The Great Depression

AP US History· difficulty 3/5

— Black Tuesday newspaper headline (October 29, 1929)

President Hoover's initial response to the downturn was to

A
$immediately launch federal cash payments to the unemployed$
B
$create the Works Progress Administration$
C
$urge voluntary cooperation among business and limited public works while resisting direct relief$
check_circle
D
$nationalize the major banks$

Explanation

Hoover favored voluntary "associationalism," held wage-maintenance conferences, and signed the RFC and limited public works, but resisted direct federal welfare on principle.

Want 10 more like this — adaptive to your weak spots?

Related questions