Hello, one out of five
banks in the United States filed from the years of 1930 to 1933 User:
Who was president during the early years of the Great Depression?
A. Herbert Hoover
B. Calvin Coolidge
C. Warren G. Harding
D. Woodrow Wilson
What did Herbert Hoover initially believe about the federal government's role in the Great Depression?
A. The federal government should spend massive amounts of money to get the economy back on its feet.
B. The federal government could not and should not solve the economic crisis.
C. The federal government should bail out the banks and brokerage firms on Wall Street in order to help Main Street.
D. The federal government could and should give handouts to the unemployed so they can stay afloat during the depression.
The federal government should spend massive amounts of money to get the economy back on its feet. User:
What was the nickname given to the shanty towns that sprung up during the Great Depression?
A. the down-and-outs
What was the unemployment rate during the height of the Great Depression?
A. 5 percent
B. 5 percent
C. 25 percent
D. 50 percent