ipl-logo

Compare And Contrast Hoover And Fdr

862 Words4 Pages

Fighting the Depression:

Following the Great Depression and the crash of the Stock Market in 1929, both Herbert Hoover and Franklin Delano Roosevelt took action by establishing relief programs to help cope with the difficulties that were faced during those rough times. They both had similar goals, but different relief programs. Hoover thought that his methods were best for the long-run, while on the other hand, FDR wanted to provide help to those who were just affected by the Great Depression. The overall effectiveness of the economic programs initiated by Hoover and FDR can be determined by analyzing the outcomes of The New Deal, Second New Deal, FDR’s Recession, and policies …show more content…

With that in mind, FDR established the Federal Deposit Insurance Corporation (FDIC) in that it gave people confidence in the economy, and ensured Americans that their money would be in a safe place. People also began to involve themselves more in the Stock Market which allowed the business market to thrive. The establishment of the Tennessee Valley Authority (TVA) was effective in which it established jobs, and promised Southerners cheap, affordable power including the construction of dams. FDR also used this program to renourish the Tennessee River Valley. Being that the Civilian Conservation Corps (CCC) was FDR’s favorite New Deal program, the CCC provided jobs to over 2 million people who were devastated by the depression and also contributed to living a better life for those who suffered from the …show more content…

Hoover organized the Reconstruction Finance Corporation (RFC) which did not work out the way he intended. People who needed aid did not receive it, and also banks gave money to businesses but those businesses did not use it appropriately. After the downfall of that, Hoover came up with a new idea that he thought would benefit people in the long-run. The Hoover Dam was crafted to provide relief and jobs for those who were in need. It was the one project well-established by Hoover. With the construction of the Hoover Dam, the employment rate increased and people found stability. The other program Hoover developed but also was not effective was the Hawley-Smoot Tariff. This tariff destroyed international trade and even worse it damaged global economy because it terminated international trade at the time. This tariff not only devastated certain businesses that were thriving but also recreated problems experienced during the Great

Show More
Related

  • How Did The Yuma Project Have Both Positive And Negative Effects On Yuma County?

    1448 Words  | 6 Pages

    The dam had made the water so shallow that steamboats were not able to travel safely up the stream. There are some positives that The Hoover dam was built and the one thing that it help us do was helped control the colorado river. It helped the people save a large amount of money and it also helps so that the people do not have to spend it on distillation. “It saves the county money so they don't spend it on distillation.” The crops in Yuma are able to be saved because there are not any unpredictable massive floods.

    Read More

  • The New Deal Dbq

    605 Words  | 3 Pages

    When president Herbert Hoover wasn’t making a big difference in helping Americans throughout The Great Depression, Franklin D. Roosevelt decided that there needed to be a change called The New Deal. The New Deal was successful because it created jobs for people and helped farmers. Creating jobs for many people was a positive

    Read More

  • How Did Herbert Hoover Serve As A President During The Great Depression

    1434 Words  | 6 Pages

    However, he had very different opinions on how the economic state of America should be helped. United States History & Government: Constitutional & Geopolitical Patterns, 2001 had stated about Hoover, “... Republicans followed a trickle-down theory… if government legislation protected the wealth of big corporations and the well-to-do, their continued investments would expand the economy and a better life would ‘trickle down’ to workers and consumers in general” (Document 5). President Hoover believed that the government's involvement in forcing fixed prices, controlling businesses, or manipulating the value of the currency, all of which would eventually led towards

    Read More

  • Domestic Political Conservatism And Economic Prosperity Of The 1920s

    1962 Words  | 8 Pages

    Critics noted that he could feed millions in foreign countries but not millions at home in America. Hoover did not believe in government tampering with the economic machine and thus moving away from laissez-faire, he felt that depressions like this were simply parts of the natural economic process, which was called the business cycle. However, by the end of his term, he had started to take steps for the government to help the people. Finally, Hoover voted to withdraw $2.25 billion to start projects to alleviate the suffering of the depression. This project on the Colorado River was one such example, The Muscle Shoals Bill, which was designed to build a dam on this river and was ultimately embraced by this authority, but was vetoed by Hoover.

    Read More

  • Herbert Hoover Rhetorical Analysis Essay

    1080 Words  | 5 Pages

    Herbert Hoover’s presidency is associated with the Great Depression seeing that eight months into his term, the stock market collapsed starting an economic depression that would leave 23% of Americans unemployed by 1932. Hoover failed to take the actions needed to help the country initially, however in his annual speech to Congress in 1932, Hoover discusses three directions in which the government can take to aid the rebuilding of the economy. When the United States Stock Market crashed in October 1929 and the country began its ten year Depression, businesses and banks began closing left and right. This caused many Americans to lose their jobs and created massive amounts of poverty throughout the country. Prices became inflated and simple,

    Read More

  • President Hoover Dbq Essay

    1081 Words  | 5 Pages

    As someone who had always struggled financially throughout his life, he felt he could bring America back up from the depression, as seen in Document 4. Hoover is pulling up America from a waterfall as Europe keeps falling with no help, representing America striving for recovery and Europe’s past recession. A conservative idea seen by Hoover was his belief in rugged individualism, he believed that the Americans should help themselves from the despair of the Great Depression. He also believed that the people should not rely solely on the government’s assistance and the government should not overly aid the people. In Document 2, it is seen that Hoover felt the most effective way for the Americans to end the depression was to volunteer themselves into community services.

    Read More

  • Herbert Hoover's Major Accomplishments

    721 Words  | 3 Pages

    He had wanted to keep money in people's pockets and try to keep people working. He had tried to persuade business leaders to not cut wagers or lay off workers (Biography.com Editors, 5). Hoover had considered a limited role for government and worried that excessive federal intervention posed a threat to capitalism. He vetoed several bills that would have provided direct relief to struggling Americans (History.com Staff, 8). Most of Hoover's idea’s hadn’t helped the Great Depression, in some people's options he had just made it much worse (Biography.com Editors, 5).

    Read More

  • Herbert Hoover Accomplishments

    1069 Words  | 5 Pages

    He advocated for a policy of disarmament and he also tried to extend the works of the Washington Naval Conference. He was against the Japanese takeover of Manchuria with the Hoover Stimson doctrine. In the conflict between Chile and Peru over their border Hoover helped mediate and settle the dispute. He was great with foreign relations, and he even did a goodwill tour of Latin America. These accomplishments would not last very long though.

    Read More

  • Herbert Hoover Accomplishments

    906 Words  | 4 Pages

    After the war he served as the head of the American Relief Administration which helped feed starving, post WWI, European countries. After his efforts, President Warren Harding picked Hoover to be his secretary of commerce, as did President Calvin Coolidge after him. While being secretary of commerce he helped accomplish projects such as the St. Lawrence Seaway and the Hoover Dam. (Whitehouse.gov, Biography.com, and

    Read More

  • Herbert Hoover's Response To The Great Depression

    479 Words  | 2 Pages

    During the great depression Hoover tried to take action by, “Hoover’s response to the crisis was constrained by his conservative political philosophy. He believed in a limited role for government and worried that excessive federal intervention posed a

    Read More

  • Herbert Hoover Accomplishments

    1365 Words  | 6 Pages

    Many of Herbert Hoover’s accomplishment were because humanitarianism and the importance of the welfare for the citizens of the country. Before and After World War I, “Hoover supervised and organized food relief efforts in the countries abroad that were life devastated by the war” (Truslow). He contributed to feeding the thousands of individuals that return to the United States from war. Following the World War II, hoover helped many families and individuals from ten states after a damaging flood of the Mississippi river that impacted the food

    Read More

  • New Deal Dbq Essay

    564 Words  | 3 Pages

    The programs created by the New Deal satisfied the needs of citizens, even though several thought Roosevelt was overstepping his power. Roosevelt’s administration was not very effective in ending the Great Depression, however, some of the programs did help relieve

    Read More

  • Essay Comparing President Hoover's Response To The Great Depression

    1974 Words  | 8 Pages

     Hoover is often blamed for not doing anything to end the Great Depression, but he actually did try to use the government to create infrastructure projects, thus creating jobs. Like the Hoover Dam and the Reconstruction Finance Corporation to try to end the Depression. There are two major differences between their approaches.  One is that President Roosevelt was willing to do more than President Hoover to combat the Great Depression.  Roosevelt was willing to let the government become more involved in the economy.

    Read More

  • Franklin D. Roosevelt And Herbert Hoover During The Great Depression

    270 Words  | 2 Pages

    The Great Depression was a time during 1929 to 1939, It was the longest lasting economic disaster. The two presidents in term during this crisis, Franklin D. Roosevelt and Herbert Hoover, approached this problem in different ways. Hoover’s idea on this was to have private citizens help each others, while Roosevelt believed the government should take care of its people with social programs. Looking at these ideas in more depth we can infer ways our country should go. Herbert Hoover served as president during 1929 to 1933.

    Read More

  • How The Cultural View Of Books And Movies That Led To The Great Depression

    475 Words  | 2 Pages

    President Hoover believed that people could recuperate by budgeting better and working harder without government regulation and intervention

    Read More

More about Compare And Contrast Hoover And Fdr

Open Document