How Did Hoover Contribute To The Economic Crisis Of The 1930s

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. The Great Depression, also known as the "economic crisis of the 1930s", is the period of world history that goes to the crash of 1929 in the United States until the Second World War. Preceded by the mighty expansion of the 1920s, it is the largest economic depression of the twentieth century, which accompanied a major deflation and an explosion of unemployment and pushed the authorities to a deep reform of the financial markets. Herbert Hoover, the 31st president of the united states, was Born in 1874 and passed away in 1964, elected in 1929 and in office until 1933. He was a republican and his name is always related to the great depression. As a president, he had different foreign and domestic policies. But what was mostly controlled and …show more content…

Herbert Hoover’s foreign policies were marked by desire to make friends and avoid war according to an article written in 2002 and which was manifested in his relationship with Latin America, Europe, and Asia. But he did not only work on foreign policies but also on domestic policies to help the country which was struggling at that time.
Hoover's foreign policy is designed to avoid the effects of the Great Depression on the global economy. He proposes the suspension of the reimbursements and war damages related to the 1918 peace agreements at the 1932 Lausanne Conference. Under Hoover, the United States participates in the World Conference on Disarmament, organized by the League of Nations. The Hoover administration is preparing a disarmament plan, which is published in June 1932. The publication of the plan also aimed to improve the balance sheet of President Hoover's foreign policy, a few months before the US presidential election. Following his election, Hoover had several months before becoming president. He took advantage of this time to travel to Latin America …show more content…

His relationship with Latin America, Europe, and Asia were a big part of his foreign policies since he wanted to search for solutions and to resolve problems in a friendly way more than in power. Herbert Hoover, the 31st President of the United States, took office in 1929, the year the US economy plunged into the Great Depression. Although the policies of his predecessors undoubtedly contributed to the crisis, which lasted more than a decade, in the minds of the American people, Hoover bore much of the responsibility. when elected under the Republican label, the economy is relatively flourishing, and optimism prevails. A few months later, the New York Stock Exchange collapses and the Great Depression begins. Hoover tries without success to stop it and has been criticized for his inaction in the face of the crisis. The democrat Franklin D. Roosevelt succeeds him

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