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How did president hoover initially respond to the stock market crash?

A. By extending loans to farmers about to lose their homes
B. By shutting down the stock market and setting out a plan for recovery
C. By being optimistic and downplaying the severity of the situation
D. By immediately addressing congress in order to seek relief for families​

User Akhansari
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2 Answers

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26 votes

Answer:

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.

Explanation:]

Heres the lettter nswer D

User Paddyg
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22 votes

Answer: C

Step-by-step explanation:

User Amrik
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