Which president presided over the stock market crash of 1929?

Prepare for the 11th Grade U.S. History STAAR Test with multiple-choice questions and detailed explanations. Enhance your knowledge and excel in your exam!

Multiple Choice

Which president presided over the stock market crash of 1929?

Explanation:
Herbert Hoover is the president who presided over the stock market crash of 1929. He had just taken office in March 1929, so the crash in October of that year happened early in his term. This event is commonly seen as the start of the Great Depression, marking a turning point from the prosperity of the 1920s to hard economic times in the 1930s. The other names served before or after Hoover—Harding in the early 1920s, Coolidge through most of the 1920s, and Roosevelt not until 1933—so Hoover is the one associated with the crash itself.

Herbert Hoover is the president who presided over the stock market crash of 1929. He had just taken office in March 1929, so the crash in October of that year happened early in his term. This event is commonly seen as the start of the Great Depression, marking a turning point from the prosperity of the 1920s to hard economic times in the 1930s. The other names served before or after Hoover—Harding in the early 1920s, Coolidge through most of the 1920s, and Roosevelt not until 1933—so Hoover is the one associated with the crash itself.

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy