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27 November, 19:04

What was President Hoover's reaction to the early years of the Great Depression?

A. He pushed for millions of Americans to be on public assistance.

B. He didn't want the government to get overly involved.

C. He pushed for more free trade agreements.

D. He pushed for dramatic governmental action.

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  1. 27 November, 20:51
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    B. He didn't want the government to get overly involved.

    Explanation:

    The Great Depression of the 1930s was the largest recession in history and its causes were overproduction of goods and the expansion of unbridled credit by banks. Initially President Herbert Hoover chose not to intervene. He was a liberal politician who believed in free market parameters as self-regulators of economic activity.

    However, with the escalating damage from the crisis, the president has taken some punctual measures to combat the Great Depression, such as providing minimal social assistance and regulating the market. However, Hoover also took measures that worsened the Great Depression, such as raising taxes and increasing tariffs. As a consequence, other nations also impacted by the crisis have adopted measures of protectionism, worsening the situation of international trade and the economy as a whole.

    The Great Depression was overcome with the plan of succeeding president Hoover, Franklin Roosevelt. This plan was called the New Deal, and consisted of expanding government spending on social protection, job creation, and reforming the American economic and governmental system.
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