Hoover Roosevelt Comparison

University of Phoenix Material

The Great Depression

Part 1

Complete the chart by filling in each president’s views on the Great Depression.

| |Herbert Hoover |Franklin Delano Roosevelt |

| |World War I, the instability of American |Roosevelt thought excessive competition |

| |Banking, and excessive stock speculation |was the cause of the Great Depression. |

|Causes of the Great Depression |were what Hoover thought caused the Great |The reduction of prices, wages, extension |

| |Depression. He could not get Congress to |of reducing employment, and demand for |

| |act on many of his proposals. |goods and services. |

| | | |

| |Hoover believed that the citizens, |In his inaugural speech, Roosevelt |

| |businesses, and government should work |declared, “The only thing to fear is fear |

|General description of response to |together to overcome the depression. He |itself”. He wanted to reassure the |

|Depression |also believed the Federal Government |people of America about the future of the |

| |should not come to the aid of the people. |country. He came up with the “New Deal” to|

| |He urged business leaders not to layoff or|regulate the economy, provide national |

| |cut wages of workers. |recovery, and create a social safety net |...