Why did herbert hoover cause the great depression.

Answers

Answer 1

Answer:

World War I created a demand on Iowa farmers to produce more, even when their sons and hired help were being drafted into the army. The government appealed to farmers’ patriotism and pocketbooks. “Food Will Win the War” posters went up everywhere. Even more important, the federal government guaranteed high prices on corn, wheat and livestock. Iowa farmers responded enthusiastically, increasing their herds, putting more acres under cultivation and investing in new equipment and facilities. And production did increase rapidly. So did the price of land.

That production capacity did not go away when the war ended in 1918. Farmers continued to produce record outputs. European fields were again coming under cultivation after the war and those countries needed to buy less from the United States. American agriculture surpluses began to build up. In May 1920, the federal government stopped guaranteeing high prices, and suddenly prices for farm goods plunged. Land prices did also, and those who had speculated in rising land values were caught unable to pay off their loans. Many rural banks that had financed those loans went bankrupt, and the Midwest began a decade of hard times. Farmers continued to produce surpluses and prices sank even lower. For Iowa, the Depression did not start in 1929 when the stock market crashed. It only got worse.

Herbert Hoover Faces National Crisis

Iowa-born Herbert Hoover was elected president in 1928 as a Republican. He had a distinguished career as a mining engineer and achieved international fame and respect in leading efforts to feed starving Europeans, especially children, after the war. In 1921, he started an eight-year career as Secretary of Commerce under Presidents Harding and Coolidge. Soon after assuming office, Hoover faced a national crisis. Almost half of American families engaged in agriculture at the time. When they did not have the money to purchase manufactured items, factories couldn’t sell their products and they laid off workers. This created a downward spiral because unemployed workers could not buy products either. The trouble spread across the entire economy.

In October 1929, the value of stocks on the New York Stock Exchange started a sudden downward slide that touched off panic among investors. As in land prices earlier, there had been speculation in stocks that exceeded the companies’ capacity to produce. Banks and financial institutions that had loaned money began to fail, and credit necessary to keep the economy moving became hard to acquire.

Through Hoover’s presidency, the situation was bleak and many blamed the president. Up to one-third of the work force was unemployed. More and more families were homeless, and many young people took to the road in the desperate hope of finding work. In Iowa, farm families had the advantage of large gardens and homegrown livestock but struggled to find the cash to pay their taxes and necessary purchases. City families struggled. Before this period, welfare programs were very limited and taking government assistance was seen by many as a disgrace.

Some farmers threatened with the loss of their farms and homes became desperate. Farmers in eastern Iowa opposed a state law requiring their dairy cattle to be tested for tuberculosis. They formed gangs to threaten veterinarians doing the testing. The governor had to provide special protection for the vets. In western Iowa, farmers were so angry with a judge who refused to promise not to hear cases of farm foreclosure that they dragged him out of the courtroom into the country and threatened to lynch him. They did not carry through but the governor had to call out the National Guard to restore order. Would the country collapse into chaos?

Explanation:


Related Questions

ngày Bác Hồ ra đi tìm đường cứu nước

Answers

Answer:Ngày Bác Hồ ra đi tìm đường cứu nước (ngày 5 tháng 6 năm 1911

Explanation:

Which of these are weaknesses of minor parties?

Answers

Answer:

they never win

Explanation:

because they are not tolerated because of the less number they are

Sa Love Ano ang importante sayo love o family?

Answers

Family is everything


.:Dom Toretto

How did the ottoman empire maintain power.

Answers

Answer:

The Ottomans maintained power over their empire through religious beliefs, a system to accommodate non-Muslim citizens, firm responses to rebellious...

Choose the one you think is most important and explain.
(Pollution, child labor, women working, dangerous conditions)

The most significant impact of the Industrial Revolutions was _________ because

Answers

It’s between these two.

Women working - women mainly worked when their husbands were away at war but after a certain time period they began working in factories once they got the freedoms to do so. This was sort of the beginning of the traditional household being broken and women taking a stand.

Dangerous conditions - riots + protests happened (like the Carnegie situation) and other buildings were burned down because workers wanted better pay and safer working conditions. Militia was even brought in to stop these people. Working foundations were founded due to this that protected workers and their health.

Why did many immigrants come to Louisiana during the 1800s? Check all that apply.
They had been forced to leave Canada by Great Britain.
They wanted to escape war and other political problems.
They hoped to find new opportunities to make money.
They need to escape poverty and a potato famine.
They wanted to avoid persecution of their religions.

Answers

Answer:

they wanted to escape war and other political problems.

they hoped to find new opportunties to make money.

they need to escape proverty and a patato famine

Explanation:

I passed the test(: your welcome

on edg

9) which of these played the largest role in buddhism spread throughout asia from the 100s to the 700s ce? a) the crusades b) the silk road c) mongol invasions d) persian missionaries.

Answers

Answer:

B) The silk road.

Explanation:

The silk road played the largest role in Buddhism spread throughout Asia from the 100s to the 700s CE.

Hoped this helped

in which organelle does cellular respiration take place?
a.) nucleus
b.) chloroplast
c.) chlorophyll
d.) mitochondrion

Answers

Answer:

Mitochondria

Explanation:

Respiration takes place in the mitochondria of the cell in the presence of oxygen, which is called "aerobic respiration".

Answer:

The answer is D.

Explanation:

Hope this helps!! :)

Plz help! Due tonight!
What does it mean to endorse a candidate? What impact could that have on legislation?

Answers

Answer:

A political endorsement is a public declaration of one's personal or group's support of a candidate for elected office. ... If an individual endorses a presidential candidate, they are voicing their support for them.

- I don't know the impact it could have.

Explanation:

Where in the body did plato believe the 'mind' was located? quizlet.

Answers

He thought it was in his head.

Because he said it was inside of his brain.

What adversity did each woman face during her time as an absolute monarch

Elizabeth I

from society's expectations of women during her time?

Answers

Answer:

the threat of invasion and

An issue that troubled her reign for its entirety was her lack of a husband and heir, a situation which she and others realized could potentially ignite a successional crisis upon her death. Still, she never married, perhaps because she preferred to keep power to herself.

Explanation:

What ensured the success of South Carolina?

A.
the cultivation of rice using African slave labor

B.
the monetary subsidies offered to it by England

C.
strong work ethic of its residents

D.
fur trade with the West Indies

Answers

Answer:

i think the answer is  

A.  the cultivation of rice using African slave labor

on edge 2020

Explanation:

have a great day peeps :)

Answer:

the cultivation of rice using African slave labor

Explanation:

Select the correct answer. Why did Lech Walesa win a Nobel Peace Prize in 1983? A. For convincing the United States and its allies to accept communist ways B. For fighting against the communist government of Poland C. For negotiating with the United States and its allies to end the Cold War with the Soviet Union D. For cooperating with the Polish government and ending public protests.

Answers

Answer:

for negotiating with the United States and its allies to end the Cold War with the Soviet Union

Explanation:

Lech Walesa, the founder of Solidarity and the first autonomous worker's guild in Poland, won the Nobel Peace Prize in 1983 for his fight for the right to organize. Therefore, option (B) is the correct one.

Who was Lech Walesa?

Polish leader, rebel, and Nobel Peace Prize winner Lech Wasa presided over his country from 1990 to 1995. Wasa, a shipyard electrician by trade, rose to prominence as the head of the Solidarity organization and spearheaded a successful pro-democracy movement that, in 1989, brought an end to the Cold War and the Communist era in Poland.

Following his victory in the 1990 election, Wasa was inaugurated as Poland's first president elected through popular vote and in a democratic manner since 1926.

Lech Walesa had just been liberated from detention when he was awarded the Peace Prize for his work promoting political freedom in Poland.

Hence, option (B) is the right one.

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PLEASE ANSWER ASAP!!!!!!!!!!
The Edict of Milan only guarantees tolerance of Christianity, not recognition by the
state. Why did Constantine and Licinius take this position?

Answers

Answer:

The Edict of Milan was the February AD 313 agreement to treat Christians benevolently within the Roman Empire. Western Roman Emperor Constantine I and Emperor Licinius, who controlled the Balkans, met in Mediolanum and, among other things, agreed to change policies towards Christians following the edict of toleration issued by Emperor Galerius two years earlier in Serdica. The Edict of Milan gave Christianity legal status and a reprieve from persecution but did not make it the state church of the Roman Empire.

Explanation:

Which statement best describes the chinese who immigrated to the united states in the late 1800s?.

Answers

Answer: Which statement best describes the Chinese who immigrated to the United States in the late 1800s?

А. Chinese Immigrants into American society because they embraced industrialization.

B. Many Chinese Immigrant workers entered the country illegally by train.

C. Chinese immigrant workers were important to the expansion of railroads in the West.

D. Many Chinese Immigrants left western cities to settle in rural farming communities.

Rest

Next I believe It's C: Chinese immigrant workers were important to the expansion of railroads in the West!!!

Explanation: The best statement about the Chinese who immigrated to the US in the 1800s is that Chinese immigrant workers were important to the expansion of railroads in the West!!! Hope This Helps You! Happy Early Christmas! :D

The answer to this question is option c. As the Chinese moved to US in the 1850s they offered their labor in goldmines, agricultural establishments, factories.

History has it that these people were pivotal to the building and expansion of railroads in the  West of the US. Hope This Helps You! Happy Early Christmas! :D

Chinese immigrant workers were important to the expansion of railroads in the West.

Your question is incomplete. Please find below the missing content.

Which statement best describes the Chinese who immigrated to the United States in the late 1800s?

А. Chinese Immigrants into American society because they embraced industrialization.

B. Many Chinese Immigrant workers entered the country illegally by train.

C. Chinese immigrant workers were important to the expansion of railroads in the West.

D. Many Chinese Immigrants left western cities to settle in rural farming communities.

What was the significance of the Chinese workers on the railroad?

From 1863 and 1869, kind of 15,000 Chinese language employees helped build the transcontinental railroad. They had been paid much less than American people and lived in tents, whilst white employees had been given accommodation in educated motors.

Why were Chinese immigrants chosen for the railroad?

They proved themselves to be green laborers, and the generally balanced diets they followed made them more healthy than their Irish coworkers. by the time the Union Pacific and relevant Pacific railroads met in Utah in 1869, vital Pacific had recruited heaps of additional workers without delay from China.

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Which of the following was not an element of Alexander Hamilton's financial plan for the United States?
A. Creating National Banks
B. Reducing National Debt
C. Creating State Banks

Answers

(c) Creating State Banks

How is Paraguay different from the other countries in the Southern Cone?

Answers

1. Almost all of its people speak a South American Indian language.

2.It has a higher percentage of people with only European ancestry.

Answer:

almost all of its people speak a south American Indian language

Explanation:

i looked at the other answer and when i got my assessment I used it on back this is the answer that was correct.

How tall were the denisovans.

Answers

Answer:

they were a "metre tall"

Explanation:

did my research hope this helps ! <3


What did Americans want President Hayes to do to the Chinese
immigrants

Answers

Answer:

https://history.state.gov/milestones/1866-1898/chinese-immigration

Explanation:

this will give u all the info u will need

If two objects attract each other, which is NOT a possible explanation​

Answers

Answer:

Since the gravitational force is directly proportional to the mass of both interacting objects, more massive objects will attract each other with a greater gravitational force. ... So as two objects are separated from each other, the force of gravitational attraction between them also decreases

Explanation:

By interfering in the slavery issue, Congress is keeping us from what
according to Lincoln?
1. Westward Expansion
2. Peace
3. Expanding democracy
4. War

Answers

Answer: war

Explanation:

It would be war hope this helps

Create a list of at least 10 things about everything you know of present-day Mexico and South America, including foods, customs, language, and the like. Please and thank you

Answers

Answer:

day of the dead, Cinco de mayo, Rio Carnaval, tamales, tortillas, Spanish, Portuguese, salsa dancing, salsa

Explanation:

How can someone be nominated as a presidential candidate?

Answers

Answer:

To become the presidential nominee, a candidate typically has to win a majority of delegates. This usually happens through the party's primaries and caucuses. It's then confirmed through a vote of the delegates at the national convention.

Explanation:

1. Which of the following best describes how industrialization changed the US economy?
A. Shifted from an agrarian economy to a manufacturing economy
B. Shifted from shifted from a supply economy to a demand economy
C. Shifted from a manufacturing economy to an agrarian economy
D. Shifted from large businesses to small businesses

Answers

Answer:

a

Explanation:

what was bleeding Kansas... does it have to do with the Kansas-Nebraska Act?

Answers

Bleeding Kansas was a small civil war in the United States that was a fight between pro-slavery advocates and anti-slavery advocates. The Kansas -Nebraska Act repealed the Missouri Compromise, created two new territories, and allowed for popular sovreignity. The Kansas - Nebraska Act caused the Bleeding Kansas battle.

Hope this helps!

According to the map, which four items were introduced to the Americas from
the Eastern Hemisphere as part of the Columbian Exchange?
A
pumpkins, squash, peppers, beans
B
avocados, grapes, horses, corn
0
с
sugarcane, wheat, olives, cattle
D
Hill Education. Permission is granted to reproduce for classroom use.
potatoes, tobacco, tomatoes, pineapples

Answers

Answer:

D

Explanation:

Christopher Columbus introduced horses, sugar plants, and disease to the New World, while facilitating the introduction of New World commodities like sugar, tobacco, chocolate, and potatoes to the Old World.

The items introduced to the Americas from the Eastern Hemisphere as part of the Columbian Exchange were avocados, grapes, horses, and corn. The Option B

Which items were brought to the Americas?

This exchange of plants, animals, and culture between the Old World and the New World had a profound impact on both continents. Avocados and grapes enriched the culinary diversity of the Americas, while horses revolutionized transportation and agriculture.

Corn, also known as maize, became a staple crop that transformed the diets and economies of many societies in the Americas. The Columbian Exchange reshaped ecosystems and societies, leading to lasting cultural and ecological changes.

Read more about Columbian Exchange

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Why was tension rising in Europe in 1870? Please write a paragraph! ​

Answers

Answer:

I'm one of the greatest, ain't no debatin' on it (Let's go)

I'm still levitated, I'm heavily medicated

Ironic I gave 'em love and they end up hatin' on me (Go)

She told me she love me and she been waitin'

Been fightin' hard for your love and I'm runnin' thin on my patience

Needed someone to hug, even took it back to the basics

You see what you got me out here doin'? (Yeah)

Mighta threw me off, but can't nobody stop the movement

Uh-uh, let's go

Left foot, right foot, levitatin' (C'mon)

Pop stars (Go), Dua Lipa with DaBaby

I had to lace my shoes for all the blessings I was chasin' (Go)

If I ever slip, I'll fall into a better situation

So catch up, go put some cheese on it

Get out and get your bread up (Yeah, yeah)

They always leave when you fall, but you run together (Hey)

Weight of the world on my shoulders, I kept my head up

Now, baby, stand up, 'cause, girl, you

[Pre-Chorus: Dua Lipa & DaBaby]

You want me (Hey), I want you, baby (Hey)

My sugarboo, I'm levitating

The Milky Way, we're renegading

Yeah, yeah, yeah, yeah, yeah

[Chorus: Dua Lipa]

I got you, moonlight, you're my starlight

I need you all night, come on, dance with me

I'm levitating

You, moonlight, you're my starlight (You're the moonlight)

I need you all night, come on, dance with me

I'm levitating

Explanation:

____ 10. Ericka wants her nails to look trendy and famous. What nail shape will you recommend? a. oval shape b. round shape c. squoval d. square​

Answers

Answer:

Answer:Square

Answer:Square Explanation:

Answer:Square Explanation:Square nails are more of a trend among celebs and it looks cool

Describe one way Presidential elections have changed over time?

Answers

Answer:

woman can vote and stuff

Explanation:

so yeah pretty cool

The bulleted list describes a major tenants of-

A) judaism

B) hinduism

C) sikhism

D) zoroastrianism

Answers

The bulleted list describes the major tenants of judaism, hinduism and zoroastrianism.

Judaism is an old religion whose followers believe in oneness of God because he revealed himself through ancient prophets.

The hinduism is a religion which believed in different gods such as Brahma, Vishnu, Shiva, Devi, Krishna etc

Sikhism is a monotheistic religion that believe there is one God known as Waheguru which means wonderful Lord.

Zoroastrianism is a relion who believed in oneness of God called the Ahura Mazda which means Wise Lord.

Therefore, the Option A, B and D is correct because the bulleted list describes the major tenants of judaism, hinduism and zoroastrianism.

Read more about this here

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