Question

WILL GIVE MEDELS PLZ HELP!
Why did president hoover's responce to the great depression fail?

Answer 1

He was Too little too late.
Hoover enacted proposals to stem off the depression using standard methods of loans to banks and increasing the money supply. But this takes time.
He lost the election because the depression happened on his watch, and took the blame.

Answer 2

President Hoover's response to the Great Depression, loaning money to corporations and state governments and urging big businesses not to cut wages or production, failed because it was inadequate. The Great Depression required massive government spending and intervention.


Hoover did little to bring any government action to the horrendous economic collapse. He did, however, institute the Reconstruction Finance Corporation the FDR used when he became president in 1933.


He instituted The Smoot Hawley act that put taxes on imports. Other countries reciprocated and America was reliant on its exports too heavily. Today we are mostly reliant on our imports, just the opposite case scenario.