did more than any other president before him to end the Depression.

In general society, there is a consensus on Hoover more so than nearly any other politician, and that consensus is that he was a “heartless ogre, inept and callous and reactionary, who ‘caused’ a depression then ‘did nothing’ to fix it.” Yet historians tend to take several very different views, describing him as being “like a mariner, starting off on a journey of discovery to bring home rare treasures, who is forced by sudden storms to pour all his energies into just keeping the ship afloat.” Some of their ideas are not contentious, such as that Hoover did not cause the depression. But as to what kind of president he was, and how he handled the depression, there is little agreement. Kennedy, one historian that talks of the era, states that Hoover believed “Government might indeed step in where voluntarism had manifestly failed, but only after a fair trial.” (Kennedy

Herbert Hoover, who was president lost the country’s trust when the stock market went south. At first he thought it would be a temporary drop in the stock market, but he was wrong (“Hayes”). It lasted for a long time and effected all people no matter if they were rich or poor (“Hayes”). Even as more people lost money and lost their jobs still Hoover did nothing about it. Some people ended up living in tents, and soon when there was a whole neighborhood making shelter they called it hoovervilles. Hoovervilles were named after president Hoover because they were poor neighborhood made of boxes (“Hayes”). Hoover thought that if he gave the people help that the government would go into debt. (“Hayes”). At this point people lost all hope and faith in themselves and in the

When the Great Depression started in October of 1929 Hoover wasn't entirely in charge. The economy was going down south. Hoover's reaction at first wasn't much, but when things started to get worse as he took immediate measures.

According to Hofstadter, Hoover held a philosophy that made him unaware of overproduction, while Dr, Kennedy argues that Hoover was an artless politician who failed to solve the economic issues of the nation, further worsening the crisis. Hoover was generally good president and leader. When he entered office, he looked to implement new national policies that would further develop the nation. However, his first actions to help struggling farmers and wage earners ultimately failed. Hoover passed the Agricultural Marketing Act in 1929, creating the Federal Farm Board that would buy agricultural surpluses to decrease prices. Farmers ended up overproducing, and could not make up the money with the Board’s purchases. The Hawley-Smoot Tariff was

President Hoover’s policy was acceptable because even though things turned out rough he tried his best to as president to change it all when he had the chance. He did this by persuading people to think positive, and be confident that the Great Depression would be over soon. Hoover also did his best to change poverty, along with the environment people were living with.

President Herbert Hoover was only 8 months into his presidency when the stock market first crashed in 1929. At first President Hoover viewed the Great Depression as a passing recession. But as time passed, he quickly realized that this was far more devastating than those of earlier. He tried to fix the economy by creating governmental agencies to support labor rights, increase public work support, and stabilize prices in the market. However, his efforts were fruitless and the Depression continued to worsen. Hoover resisted the request to involved the federal government in laying down strict laws concerning prices and currency value, because he believed these actions would move the country towards Socialism (Gilderlehrman).

The great depression was an era of devastation; many people were unemployed in search of jobs mainly in California. The stock market crash of 1929 was not the cause of the great depression, however it was the beginning of it. After the stock market crashed, people began losing their jobs. Credit was a big mistake from the banks, they loaned people money while going broke and using the money others saved. While people were going crazy trying to get their money out of their savings, the bank kept trying to loan from others causing it to crash and burn, closing many banks across the U.S. Hoover, didn’t try as much as he should during his presidency, however he managed to create a cushion for the U.S’ economy. He put tariffs

President Hoover was in office from 1929 to 1933 followed by President Roosevelt, who served from 1933 to 1945. Both presidents served in office during the Great Depression. Moreover, the Great Depression was the deepest and longest-lasting economic downturn in the history of the Western industrialized world. In the United States, the Great Depression began soon after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors. American was in turmoil and Americans turned to the government for support and guidance. Here, the President voiced his philosophy; stating whether or not the Federal Government should facilitate by providing economic relief to the country. Although, the two presidents served in different terms they were faced with the same dilemma and governed under similar conditions. Despite the fact that President Hoover and President Roosevelt had varying philosophies their approaches share many

The economy when he took office seemed to be really strong to be really strong but then it started going downhill. This was the start of the Great Depression and most Americans were blaming Hoover. The depression started eating up America, people were losing their jobs, money, homes, and their lives. People tried starting their lives again with Hoovervilles. They called these Shantytown because people would build there homes out of any scraps that was lying around. Then, the stock market crashed for the first time in history. People who had borrowed money to buy stocks couldn’t repay their loans. Many Americans lost their savings so they were spending less money on products. When people don’t buy the products, the workplaces started going out of business and people were losing their

During the Great Depression and Herbert Hoover’s presidency, the problems of the depression are not being addressed. In the election of 1932, Franklin Roosevelt (Democrat) ran against Hoover and won in a landslide. Roosevelt promised the American people a “New Deal” program to help get out of the depression. His New Deal consisted of three R’s: relief, recovery, and reform. He established fireside chats which were radio broadcasts that informed the people of his New Deal programs. One of Franklin Roosevelt’s new major programs was the Tennessee Valley Authority which was established in 1933 to build dams and power plants along the Tennessee River. Eventually, the unsuccessful New Deal leads to Roosevelt’s Second New Deal which’s purpose was