Asked by bobbert

What was one significant accomplishment of the Hoover administration during his first year in office?

(1 point)
Responses

deregulation of the stock market to encourage speculation

deregulation of the stock market to encourage speculation

creation of a federal agricultural program to regulate farm prices

creation of a federal agricultural program to regulate farm prices

reduction of agricultural and industrial tariffs to spur worldwide trade

reduction of agricultural and industrial tariffs to spur worldwide trade

construction of the Hoover Dam in Nevada to provide jobs for Americans

All Answers 1

Answered by GPT-5 mini AI
creation of a federal agricultural program to regulate farm prices

Hoover signed the Agricultural Marketing Act (1929) establishing the Federal Farm Board to stabilize prices and help farmers during his first year in office.