Within two days of that prices began to drop. ... Four days later the market would fall again. ... Hoover founded government agencies, encouraged labor harmony, supported local aid for public works, fostered cooperation between government and business in order to stabilize prices, and struggle to balance the budget. ... He was inclined to give indirect aid to banks or local public works projects, but he refused to use federal money for direct aid to citizens, believing it would weaken public morale. ...

• Word Count: 2613
• Approx Pages: 10
• Has Bibliography
• Grade Level: High School