What are the similarities and differences between President Hoover’s response to the stock market crash of 1929 and his response to the Great Depression in the early 1930s?
1 Answer
Apr 25, 2018
They were the same
Explanation:
The stock market crash is what triggered the Great Depression. Therefore his reactions to both were identical, according to Democrats and Keynesians he did not react whereas Libertarians accused him of having worsened the situation by intervening with protectionism for instance.
