How Did Presidents Hoover And Roosevelt Deal With The Great Depression

Research Question: Did Hoover as a president accomplished anything to save American’s economy during The Great Depression? Research Paper Jamie Tieliang Yang US History Period 6 April 9 2015 Ms. Hilaman Windermere Preparatory School Word Count – 1454 Table of Contents Page A. Plan of Investigation…………………………………………………..

Herbert Hoover became the U.S president in the 1928 election and in 1929 stocks began to drop. Before he became president he was known for his organizational skill in the 1927 flood relief. Also Hoover made the committees to solve the problems but did not like to run them; he expected someone else to run it. In addition when it came to government spending Hoover was for engineering project but not humanitarian assistants. Hoover believed in limited government and it was that believe that make the depression worse.

Comparing the Presidents of the 1930s Two president going neck to neck trying to end the Great Depression, only the best would come up with the solution. Herbert Hoover and Franklin Delanor Roosevelt were the two presidents during the 1930s. The two presidents and their lifestyles seem to be the exact opposites to many. Both men were presidents during one of the most difficult times in American History, the Great Depression. Both doing everything that they thought was necessary during the time, one being a lot more successful than the other.

Herbert Hoover was born on August 10, 1874 in West Branch, Iowa (Leuchtenburg, 3). He was an orphan at a early age (Leuchtenburg, 3). Herbert’s dad died when he was 6 years old and his world began to crash around him (Leuchtenburg, 6). He became a part time office boy by dropping out of school (Leuchtenburg, 8). In his early life, he rejected laissez faire and he spent much of his career on solving national problems (Horwitz, 21).

During President Hoover's term, the Great Depression began. Before the Depression, Hoover had been sending rations overseas to Europe. This was called the American Food Administration, and benefited the millions of starving people in Europe (Document A). After the stock market crashed, President Hoover become distant, and did not want the federal government's involvement in the matter. Hoover believed that a better solution would be to let local governments and private institutes should be the organizations that helped the people who were struggling.

With the crash of the stock market, the booming times of the 1920s came to a sad end. The crash and its aftermath revealed major flaws in the American economy. These flaws helped transform a stock market crisis into the Great Depression. Herbert Hoover was the president of the United States at the time of this devastation. Hoover had served in the administrations of both Warren G. Harding and Calvin Coolidge.

Herbert C. Hoover Caleb O. Lindberg U.S. History April 12, 2018 For the Modern U.S. Presidents Project I chose Herbert Hoover, America's thirty-first president (1929- 1933). President Hoover achieved international success as a mining engineer and widely known as “The Great Humanitarian,” according to Whitehouse.gov. Herbert Hoover was a great president and accomplished many great things through his life. Early life: Herbert Hoover was born in August 10, 1874 in an Iowa village.

As unemployment increased and the Great Depression continued, President Hoover called a conference to try and find a solution to the economic crisis. He told business leaders not to lower the wages, but at the same time they did lower the wages which forced their businesses to close down and unemployment to persist. President Hoover also tried to help farmers and the businesses. In the past, the government of President Hoover was known to hold onto people’s money; however; at his urging congress provided resources to help the

The wealth during the 1920s left Americans unprepared for the economic depression they would face in the 1930s. The Great Depression occurred because of overproduction by farmers and factories, consumption of goods decreased, uneven distribution of wealth, and overexpansion of credit. Hoover was president when the depression first began, and he maintained the government’s laissez-faire attitude in the economy. However, after the election of FDR in 1932, his many alphabet soup programs in his first one hundred days in office addressed the nation’s need for change.

 Hoover is often blamed for not doing anything to end the Great Depression, but he actually did try to use the government to create infrastructure projects, thus creating jobs. Like the Hoover Dam and the Reconstruction Finance Corporation to try to end the Depression. There are two major differences between their approaches.  One is that President Roosevelt was willing to do more than President Hoover to combat the Great Depression.  Roosevelt was willing to let the government become more involved in the economy.

President Herbert Hoover made efforts to try to fix the great depression. Many people disliked him as a president and complained he didn’t even care. However he at least tired to help people recover from the great depression. Some policies he created were the Hoover Moratorium, the Federal Home Loan Bank Act of 1932, and the Great New Deal. Hoover created the Hoover Moratorium to end the war debts however it didn’t help with the economic crisis.

The Great Depression was a time during 1929 to 1939, It was the longest lasting economic disaster. The two presidents in term during this crisis, Franklin D. Roosevelt and Herbert Hoover, approached this problem in different ways. Hoover’s idea on this was to have private citizens help each others, while Roosevelt believed the government should take care of its people with social programs. Looking at these ideas in more depth we can infer ways our country should go. Herbert Hoover served as president during 1929 to 1933.

In 1933, Franklin D. Roosevelt became the president of the United State after President Herbert Hoover. The Great Depression was also at its height because President Hoover believed that the crash was just the temporary recession that people must pass through, and he refused to drag the federal government in stabilizing prices, controlling business and fixing the currency. Many experts, including Hoover, thought that there was no need for federal government intervention. ("Herbert Hoover on) As a result, when the time came for Roosevelt’s Presidency, the public had already been suffering for a long time.

FDR introduced a record number of pieces of legislation immediately after being elected during Great Depression. FDR signed the Emergency Banking Act and the Glass-Steagall Act which prohibited the merger of commercial and investment banks in response to the 1933 bank panic. FDR also created the Civilian Conservation Corps which put 250,000 unemployed to work. FDR also signed into law new regulatory powers to the Federal Trade Commission and created the Security and Exchange Commission to regulate Wall Street. $3.3 billion dollars was appropriated to the Public Works Administration to stimulate the economy and create the largest government-owned industrial enterprise in American history -- the Tennessee Valley Authority which built dams and power stations, controlled floods, and modernized agriculture and home conditions in the poverty-stricken Tennessee Valley.

President Hoover thought the government should take responsibility for this depression (De Long, 1998). This was when it surfaced to curb inflation and help the unemployment status with the use of tax control. By doing this, increased taxation had a positive effect on the economy. Using funds directly where needed helps target the problem.