0
Hoover blamed the Depression on foreign economic collapse over which he had no control. Major European banks went bankrupt, causing alarm in other foreign banks. Great Britain went off the gold standard. The Bank of England no longer redeemed its paper money in gold bullion or coin. Investors feared that all paper money would lose its value so they withdrew $1.5 billion in gold from American banks. This further weakened the global economic situation.
Wiki User
∙ 13y ago
Wiki User
∙ 12y agoHoover was in office when the depression hit. Also, as a Republican, he was tied to the economic policies of the two previous administrations, so many people felt that even if he was not totally responsible for bringing the depression on, it was his job to get the country out of it and he tried the best he could. However, he did not believe in the quick fix of running up the deficit to provide stimulus give-aways.
He had a sound and logical plan that would have succeeded in time. However,
the people were suffering and they jumped on the Roosevelt band-wagon when it appeared. Then after the depression ended because the country entered the world war. people decided that Roosevelt must have done the right thing and so Hoover must be blamed. (In actuality the country has not yet recovered from the lack of fiscal responsibility and bloated federal government began by Roosevelt. )
Wiki User
∙ 11y agoIt's because he was the president during the onset of Great Depression.
Wiki User
∙ 14y agoHoover's programs failed to meet the unprecedented needs of America, he was thus known as a "do nothing" president.
Add your answer:
Earn +20 pts
Herbert Hoover's reputation was severely damaged by what?
Democrats blamed him for the great depression.
In the Great Depression what was the Hoover wagon?
They were broken down cars pulled by mules. They were named after President Herbert Hoover because he was blamed for the great depression, and the many homeless. He got blamed because he didn't take any actions to help through the great depression
Who were the president during the great depression in 1930?
Herbert Hoover was president from 1928 to 1932 and is generally blamed for the Depression, but the economic and social problems that led to the collapse of the stock market in October 1929 were fermenting during the presidencies of Harding and Coolidge. Generally speaking, Hoover was unfairly blamed for the depression.
Was Hoover to blame for the depression in the 1920?
Yes he was to blame and things like "Hooverville" are testament to how the public blamed him.
Shanty towns that sprang up during the Great Depression were popularly known as?
They were called Hoovervilles, after President Hoover. Many people blamed President Hoover for the Depression.
Why is herbert hoover blamed for the great depression?
Please explain.
Which president was elected in 1929 and then was blamed for the great depression?
Herbert Hoover.
Herbert Hoover's reputation was severely damaged by what?
Democrats blamed him for the great depression.
What were hoover jokes about?
People blamed president Hoover for causing the Great Depression, so people made jokes about it. For example "Hoover carts".
In the Great Depression what was the Hoover wagon?
They were broken down cars pulled by mules. They were named after President Herbert Hoover because he was blamed for the great depression, and the many homeless. He got blamed because he didn't take any actions to help through the great depression
Who were the president during the great depression in 1930?
Herbert Hoover was president from 1928 to 1932 and is generally blamed for the Depression, but the economic and social problems that led to the collapse of the stock market in October 1929 were fermenting during the presidencies of Harding and Coolidge. Generally speaking, Hoover was unfairly blamed for the depression.
Why do you think voters did not listen to Hoovers ideas about government?
beacuse during great depression they blamed him for it so great
Was Hoover to blame for the depression in the 1920?
Yes he was to blame and things like "Hooverville" are testament to how the public blamed him.
What did expressions such as Hoovervilles and Hoover blankets show regarding President Hoover during the Great Depression?
american were angry with hoover for not doing enough to help them out of hard times
When the depression was going on were there many hobos or tramps that traveled from town to town?
yes, sometimes called hoovervilles because they blamed president hoover for the depression
Shanty towns that sprang up during the Great Depression were popularly known as?
They were called Hoovervilles, after President Hoover. Many people blamed President Hoover for the Depression.
Were Hoover hogs hunted and eaten during the great depression?
Hoover hog was the name people who blamed President Hoover for the Depression gave to armadillos, and to a lesser extent, rabbits and jackrabbits. They were a source of food to people in certain areas of the country because they could be hunted.
