Question

What two major strategies did president hoover use to promote economic recovery?

Answer 1

The correct answer to this open question is the following.

The two major strategies that President Hoover used to promote economic recovery were that he increased the funding of public works and the establishment of the President's Emergency Committee for Employment. He also established other options because poverty and the demand for jobs were too many. He signed the Glass Steagall Act, the Reconstruction Finance Corporation, and the Emergency Relief and Construction Act, all in 1932. The Great Depression started after the US stock market crashed on October 29, 1929, leaving millions of Americans without a job.

Answer 2

He used money for economy and higher tariffs High ,bonus marchers, too little, too late reconstruction the Emergency reconstruction Act and save banks.