_____ was/were unfairly given much of the blame for the Depression. Possible answers: Roosevelt, Banks, WWI, Hoover

History

2 answers:

JulsSmile [24]3 years ago

6 0

Answer:

Hoover

Explanation:

In the face of the greatest economic crisis in US history, the crisis-containment measures adopted by the Hoover administration were considered inadequate and aggravated the crisis. Hoover had a predilection for the free market and initially did nothing to contain the crisis. With the worsening of the situation, the president adopted some palliative measures, but insufficient to reverse the situation.

The situation required an energetic interference by the State in the credit and labor market, as well as a social protection plan. With liberal bias, Hoover did little and some of his measures intensified the crisis, such as raising taxes at a time of widespread breakdown. The crisis was only circumvented by President Roosevelt's New Deal plan, Hoover's successor, which was inspired by the interventionist ideas of economist John Keynes.

disa [49]3 years ago

5 0

Hoover was given much of the blame for the Depression

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