Back to category: History

Limited version - please login or register to view the entire paper.

Hoover Vs. ROosevelt

Most Americans suffered from Great Depression from 1929 to 1939. Herbert Hoover and Theodore Roosevelt were the two presidents during the years of the Great Depression. Many people see that Hoover failed and Roosevelt did not. Roosevelt and Hoover both tried to save the economy but both did not benefit everyone to the same degree.
During the Great Depression, Hoover remained convinced that the economy was doing well and that the government should not interfere with it. In response, he focused on helping agriculture, industry, and banking systems. He asked employers not to cut wages or lay off workers. Hoover also encouraged the farmers to reduce their crops. Reconstruction Finance Corporation (RFC) loaned millions of dollars to banks and corporations for spending on public works such as housings, etc. Hoover believed that helping ordinary peopl...

Posted by: Rainey Day

Limited version - please login or register to view the entire paper.