what was one significant accomplishment of the hoover administration during his first year in office? (1…
what was one significant accomplishment of the hoover administration during his first year in office? (1 point) deregulation of the stock market to encourage speculation creation of a federal agricultural program to regulate farm prices reduction of agricultural and industrial tariffs to spur worldwide trade construction of the hoover dam in nevada to provide jobs for americans
Answer
Brief Explanations:
In his first - year in office, Hoover created the Federal Farm Board as part of a federal agricultural program to regulate farm prices. The stock market deregulation was not a Hoover accomplishment and was a contributing factor to the Great Depression. Tariffs were actually increased under Hoover with the Smoot - Hawley Tariff Act, not reduced. The construction of the Hoover Dam began in 1931, which was not in his first year in office (he took office in 1929).
Answer:
creation of a federal agricultural program to regulate farm prices