Wednesday, May 6, 2020

The Great Depression President s Franklin Roosevelt And...

M†Lynne McMillan Morgan Ricks History 2223 31 March 2015 The Great Depression President s Franklin Roosevelt and Herbert Hoover were both faced with the challenge of the Great Depression, and if the were here today I feel they would each deal with the healthcare issue in America in different ways. Each president handled this massive challenge in very different ways. Today, a lot of controversy is on our nation’s health care, and the Obamacare Act. In my opinion, Roosevelt would more than likely help encourage this act, while Hoover on the other hand, would not be so pleased with what it had to offer. In 1929, seven months into Hoover’s Presidency, the stock market crashed and this marked the beginning of what became known as the â€Å"Great Depression†. Hoover, at the time, believed this was just a small bump in the road, and in no time things would be back to normal (Responses to the Great).. He soon realized this was a great deal bigger and calls grew to him to increase spending and the intervention of the federal go vernment. Hoover denied involving the federal government in fear of controlled businesses, forced fixed prices, and the manipulated value of currency (digitalhistory.uh). Hoover felt involving the federal government would be just moving the country closer to socialism. He did give indirect aid to local public works projects and banks. He refused to use money from the federal government for direct aid to the citizens. He did believe the dole would weakenShow MoreRelatedThe 1930S, Also Known As The Era Of The Great Depression,968 Words   |  4 Pages1930s, also known as the era of the Great Depression, was a hard time not only in the United States, but all throughout the world. However, the United States was not just struggling financially, but had conflicting morales. 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