Is President Hoover a conservative?
Hoover won the Republican nomination in the 1928 presidential election, and decisively defeated the Democratic candidate, Al Smith. Hoover became increasingly conservative in this time, and he strongly criticized Roosevelt’s foreign policy and New Deal domestic agenda.
How did the Great Depression impact African Americans select the two correct answers?
The correct Answer is: A. Declining agricultural prices led to lower wages and massive layoffs.
Which group was hardest hit by the Great Depression?
The country’s most vulnerable populations, such as children, the elderly, and those subject to discrimination, like African Americans, were the hardest hit. Most white Americans felt entitled to what few jobs were available, leaving African Americans unable to find work, even in the jobs once considered their domain.
How did the Great Depression change the United States?
How did the Great Depression affect the American economy? In the United States, where the Depression was generally worst, industrial production between 1929 and 1933 fell by nearly 47 percent, gross domestic product (GDP) declined by 30 percent, and unemployment reached more than 20 percent.
Did World War I caused the Great Depression?
The depression was caused by a number of serious weaknesses in the economy. The lingering effects of World War I (1914-1918) caused economic problems in many countries, as Europe struggled to pay war debts and reparations. These problems contributed to the crisis that began the Great Depression.
What impact did the Wall Street crash have on international affairs?
As the world economies were linked through international business, the Wall Street Crash resulted in an international depression . As a result of this international depression, and the need for money at home, the USA called in their international loans. Germany was reliant on international loans and investment.
What was effect of the Great Depression on Latin American economies?
The reduced foreign demand for Latin American goods caused gold and foreign exchange to flow out of Latin America faster than they came in. Thus, internal deflation added to the impact of the collapse of exports. The collapse of exports led to a great fall in employment.
Did any countries do well during the Great Depression?
Every major currency left the gold standard during the Great Depression. Other countries, such as Italy and the US, remained on the gold standard into 1932 or 1933, while a few countries in the so-called “gold bloc”, led by France and including Poland, Belgium and Switzerland, stayed on the standard until 1935–36.
How hard was Mexico hit by the Great Depression?
The Great Depression brought Mexico a sharp drop in national income and internal demand after 1929, challenging the country’s ability to fulfill its constitutional mandate to promote social equity. Still, Mexico did not feel the effects of the Great Depression as directly as some other countries did.