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faust18 [17]
3 years ago
5

People who lost their homes during the Depression built small shacks, called shanties, for shelter. Many Americans referred to s

hanty towns as "Hoovervilles," because President Hoover ________?​
Social Studies
1 answer:
Rzqust [24]3 years ago
3 0

Answer:

People thought Hoover was to blame for the Depression. Black Tuesday. October 29, 1929; the day the stock market crashed.

Explanation:

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Explanation:

The young country had severe financial problems. There were both domestic and foreign debts from the war, and the issue of how to raise revenue for government was hotly debated. Treasury Secretary Alexander Hamilton laid plans for governmental financing via tariffs, or surcharges on imported goods, and a tax on liquor.

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