Asked by IGotYa
Which of the following policies reflects the way President Hoover's initial response to the Great Depression was abandoned and how he tried a new approach? a. He developed many public works programs that were sponsored by the government. b. He appealed to pass the Reconstruction Finance Corporation to help revive businesses. c. He gave his political support to the veterans in the Bonus Army. d. He encouraged citizens with food to spare to donate to local soup kitchens.
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b. He appealed to pass the Reconstruction Finance Corporation to help revive businesses.
Hoover initially relied on voluntary cooperation and limited federal action; as the Depression worsened he shifted to direct federal intervention, creating the RFC in 1932 to lend to banks, railroads, and businesses.
Hoover initially relied on voluntary cooperation and limited federal action; as the Depression worsened he shifted to direct federal intervention, creating the RFC in 1932 to lend to banks, railroads, and businesses.
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