Question

In 3 sentences, describe the Hoover (legacy)) administration's initial response to the Great Depression. Choose 2 examples . Write in 8th grader’s responses

Answer 1

When the Great Depression began, President Hoover tried to reassure the American people that the economy would recover quickly. One of his first responses was to encourage businesses to maintain wages and employment instead of laying off workers. He also created the Reconstruction Finance Corporation to provide loans to banks and businesses in hopes of stabilizing the economy.