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Efforts to fight depression

Efforts to fight depression   When the depression started in 1929 majority of the American Treaty is lightly and compared it with a hurricane or a blizzard which would soon pass. Hoover also believe that depression was caused by fear and try to restore confidence in the people by pointing out that ‘Prosperity is just […]

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Causes of depression

Causes of depression   The Economist and historians have not yet been able to reach an agreement regarding the cause of the depression. Some say that  the depression was primarily an American phenomenon and the economic setback suffered by other countries steamed largely from the policies adopted in United States. They hold that the European […]

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Hoover and depression

Hoover and depression “We in America today are nearer to the final, triumph over poverty than ever before in the history of any land”. Hoover  Birth- West Branch, Lowa in 1874 lost his parents at the age of 10 he was brought up by his uncle Studies- mining engineering from Levland  Stanford University When the […]

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