50.6k views
3 votes
As the united states slipped into the great depression in the early 1930s, president hoover's most generous response was to lend government funds to

1 Answer

1 vote
President's Hoover's most generous response following the great depression in the early 1930's was lending government funds to financial institutions such as credit bureaus, banks, as well as insurance companies through the Reconstruction Finance Corporation formulated in 1932.
User Alfonso
by
6.3k points