Asked by Selam Feaster on Jul 13, 2024
Verified
How did president Herbert Hoover assess the state of the economy in December 1931?
A) All that Americans had to fear was fear itself.
B) The fundamentals of the economy were sound.
C) The nation was ripe for reform and bold experiments.
D) The only way out was liquidation of all assets, and of labor.
Herbert Hoover
The 31st President of the United States (1929-1933), known for his handling of the Great Depression, his humanitarian efforts, and his engineering career.
Economy Assessment
The process of analyzing various economic indicators, trends, and data to gauge the overall health and performance of an economy.
Fear Itself
An abstract concept implying that fear, especially unfounded or irrational fear, can be as dangerous or debilitating as the object of that fear.
- Comprehend the economic conditions and political responses in the United States during the Great Depression, including the role and perspectives of President Herbert Hoover.
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Learning Objectives
- Comprehend the economic conditions and political responses in the United States during the Great Depression, including the role and perspectives of President Herbert Hoover.
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