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Sedbober [7]
3 years ago
9

What was hoover's initial reaction to the stock market crash of 1929?

History
1 answer:
Mademuasel [1]3 years ago
5 0
What was Hoover's initial reaction to the stock market crash of 1929?

He urged them to work together to find solutions to the nation's economic woes and to act in ways that would not make a bad situation worse. For example, he asked
employers not to cut wages or lay off workers, and he asked labor leaders not to demand higher wages or go on strike. He also created a special organization to help private charities
generate contributions for the poor.

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