Following the stock market crash in 1929, President Hoover was criticized for
A) declaring a bank holiday and ordering banks to close.
B) waiting for the economy to come out of the Depression
C) starting many new programs without Congress' approval.
D) his insistence on increasing spending on the military.

Respuesta :

B) waiting for the economy to come out of the Depression

Soon after the American President Herber Hoover took office in 1929, the U.S. stock market crashed and the Great Depression started in the U.S., affecting severely its economy and American families.

Hoover was harshly criticized for not recognizing the severity of the situation and for not undertaking enough measures to address the crisis. As a conservative politician, he believed that too much federal intervention was a threat to capitalism and individualism and instead, he promoted the idea that it was states and people themselves who had to provide relief to struggling people.

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