President Hoover and the Great Depression

////President Hoover and the Great Depression

President Hoover and the Great Depression

Hebert Hoover the 31st President of the United States

ZIMSEC O Level History Notes: The United States of America (USA) 1920-1939: President Hoover and the Great Depression

  • He was the source of anger and dissatisfaction among citizens
  • They believed he had let them down even if they had believed in him
  • He was also adamant to change his policies which has seen America getting into the depression
  • He believed that the depression was a result of economic problems not bad economic polices
  • He also argued that businesses should be left alone so that they bounce back on their own
  • He believed an individual had to take the necessary steps to get themselves out of poverty and government interference would encourage dependency syndrome
  • Social security was not the responsibility of the government and relief was to be given by charity organizations
  • He encouraged employers to cut on wages instead of laying off workers
  • A Finance Corporation was established which provided loans to companies collapsing
  • The corporation also assisted the government in dealing with unemployment
  • He also introduced public works programmes for the unemployed
  • He encouraged US export trade
  • However the measures used by Hoover were not effective and they came in too late as people had already lost their support for him

To access more topics go to the History Notes page.

By |2017-03-31T06:28:18+00:00March 31st, 2017|Notes, O Level History Notes, Ordinary Level Notes|Comments Off on President Hoover and the Great Depression

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She holds a Bachelor of Science Honours Degree in Social Work from Bindura University. She has a passion for helping others and has been involved in numerous academic and social projects.
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