Question

President hoover responded to the onset of the depression by

Answer 1

President Hoover responded to the Great Depression by initially relying on American individualism and limited government intervention, but later expanded public works programs and created the RFC to issue loans.

Step-by-step explanation:

President Hoover responded to the onset of the Great Depression by initially relying on his belief in American individualism and limited government intervention. He asked individuals to work harder and the business community to voluntarily sustain the economy. However, as the crisis worsened, Hoover expanded public works programs, passed a tax cut, and created the Reconstruction Finance Corporation (RFC) to issue loans to businesses. Despite these efforts, Hoover's response was criticized for being inadequate to address the social and economic consequences of the Depression.

Answer 2

Direct federal relief to the unemployed ran counter to President Herbert Hoover's strong beliefs about the limited role of government. As a result, he responded to the economic crisis with a goal of getting people back to work rather than directly granting relief. In October 1930, he established the President's Emergency Committee for Employment (later renamed the President's Organization for Unemployment Relief) to coordinate the efforts of local welfare agencies.