The United States of America, 1919 – 1941 – Sources Question

(a) (i) President vacuum-clean melodic theme that the causes of the first of the 29 werent because of the the States modify m integrityy to Germ whatever, or because of the Dawes Plan, or any other reason that king blame the ground forces. He thought that strong the other countries had the fault or were to be blamed because of the Depression of the 29. I count that he thought that way because as he was President from the USA, he was evidently going to defend his country and secernate that his country had been a victim of either the other countries and problems of other parts of the world.(ii) In source B, the historiographer who wrote that thinks almost solely different than President Hoover. You can clearly nonice the different opinions, as in source B, it severalizes that the W whole Street scare off was the main(prenominal) cause of the economic Depression of 1929, the historiographer seems to be sure nearly it. And in source A, Hoover says that, as I have alre ady mentioned before, the USA had absolutely no fault at all of the Depression. Because of these reasons, I can equation both sources and get to the conclusion that the historian of source B did not look into at all with the opinions expressed in source A.(iii) In my opinion, source B is much more reliable and trustworthy, because the historian who wrote that did it in 1984, and it had been a long clipping since the war finished, and he could tumble all the sources and evidence together. I think that is easier to analyze everything in cold, rather than in hot. I mean that is smash to do it after it had happened, than meanwhile it is happening. Also, one thing that is very important is that the historian was, probably, more objective that the President. Because Hoover had so much pressure that he couldnt say that the USA had the fault of the Depression so far though he thought that it rattling did. So, I think that source B is more useful than the other as evidence of the caus es of the Depression.(b) (i) One reason why agriculture did not share in the 1920s boom was because of the loss of the europiuman grocery. During the war America had shipped millions of tons of corpuscle to Europe. Europe ha become the main market for American farm exports. upright now the First World War had so bankrupted Europe that few Europeans could ease up to debauch American farm produce any longer. Also, the tariff barriers put up by the Re customaryans to protect American industries made Europe poorer still so it could not afford American produce. Another reason is that American farmers were also struggling against competition from the exceedingly efficient Canadian wheat producers. totally of this came at a time when the macrocosm of the USA was actually falling and thither were fewer mouths to feed.(ii) The debate Street smash-up began as a form market and financial crisis, especially with the crisis of the brand-new York striving exchange. In October 1929 the Wall Street stock market crashed, the American economy collapsed, and the USA entered a long low which done for(p) much of the prosperity of the 1920s. The falloff passed from finance to industry and from USA to the whole world. Export of American capital came to an end.(iii) The Wall Street Crash lead to a collapse of the US economy because Americans, with their incomes low, couldnt pervert foreign goods. People couldnt collect the bullion they were owed or the money they thought they had in the bank. People could not buy so factories could not sell. Unemployment grew rapidly skills of older mint grew rusty and young wad had no opportunity to learn. This made the people belief discouraged and frustrated, so they turned to new and disturbing political ideas. Optimists, including Hoover, thought that the embossment was only a low predict in the business cycle, and that Prosperity was just around the corner. But others believed that the depression meant the breakd featu re of the whole system of capitalism.(iv) Hoover was regarded as a do energy President. He tried to encourage the US export trade although without much success. steady more damaging to Hoovers reputation, was how little he tried to help those who were suffering because of the Depression. He believed that social security was not the righteousness of the Government. Hoover appeared to be heartless and neutral to the suffering of the American people. There could not be a greater melodic phrase to Hoover than his opponent, the Democrat candidate, Franklin D. Roosevelt, who believed strongly in active government trying to reform the lives of ordinary people had plans to spend public money on getting people back to work. As Governor of New York he had already started doing this on his own state. He was not afraid to inquire on advice on important issues from a wide range of experts such as factory, union leaders or economists.