Question

How did President Hoover respond to the challenges of the Great Depression apex

Answer 1

Answer: Hoover's measures did not produce results.

Explanation:

In the first weeks of the crisis, Hoover believed that the economic downturn was a natural phenomenon and that the situation would quickly normalize. He was convinced and refused to engage direct federal aid to the collapsed economy.

Poor foreign policy decisions accelerated the crisis by Hoover. It made it impossible to sell international products on US soil. For example, Germany has not been able to pay war damages since the First World War. His effort to reduce corporate taxes to stimulate growth and limit the government's impact on the economy proved unsuccessful.