What are some Domestic Policies of Herbert C Hoover?
Issues due to The Great Depression dominated Hoover’s Presidency. The country had very low morale as technologies such as the radio and movies informed the public of the difficulties the country was facing. October 29, 1929 the stock crashed causing the spark of the Great Depression. It was caused mainly due to the debts of farmers, and the over speculation of the stock market. This then lead to the unemployed of close to 15 million people, up to ΒΌ of farms went bankrupt and were taken away because farmers could not pay taxes or their mortgages, causing a third of railroads to become bankrupt and over 5500 banks closed down. Hoover’s ideas to end the Great Depression were for everybody to help themselves other then the government. Once he saw the Depression become more intense, he then moved on to passing bills to improve the homing establishments of the poor. In 1930, Hoover established a public works program with a budget of $150 million. Then in 1932, the Reconstruction Finance Corp
