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kogti [31]
3 years ago
4

Match each Hoover Administration federal program or action to its intended function in responding to the market crisis.

History
1 answer:
FinnZ [79.3K]3 years ago
5 0

President Herbert Hoover was the President when the Great Depression started and some of the ways he combated it were:

  • <u>promoting </u><u>private </u><u>charity </u><u>and  </u><u>community assistance</u> ⇒ <em>provided some needed aid, but it was not sufficient  to deal with widespread poverty</em>

<em />

  • <u>President's Organization </u><u>on  </u><u>Unemployment Relief</u> ⇒ <em>coordinated the function of state and local  welfare agencies but provided no federal dollars</em>

  • <u>Reconstruction Finance Corporation</u> ⇒ <em>provided assistance to state and local governments  and important private businesses</em>

<em />

  • <u>Attending </u><u>the 1931 </u><u>World Series</u><u> </u>⇒ <em>projected a strong, confident image to the public</em>

President Herbert Hoover did not believe that the government should get involved in business so he decided not to use federal funding to help during the Great Depression as he believed the economy would correct itself.

First he tried to promote private charities and communities assisting themselves but it did not work because there was no government support and there were simply too many poor people. This was the same reason the <u>President's Organization</u><u> on </u><u> Unemployment Relief</u> failed as well.

Hoover then established the Reconstruction Finance Corporation to try to bail out important businesses such as banks. It also helped state and local governments.

Hoover also went to the 1931 World Series to prove the administration was still strong but got booed instead which rarely happened to Presidents at the time.

In conclusion, Herbert Hoover did what he though was right during the Great Depression but it did not work out as well.

<em>Find out more at brainly.com/question/12255447.</em>

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