Following the stock market crash in 1929, President Hoover was criticized for A) declaring a bank holiday and ordering banks to close. B) waiting for the economy to come out of the Depression C) starting many new programs without Congress' approval. Eliminate D) his insistence on increasing spending on the military.
Answers
Answer:
Option B
Explanation:
Following the stock market crash in 1929, President Hoover was criticized for waiting for the economy to come out of depression. 1929’s stock market crash was one of many death blows that happened to America. They called it as the Great Depression. Stock Markets were gone without any profit and the people had started to criticize the president for the crash and his poor activity about the crash.
Answer: B) waiting for the economy to come out of the Depression.
Explanation:
Herbert Hoover began his service as President of the United States in 1929. He was in office when the Great Depression began and was blamed for the fact that the country struggled as it did. The problems that led to the Depression had been building up for years before Hoover took office, but as the leader of the country when the troubles hit, he was the one who took the bulk of the criticism. And Hoover had no solutions to the problems. In the 1932 presidential election, he was defeated by Franklin D. Roosevelt. Roosevelt implemented "New Deal" policies to combat the Depression.
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