Reading: Hoover & the Great Depression
Tuesday, March 17, 2015
US History: Herbert Hoover & the Beginning of the Great Depression
Reading: Hoover & the Great Depression
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Reading: Hoover & the Great Depression
Hoover had a way of thinking that was very different than most people. He believed that the government should not help with the American's and their economy. After a long time he finally gave 2 billion to the banks and railroads but that wasn't even enough. His policy I find very un effective and quite disrespectful. I think a different way would have worked better but he got them out of it so I cannot complain.
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Eleesa Schumacher
ReplyDelete1. President Hoover was the most prepared and qualified president of the 1920s. Hoover experienced poverty in 1847 when he was born. He was raised by two of his uncles that could not afford to pay for him to attend college leaving Hoover to work his way through on his own. Due to working hard in engineering he made a million dollars before he was 40 years old. Hoover ran relief agencies and impressed many democrats. He achieved a great reputation and was voted president.
2. Hoovers' response to the unprecedented economic collapse of the 1930s was guided by principles and was always kept with a positive outlook. Hoover thought that using the government to solve the basic economic issues would only hurt Americas liberty instead of helping the economy. When the great depression began Hoover formed meetings with business men asking them to not lay off any workers or cut wages. He believed that the people would act on their own to put an end to the great depression. Hoover thought that all needed was just a restored confidence in the economy. Hoover told everyone that there was pretty much nothing wrong with the economy and the depression would end soon.
Jack Malek
ReplyDelete1) Hoover was a hard working individual born and raised into poverty and had to work his way up by starting in the coal mines, attending college afterwards, and becoming an engineer. His hard work paid off and he had become a millionaire. He decided to become involved in politics and ran the relief agency in Belgium. He was praised for being a great leader, so he ran for president under the republican party and was elected for president in 1928.
2) Hoover's first response was lackluster; he simply thought the great depression was simply an economic recession and restored American faith in the economy is all that was needed to bring the nation back on its feet. His first actual reaction was asking large businesses and corporations to keep production up and keep workers employed. Congress then established the Reconstruction finance corporation. Hoover provided $2 Billion dollars to bail the banks out, and then $45 million dollars to save cattle in Arkansas. Hoover attempted to keep the budget balanced by not providing money for creating new jobs or unemployed assistance.
Kyle Uclaray
ReplyDelete1) President Hover was the most prepared and most qualified. He was a hard worker and worked his way through college by becoming a miner. His work ethic was so good the democrats wanted him to run for their party to be President. He was also a optimistic man which was needed during the depression. And he believed that businesses should run themselves.
2)He believed that business men should be free and government shouldn't tell them what to do. And people shouldn't look for handouts from the government when they are in trouble. Hoover thought that the way to end the depression was if the people would do it themselves by helping out each other and for factories to keep working how they did before the depression. He was an optimistic and told everyone that there is nothing wrong with the economy, we just needed more confidence. More confidence meant that stocks would rise, factories would open, and people would go back to working. His optimism failed and businesses started to collapse so the congress made a new policy, Reconstruction Finance Corporation.
1. Herbert Hoover seemed to be a very hard worker. He had a rough childhood; His parents both died at a young age and he had to move in with two of his uncles. He became a coal miner and only earned $2.50 a day and eventually earned one million dollars before the age of 40. He graduated from college after studying engineering and became very successful. Hoover was very determined to be what ever he wanted and always displayed a hard working demeanor.
ReplyDelete2. Herbert Hoover believed that Americans must stay positive. Hoover had a hard life and always believed hope and trusting in yourself and your dedication to find better times in your own future was the only way to solve problems, not by accepting government handouts. He also believed people should work together to fix their struggles, and trust in the economy because it was not a bad system. Hoover wished for the large businesses to not layoff people and continue to make goods. Hoover did his best to restore hope in Americans. -Love Butterfly
Travis Perry
ReplyDeleteHerbert Hoover was a man who believed in simpler things. Rather than relying on handouts, he wanted the American people to work their way out of poverty, just as he did and just as he had seen done by those before him. Hoover vetoed and strongly opposed ideas and laws that would place money directly in the hands of Americans, instead he provided bailouts for banks and railroads, and federal aid for companies that would then provide jobs. Being confident in the American economy, he said, was the way for jobs to open, stock market prices to rise, and the economy would recover. Hoover did not want government to step into citizens lives, not only for the principle, but for the issue of national budget. Without a balanced budget, the American people would have no faith in Hoover nor the American system, so he therefore tried to stay as far as possible from direct handouts. Trickle down economics was the tactic Hoover chose to support, and he believed that the money would trickle from the businesses he supported, all the way down to the common man.
Ian West
ReplyDeleteHoover was an educated man that understood the business world better than many people. Hoover had been a very successful worker, and had earned a million dollars before the age of forty. He had studied engineering at Stanford, and was very talented at it. All of this experience shaped his personal beliefs of self reliance and the importance of business. His decisions could be seen as cruel, but were really the best decisions that could be decided at that time. He was the best president that the country could have wished for during this time period.
After the sudden plunge of the stock market, Hoover was in trouble of facing disapproval from the American people if he failed them. He believed that the American people needed to pull themselves out of this depression, rather than being carried on the back of the federal government. Hoover was very passionate in his beliefs, one of with was trickle down economy. He believed that the government shouldn't tax rich business owners as much, so that they could invest more money into their business thus opening more jobs for American people. He tried to refrain from assisting the public directly, because he was worried that the people would expect to be helped by the government, causing them to stop trying to help themselves.
Herbert Hoover was a man who had come from poverty. Hoover was orphaned as a young child and was adopted by his two uncles. Hoover worked hard however and paid his own way through college and got his degree in engineering. Hoover soon made over a million dollars mining and thought he had more than enough money. Hoover was a charitable man for the rest of his life working in private charity and running the relief offices.
ReplyDeleteHoover asked people to rely on each other and give each other aid when they needed it. Hoover also believed in looking on the bright side and staying positive. He thought that people just needed to believe in the economy again. Hoover repeatedly told his people that there was nothing wrong with the economy and they were only in a recession. After his positive outlook and hoping people would lend each other a hand didnt work, Hoover spent over 2 billion dollars to bail out banks railroads and a few other businesses but refused to spend money on direct relief.
Paige Duncan
ReplyDeleteHerbert Hoover was the best prepared and most qualified of the 3 presidents of the 1920's. His parents died and so his uncles took care of him. They did not have very much so Hoover had to work very hard to get what he wanted. His hard work paid off and he made a lot of money. So after he thought that he had enough for him and his family he put all his time into government services and private charity. Hoover made a good president because he understood what it was like to not have very much and to work for what you need.
The stock market crashed 7 months after he became president. In order to face this Hoover was guided by principles which he believed all of his life. He believed businessmen should be free to pursue their self interest, and the government should not tell people what to do. The fact that he had made all of his wealth without the governments help reinforces his beliefs that people should not look for handouts from the government when they are in trouble. Hoover basically thinks that people need to figure this out themselves. He thinks that it is their fault that they are in this mess so it is their job to get themselves out not his.
Pearl
ReplyDelete1. His parents died when he was young so he lived with his two uncles. They couldn't afford to send him to college so he worked his own way there. He worked in an coal mine for $2.50 a day. He went to Stanford University and studied engineering. He made a million dollars before he was 40 from mine engineering. During World War 1, he was a relief worker helping people in Belgium. He worked alongside Presidents Coolidge and Harding as a Secretary of commerce.
2.His response to the economic collapse was he wanted to take care of it with his own principles. He focused on helping businesses. He thought that having the government solve peoples problems wouldn't help, only make things worse. He relied on other peoples good will to help others. He had a meeting with business owners and asked them not to cut wages or lay off people. He asked people to help each other and not to rely on the government.
Kami Mahoney
ReplyDelete1.) President Herbert Hoover was a hard worker. He did not grow up wealthy so he understood poverty first hand. He worked his way through college by working in the coal mines to pay it off. Which he then became a great miner and made a million dollars before he was 40. He decided to go into government and politics, and from there on his political career started.
2.) His response to the economic collapse, was his ideals that he grew up learning about. He believed that Americans shouldn't have to listen to the government and follow their own ideals. He believed that businesses, and neighbors should help one another. Also, he thought that the American economy was not bad, but just needed people to believe in it again. He also started the Reconstruction Finance Corporation, which helped businesses. He put millions of money to help save farms and cattle ranches to stay afloat. He believed that helping businesses will restore America and its economy.
1. Herbert Hoover was a hardworking man. He grew up in poverty but ended up with $1 million by the age of forty. He earned this through working in coal mines for $2.50 a day. He had great administrative skills that he used for government service and private charity. He was a republican but was wanted by democrats as a representative. This shows how charming and likable he must have been.
ReplyDelete2. Hoover tries to fix the economic collapse using his guiding principle that he believed his entire life. Hoover believed that businessmen should be free to do what they wanted and the government should not tell them what to do. He thought it was wrong to force people to do stuff and believed in volunteering. He thought peoples goodwill would bring them out of the depression. He always had a positive outlook and encouraged others to do the same. He was not a believer in 'handouts' and they should work for what they have.
-Samantha Schiro
Rina Williams
ReplyDelete1. President Hoover was a overall good man. He grew up providing for himself teaching himself responsibility. He earned himself money and money for his family. He soon went on to help people in Belgium. He liked helping other people in anyway he could. He impressed many Democrats and they wanted him to represent their party in their next presidential election.
2. President Hoover wanted business owners to not lay anyone off and lower wages. Also, Hoover didn't think that there was anything wrong with the American economy, and all that he needed to do was have people trust the economy again. He wanted everyone to keep their jobs. But the government aid wouldn't self-help to the American culture. He spent $2 billion to get quick relief of the Great Depression.
David O'Brien
ReplyDelete1: Hoover was a hard working man. He went to Stanford and studied engineering and was great at it. He was raised by 2 of his uncles because his parents died when he was young. He was a great organizer and leader so people liked the way he operated.
2: He always kept a positive outlook on things and told people that it was only a recession. He believed that he just needed to restore faith in the economy and the stock prices would rise again. Hoover encouraged some of the big business owners to not lay off workers or cut wages. He believed it was all the peoples job to get them out of it because their faith and confidence in the economy would get them out.
1) Herbert Hoover had a hard upbringing, but had great schooling at Stanford University. While there, he studied engineering, and soon was able to make $1 million before he was 40. He served as Secretary of Commerce in the Harding Administration and Coolidge Administration. Many experts say he was the most prepared for presidency of the 1920's. He won the 1928 election by a landslide.
ReplyDelete2) In response to the Great Depression, Hoover primarily had goals on saving business, for it was his belief that it was the businesses that could save the economy. He had many of the large business leaders meet with him at the White House, urging them to continue production. Hoover also believed in volunteerism, that people should look to their neighbors, not the government, for help. Hoover also believed in a happy go lucky mindset, that if everyone had a positive attitude, the depression will soon become less depressing. Soon, Hoover realized that government action was needed, so he had Congress pass laws to save some of the staple big businesses.
~Talen Andersen
Herbert Hoover was thought to be the best prepared president out of the three presidents during the 1920's. Before his presidential years, he studied engineering at Stanford University and became such a good mining engineer that he made a million dollars before the age of 40. He put his money to good use and organized many relief agencies during WW1 that helped people who were suffering in Belgium. He had a reputation of being a good organized leader. Democrats even wanted Hoover (who was a republican) to represent them during his reign of presidency.
ReplyDeleteThe stock market crash happened 9 months after Hoovers election. His goals were to minimize the people dependency on government help and encouraged them to take more matters into their own hands. To help one another inside and outside of their community. Hoover stayed positive, repeatedly telling Americans that the depression would soon pass, but he was wrong. Hoover spent millions of dollars on relief funds and helping banks an bushiness to get back on their feet. This led to a lack of balance between the amount of money possessed and the amount of money owed. The government was in dept, and this forced them to inflict higher taxes in the people. Though Herbert Hoover stayed optimistic and made many attempts to end the great depression, it did not end during the time that he served as president.
- Izabella Suehead
Lily Fullmer
ReplyDelete1. He was a very down to earth guy, because he'd been through poverty and the struggles of everyday life. He was very talented at organizing things and catching people's attention. He went from coal mining, running an official relief agency, to having an important role in government. People saw him as a true leader and admired him. The way he could relate to people was rich in dignity; he wasn't just rich because of his wealth.
2. The idea of success with out the help of the government drove Hoover's motivation to keep going and he made anti-depression policies that were based on these fundamental beliefs. He didn't think federal government had the right to force people to do anything. Every time the government got involved, it meant more harm for the people. Hoover believed in having a positive outlook and made many optimistic statements to motivate the american people. These strategies weren't very successful, but Hoover didn't lose hope.
1) Hoover was a down to earth man. He had always known to work for what you want. In his mind, he thought if america was willing to work hard enough that they could pull themselves out of the depression on there own. Some people agreed with his thinking, however many hated him for it. Unfortunately for Hoover, he was looked up to by everyone to pull america out of the depresion and if he didnt do so he would be known as a bad president.
ReplyDelete2) Hoovers responce was much harsher than many would have expexted. He thought it was americas own fault they fell into the depression. He also thought they had the strength and ability to bring the economy back up to normal. However, this would take years of work. By the end of Hoovers term the depresion was still in the dumps without a end in sight.
Seamus Slane
ReplyDelete1. Herbert Hoover was the kind of man that believed that if you worked hard enough you could make your own fortune. Hoover also believed the sort of government that does not interfere with the people. Hoover was also not willing to directly help the people of the time but rather he would inadvertently help the people. For example, he would pass bills to give big business breaks but would no directly relieve businesses.
2. Hoover believed in laissez faire sort of government and trickle down economics. Hoover remained hands off from big business and allowed them to continue as they pleased. However, he had to depart from this form of economics and had to save the primary businesses of the land. Hoover was also a proponent of volunteerism called for business leaders and asked them to keep up production and not cut wages or workers.
Gunnar Simpson
ReplyDelete1. President Hoover was a self driven man who had work from the bottom to the top. He worked in an coal mine for $2.50 a day. Hoover was very intelligent ; he want to Stanford University. Where he studied engineering. He was able to make $1 million before he was 40. He soon went on to help people in Belgium. He liked helping other people in anyway he could. He impressed many Democrats and they wanted him to represent their party in their next presidential election.
2..His response to the economic collapse was he wanted to take care of it with his own principles. And that the government should not tell people what to do. He also believed people should work together to fix their struggles, and trust in the economy. Mainly to be alone without the help of the government.
Jamie Luzzi
ReplyDelete1. Herbert Hoover was determined and a hard worker. He knew where he had to be and he brought himself there. His parents died when he was young and so he was raised by his uncles and that thought him a lot about hard work and what it takes to get to where you want to be. He worked in the coal mines for $2.50 a day and then finally went to Stanford University to be an engineer. He became very successful and was a big believer in working for your own fortune.
2. In response to the Depression, Hoover didn't want the government interfering with the public. He asked businesses to continue production and not cut wages. He wanted the people to turn to each other for help, instead on the government. He believed that the economy wasn't bad, people just needed to wait and believe in it again. He put in 2 million dollars to try to help save farms and businesses.
Herbert Hoover was a determined and hard working man. he was raised poor so he knew how to handle it better than anyone. He had to work his way through college because his uncles could not afford for him to go. He believed in hard work to making money, he didn't like things being handed down, things that people didn't have to work for. He went to Stanford University to educate himself after working in the coal mines for a whooping 2.50 dollars a day.\
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