How important were republican reactions to the wall street crash as causes of Roosevelt's succes in the presidential election on 1932?
When the wall street crash took place, Hoover and the republicans were in power. They set up some measures to solve the problem. That same year, Roosevely won the presidential elections. There are some arguments that this was because the measures the republicans took.
In regards the measures, we can mention that he cut taxes to stimulate people to buy more goods, he also persuaded bussines leaders not to cut wages, he set up the reconstuction finance company, he stoped banks from banckrupt, he also introduced tarifs to protect industries, but it made it worse. Hoover believed that all this economic problems were European's fault. In addition the government didn't intervened, they thought that prosperity would came back alone. He neither helped people of suffering depression, Hoover thought that if he helped them they would became less independet and less willing to work.
Although the measures Hoover took, he was known as the president of "doing nothing", american people used the frase "in Hoover we trusted and now we busted". It is said that all the measures he set damage his reputation, although what ended up destroying it was an event when services who had fought in the war asking for their war bonuses in front of the white house. Hoover refused to meet them and send Mac Arthur who didn't treat the people with respect. Roosevelt, Hoover's oponent promised people to improve ordinaries people life, spending money on getting people back to work, getting back industry and agriculture on their feet and providing relief for the old, sick and unemployed. That were all the things Hoover wasn't doing and people needed.
To conclude, we can say that all the measures Hoover and the republicans took to solve the problem additionaly with the things Roosevelt promised, a new deal, to improved the country, people's life and taking out american people out of depression, since Hoover was not helping at all, ended up causing Roosevelt's rise to power in the 1932's.
In regards the measures, we can mention that he cut taxes to stimulate people to buy more goods, he also persuaded bussines leaders not to cut wages, he set up the reconstuction finance company, he stoped banks from banckrupt, he also introduced tarifs to protect industries, but it made it worse. Hoover believed that all this economic problems were European's fault. In addition the government didn't intervened, they thought that prosperity would came back alone. He neither helped people of suffering depression, Hoover thought that if he helped them they would became less independet and less willing to work.
Although the measures Hoover took, he was known as the president of "doing nothing", american people used the frase "in Hoover we trusted and now we busted". It is said that all the measures he set damage his reputation, although what ended up destroying it was an event when services who had fought in the war asking for their war bonuses in front of the white house. Hoover refused to meet them and send Mac Arthur who didn't treat the people with respect. Roosevelt, Hoover's oponent promised people to improve ordinaries people life, spending money on getting people back to work, getting back industry and agriculture on their feet and providing relief for the old, sick and unemployed. That were all the things Hoover wasn't doing and people needed.
To conclude, we can say that all the measures Hoover and the republicans took to solve the problem additionaly with the things Roosevelt promised, a new deal, to improved the country, people's life and taking out american people out of depression, since Hoover was not helping at all, ended up causing Roosevelt's rise to power in the 1932's.
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