Wednesday, March 27, 2013

Hoover's Response

President Hoover
America had been in depressions before, but all of which had lasted only a few months. By November 1930, it was clear to President Hoover  that this depression was not going to mend itself. Hoover requested Congress \to increase spending on public works, such as highways and dams. The government also loaned money to banks and railroads to get the economy back up. Hoover was dead wrong. The economic status dropped even more than before, and when Hoover's efforts failed, people started calling this fall the "Great Depression". Despite his best efforts, citizens were now looking for a new leader.

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