How Did Hoover Address The Great Depression
Herbert Hoover and Franklin Delano Roosevelt were the presidents during the Great Depression. Both of them had their own ideas about how to deal with the Great Depression, which both ideas had good points and bad points.
Both presidents had different ways of addressing the situation. But they both attempted to address the consequences of the Great Depression. Hoover believed that our economy goes through cycles, and thought that the government should let things run its course and believed that things would eventually improve. He thought this way all until his last year as president when he finally started getting the government involved. Trying to end the depression hoover created laws and programs like the National Credit Corporation, the …show more content…
Roosevelt wanted to put Americans back to work and replenish the economy and the confidence of the economy. He created a United States federal law of the New Deal era which reduced agricultural production by paying farmers allowance not to plant on part of their land and to kill off extra livestock. Its purpose was to reduce crop excess and therefore effectively raise the value of crops. He also set up public work programs such as Public Works Administration which was part of the New Deal of 1933 designed to reduce unemployment and increase purchasing power through the construction of highways and public buildings. Lead by Secretary of the Interior Harold L Ickes. It was created by the National Industrial Recovery Act in June 1933 in response to the Great Depression. PWA built dams, bridges, hospitals, and schools. It was very successful. He also set up the Civilian Conservation Corps which was a public work relief program that operated from 1933 to 1942 in the United States for unemployed, unmarried men from relief families as part of the New Deal. By doing these policies people were put back to work through the government on public projects. Franklin D. Roosevelt strived to protect and help farmers and fair
Both presidents had different ways of addressing the situation. But they both attempted to address the consequences of the Great Depression. Hoover believed that our economy goes through cycles, and thought that the government should let things run its course and believed that things would eventually improve. He thought this way all until his last year as president when he finally started getting the government involved. Trying to end the depression hoover created laws and programs like the National Credit Corporation, the …show more content…
Roosevelt wanted to put Americans back to work and replenish the economy and the confidence of the economy. He created a United States federal law of the New Deal era which reduced agricultural production by paying farmers allowance not to plant on part of their land and to kill off extra livestock. Its purpose was to reduce crop excess and therefore effectively raise the value of crops. He also set up public work programs such as Public Works Administration which was part of the New Deal of 1933 designed to reduce unemployment and increase purchasing power through the construction of highways and public buildings. Lead by Secretary of the Interior Harold L Ickes. It was created by the National Industrial Recovery Act in June 1933 in response to the Great Depression. PWA built dams, bridges, hospitals, and schools. It was very successful. He also set up the Civilian Conservation Corps which was a public work relief program that operated from 1933 to 1942 in the United States for unemployed, unmarried men from relief families as part of the New Deal. By doing these policies people were put back to work through the government on public projects. Franklin D. Roosevelt strived to protect and help farmers and fair