The graph only shows spending, not deficits, so Hoover's efforts are inconclusive. Spending rises after 1933, suggesting New Deal programs expanded government size.
Based on the graph, we can infer that the crash of the U.S. stock market was felt throughout all sectors of the American economy. This is because federal spending decreased significantly from 1929 to 1933. This decrease in spending suggests that businesses were not investing and consumers were not spending money. This is likely due to the fact that many people lost their jobs and savings in the stock market crash.
We cannot infer from the graph that Hoover's attempts at ending the Great Depression resulted in enormous government deficits. The graph only shows federal spending, not the government's budget deficit. However, it is likely that Hoover's attempts at ending the Depression did result in government deficits, as he enacted a number of programs designed to provide relief to the unemployed and stimulate the economy.
We can infer from the graph that over the course of the decade, New Deal programs caused the size of the federal government to expand. This is because federal spending increased significantly from 1933 to 1939. This increase in spending is likely due to the New Deal programs that were enacted during this time period. These programs included the Civilian Conservation Corps, the Works Progress Administration, and the Social Security Administration.
We cannot infer from the graph that government spending was greater over the entire decade due to the mobilization effort in preparation for war with Germany. The graph only shows federal spending from 1928 to 1939. World War II did not begin until 1939, so the mobilization effort would not have had a significant impact on federal spending during this time period.
In conclusion, we can infer from the graph that the crash of the U.S. stock market was felt throughout all sectors of the American economy and that over the course of the decade, New Deal programs caused the size of the federal government to expand. We cannot infer from the graph that Hoover's attempts at ending the Great Depression resulted in enormous government deficits or that government spending was greater over the entire decade due to the mobilization effort in preparation for war with Germany.