“I have no fear for the future of the country. It is bright with hope.” Once said Herbert Hoover, 31st president of the United States. So far, so good. However, I wish I had a Time Machine and could travel to 1929 and ask him: “How about now?”
Herbert Clark Hoover, was born in Iowa and he was a Republican. He only president for one term.
He was a self-made multimillionaire as a mining engineer and his public service with several war relief agencies earned him a great respect well before he became president. He served in politics as a Secretary of Commerce for president Harding and president Coolidge during the 1920s and was elected president in 1928. Despite his success in commerce and business, he faced one of the most serious economic crisis in American history. The crash of stock market in October 1929 and the Great Depression that followed it, caught him in the first year of his presidency.
Hoover’s term was covered with challenges. Raise of Hitler’s fascist forces in Europe, high unemployment rate, public suffering from starvation and shut down of entire school systems due to lack of funds are only a few to mention.
Although he was not the most popular president because of Great Depression, he established some of the main foundation of effective business models for government that are still popular.