Question

What principles guided President Hoover’s response to the Great Depression, and how did this restrict his ability to help the American people? Do you see any similarities between Hoover’s response to the Depression and Trump’s response to our current economic crisis? Explain your answer. own words pls

Answer 1

In 1929, the Great Depression created economic downfall for all over the world.Though Hoover has gained a reputation for uncertainty in the face of economic crisis, his administration actually traced measures that helped lay the basis for Roosevelt’s New Deal. Hoover launched a big public works program, part of which covered funding for construction of the Hoover Damon the Colorado River. His administration executed stronger protections for labor and substantially reinforced federal subsidies for agriculture. Hoover also played a main role in passing the Glass-Steagall Act of 1932, which limited the activities of commercial banks in an pursue to stabilize the banking sector.
However, many of these policies were not immediately efficient, and some of the administration’s actions actually aggregated the effects of the depression. The Smoot-Hawley Tariff Act, which Hoover signed reluctantly, r
increased tariffs on thousands of imported goods and proposed a trade war between the United States and Europe, thereby exacerbating the global economic downturn.

Similarities between Hoover's response to the Depression and Trump's response to current pandemic

1. During the Depression, Hoover engaged in positive messaging. Shortly after the stock market crash, Similarly, Trump has pushed positive pronouncements about the pandemic and the virus has spread over the country rapidly.

2. Both Hoover and Trump, ignored the warnings of national security about depression and pandemic , and country faced the worse situations.

3. Beyond positive talk, both Trump and Hoover extened to find scapegoats. Hoover “repatriated” Mexican immigrants, softly blaming them for the loss of jobs by “real” Americans. Similarly, Trump named the virus after “China,” accused predecessors for a lack of testing and protective gear, states for not having prepared properly, the press for misreporting and health care workers for hoarding.

4. Both chooses, the tariff increased policy in worse economic situations.