Social Studies, 27.08.2019 19:10 gaberamos973

What was one significant accomplishment of the hoover administration during his first year in office?
a.
deregulation of the stock market to encourage speculation
b.
creation of a federal agricultural program to regulate farm prices
c.
reduction of agricultural and industrial tariffs to spur worldwide trade
d.
construction of the hoover dam in nevada to provide jobs for americans

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The best answer to your question: What was one significant accomplishment of the Hoover administration during his first year in office, would be, B: Creation of a federal agricultural program to regulate farm prices.

Explanation:

Herbert Hoover became the 31st president of the United States right when the country, and the world, was on the verge of a major financial crisis; the Great Depression. Although Hoover attempted several policies to try and help change the situation, both his conservative views on government interventionism, and other factors, prevented these policies from having the desired effect. Among the many areas of American life in which Hoover attempted to help with his policies, was the agricultural field. As such, in 1929 he signed into law the Agricultural Maketing Act, and established with it the Federal Farm Board, which attempted to stabilize prices through cooperatives and corporations, ensure the proper sale of American agricultural products and also ensure the buying of the surplus production by the federal government to help with the stabilization of prices. This is why the answer is B.

Answer from: mariakelley15

One significant accomplishment of the Hoover administration during his first year in office was B Creation of a federal agricultural program to regulate farm prices.

The correct option is B. creation of a federal agricultural program to regulate farm prices.

Reason:

Among the many areas of American life in which Hoover attempted to help with his policies, was the agricultural field. As such, in 1929 he signed into law the Agricultural Marketing Act and established with it the Federal Farm Board.It attempted to stabilize prices through cooperatives and corporations, ensure the proper sale of American agricultural products, andensure the buying of the surplus production by the federal government to help with the stabilization of prices.

The wrong options are:

A. deregulation of the stock market to encourage speculation

C. reduction of agricultural and industrial tariffs to spur worldwide trade

D. construction of the Hoover Dam in Nevada to provide jobs for American

Reason:

These options are wrong because these were not related to the significance and the administration of Hoover. These options were for the various factors not for the federal farm board.

To know more about the significance and administration of the Hoover, refer to the link below:

link

Answer from: Quest

can you explain it better

Answer from: Quest

Ithink it’s bill gates.

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