Question

hoovers presidency quiz
american history academic (part b) pva (acc.ed) (sp26) / the great de...
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1. how did hoover plan to jump-start big business?

by asking big corporations to hold wages steady at 1929 rates
by asking labor unions to call off any strikes they had planned
by asking big corporations to give their workers pay raises
by asking the federal government for loans to big business

Explanation:

Herbert Hoover favored voluntary cooperation between businesses and the government during the early Great Depression. He urged major corporations to keep wages at their 1929 levels to maintain consumer purchasing power, which he believed would stabilize and jump-start big business. He opposed direct federal aid or intervention like government loans, and did not ask for pay raises or for unions to cancel strikes as a core measure for businesses.

Answer:

A. by asking big corporations to hold wages steady at 1929 rates