1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
neonofarm [45]
3 years ago
9

Which quotation sums up Herbert Hoover’s view of the Great Depression in 1933

History
1 answer:
yarga [219]3 years ago
5 0

<u>These two quotes pronounced by President Herbert Hoover, express his viewpoint on the Great Depression</u> and his opinion about the different formulas adopted to overcome it:  

  • <em>"Let me remind you that credit is the lifeblood of business, the lifeblood of prices and jobs. "</em>
  • <em>"You cannot extend the mastery of government over the daily life of a people without somewhere making it master of people's souls and thoughts.… Every step in that direction poisons the very roots of liberalism. It poisons political equality, free speech, free press, and equality of opportunity. It is the road not to more liberty but to less liberty."</em>

Hoover became one of the main detractors of Roosevelt's New Deal which,  based on Keynesian economics, fostered goverment interventionism in order to boost the depressed demand levels as the mechanism to create employment and economic growth. Such interventionism was materialized by increasing public spending.

In opposition, supporters of free markets and<em> laisez-faire</em> economic policies, such as Hoover, criticized this recovery plan because they believed that markets on their own would reach the most efficient outcomes and that the country would get innecessarily indebted. Moreover, they believed that the situation would be worsened by interventionist policies that hampered certain individual liberties.

You might be interested in
Limitations to african americans like those mentioned in questions 8 and 9 lasted well into the 20th century and led to Civil Ri
k0ka [10]
The answer is true buddy!
6 0
2 years ago
Read 2 more answers
"The right of citizens of the United States to vote shall not be denied or abridged by the United States or by any State on acco
skad [1K]
I believe the answer is D as B and C are just completely false and while A could be possible its not the answer because granting voting rights to former slaves doesn't really punish the south but it does give former slaves suffrage. So its D
3 0
3 years ago
Read 2 more answers
Please answer ASAP Will give 5 stars and brainliest for best answer: Could the Civil War in the US have been avoidable? What are
Mamont248 [21]
The American Civil War was not inevitable and it could have been easily avoided. But, once it crossed a certain point, there was no turning back. The Civil War was fought in the years 1861-1865 over the issue of slavery.

Hope this helps
7 0
2 years ago
A colony controlled directly by the English king was known as a___
postnew [5]
A colony controlled directly by the English king was known as a Crown colony
3 0
3 years ago
How did sovereignty change the way that european countries interacted with one another?
MakcuM [25]

Sovereignty change the way that european countries interacted with one another because there were not cities anymore, they were countries that were ruled by kings, who right to govern come mostly from god, thus giving them total control over people from different nations that come into their territories. There was an increase in burocracy.  

5 0
3 years ago
Read 2 more answers
Other questions:
  • Help plz 30 points!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    5·2 answers
  • Please select the word from the list that best fits the definition
    9·2 answers
  • Who was the most influential african american leader in the united states during the progressive era?
    5·1 answer
  • Imagine that you are putting together a time capsule for future generations. It will be buried and then unearthed in
    12·1 answer
  • Which was the only empire to include a Saharan salt mine?
    8·1 answer
  • 2 Points
    11·1 answer
  • German lost the lands in Africa with the help of which two countries?
    12·1 answer
  • What statement best describes the system of sharecropping?
    5·1 answer
  • Second Quartering Act<br> O<br> o<br> Quebec Act<br> Nonimportation Movement<br> Boston Massacre
    12·1 answer
  • How did some Islamic groups respond to the presence of US troops in Saudi Arabia before September 11, 2001?
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!