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maksim [4K]
3 years ago
14

What three major initiatives did president Hoover take to help the economy of the United States

History
1 answer:
Alex787 [66]3 years ago
4 0
<span>President Hoover implemented several programs during his presidency to help the U.S. economy, some are the following:<span>1. National Credit Corporation (1931) - an organization created to stop bank failure, composed of bankers and insurance executives.2. Reconstruction Finance Corporation (1932)  - created to secure loans for struggling businesses, farmers, and infrastructure projects. 3. Smoot-Hawley Tariff Act - imposed raised tariffs on imported goods to protect American businesses and farmers. </span></span><span>
</span>
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