Why did Hoover not respond to the Great Depression?
He thought the economy would recover soon or He thought government intervention would ruin rugged individualism and Americans spirit to help themselves.
During the Great Depression, United States companies stopped investing the the ________ (country) economy, which greatly affected the world economy.
What is Germany. U.S. providing low-interest loans to Germany and many American businesses were investing there. When this stopped, Germany couldn't pay their reparations to Britain and France, Britain and France therefore could not repay their loans to the United States.
This was the term for farmers who left the Great Plains during the Dust Bowl and went to California.
What is Okies?
What was the unemployment rate during the Great Depression?
25% or 1 in 4 were out of work.
Hoover's idea that businesses and government could form voluntary groups to make the economy successful and efficient were called _________.
What is the associative state?