Which American president was in power during the ‘Black Thursday’ Wall Street crash?

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03-06-2021
History

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Which American president was in power during the ‘Black Thursday’ Wall Street crash?

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Parvathi9685idn Parvathi9685idn · Answer 1 · 2021-06-03T07:02:34-04:00

Parvathi9685idn Parvathi9685idn

03-06-2021

Answer:

When Herbert Hoover became President in 1929, people thought he would increase tariffs because he had promised to do this in the election campaign. This boosted trading in shares on the stock market , which pushed prices up further.

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