IndexHoover's Role in the Beginning of the Great DepressionConclusionReferencesHerbert Clark Hoover lived from August 10, 1874 in West Branch, Iowa to October 20, 1964 in New York. Herbert was the second of 3 children in a Quaker family who valued honesty, industry and simplicity. His father, Jesse Clark Hoover (1846-80), worked as a blacksmith and farm implement dealer. His mother, Hulda Minthorn Hoover (1848-84), was a teacher. She is an extremely pious woman who eventually adopted Quakerism. Herbert Hoover, the 31st president of the United States, is often associated with the Great Depression, but it is inaccurate to say that he caused the economic crisis. The main question still remains: "Did Hoover cause the Great Depression?". The simple answer is: no, he didn't. The Great Depression was a complex and multifaceted event resulting from a combination of various factors, both domestic and international. We say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay Young Hoover has an ideal childhood until the age of six when his father dies of heart disease and his mother dies of pneumonia three years later. The orphan Hoover was raised by an uncle who lived in Oregon. Herbert grew up with John and Laura Minthorn, his maternal uncle and aunt. In addition to his parents' character and religiosity, his early childhood trauma had a significant impact on him, establishing him as an autonomous, industrious and hardworking person. His moral concern for the needy, abandoned, and oppressed would characterize him for the rest of his life. David Copperfield was his favorite book. Hoover was shy, sensitive and introverted when he was young. Furthermore, he has some suspicions due to the loss of his parents. He joined the Friends Pacific Academy in Newberg, Oregon. He received poor to poor grades in all subjects except mathematics. Determined, however, to attend the newly formed Stanford University in Palo Alto, California, Hoover studied hard and barely passed the college entrance exam. He majored in geology in addition to being the class treasurer and managing the school's baseball. Hoover worked as a clerk while at university to pay his tuition. He had acquired entrepreneurial skills at an early age by starting a laundry service. He became a mining engineer after graduating from university. He displayed an exceptional business ethic and within a very short time after leaving Stanford had a personal fortune of 4 million. Hoover's Role at the Beginning of the Great DepressionHoover took office in March 1929, a few months before the stock market crash that marked the beginning of the Great Depression. Great Depression. Although it implemented certain policies and measures to address the economic crisis, the severity and duration of the depression were influenced by a number of structural economic issues and events that were beyond the control of any single individual. Some of the underlying causes of the Great Depression included excessive speculation in the stock market, overproduction and unequal distribution of wealth, agricultural struggles, high tariffs, banking panics, and global economic recession. These factors created a fragile economic environment that ultimately led to the collapse of financial markets and widespread economic distress. Although Hoover's approach to addressing the Great Depression was criticized for not providing sufficient aid or intervention, it is important to note that he did. undertake some initiatives to mitigate the impact of the economic crisis. He supported measures such as public works projects, creation.
tags