How did president Hoover attempt to solve the Great Depression

The steps Hoover did ultimately take were too little, too late. He created programs for putting people back to work and helping beleaguered local and state charities with aid. But the programs were small in scale and highly specific as to who could benefit, and they only touched a small percentage of those in need. As the Great Depression worsened, however, charitable organizations were simply overwhelmed by the magnitude of the problem, and Hoover tried new ideas to stimulate the economy:

Explanation:

The Reconstruction Finance Corporation (RFC) (1932) provided railroads, banks, and other financial institutions with money for loans.

The Glass-Steagall Act (1932) made getting commercial credit easier and released $750 million in gold reserves for additional business loans.

The Emergency Relief and Construction Act (1932) provided funds to the RFC to make loans for relief to the states and included additional money for local, state, and federal public works projects.

Despite Hoover's efforts to revitalize the economy, the public blamed him for the Great Depression — and the Republicans lost control of both Congress and the White House for almost two decades.

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