answersLogoWhite

0


Best Answer

By slashing spending and raising taxes, which only made the Depression worse.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Pres hoover tried to balance the federal budget by doing what?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about American Government

The office of management and budget has the primary responsibility for doing what?

preparing the budget


Why are people in the US so concerned about farm subsidies when they account for such a small percentage of the total federal budget?

Even a small percentage of the total US federal budget can still be a fairly large sum of money, and subsidies amount to paying people to literally refrain from doing something productive.There are reasons that doing this could be beneficial overall, but it still bothers some people that the US is spending taxpayer money on something that has the perceived net effect of making their food cost more.AnswerThe above response is a good example of the poor job we in agriculture are doing in educating the public. The kind of subsidies the above author refers to in the phrase,"refrain from doing something productive" were phased out years ago and replaced with programs which require the farmer to do something in return. The Conservation Reserve Program requires farmers to establish conservation plantings in areas not planted to the crops they normally would plant in order to conserve soil. Federal crop insurance programs might be something of a subsidy in that farmers pay a discounted rate for crop insurance which is also available from most carriers, just at a higher rate. The agency must still carry on the program the same way a regular carrrier would, just with no profit as such. The concept addressed in the original question is one of a matter of just this lack of education. The entire budget of the US Department of Agriculture is less than 4% of the total federal budget, and the amount devoted to farm and commodity programs is less than 2/3 of 1% of the federal budget, yet people prefer to focus on these things, rather than the fact that 70% of the USDA budget is for nutrition programs, mainly food stamps. If you want to focus on a particular problem, why not the federal debt which is now nearly four times the entire federal annual budget? No regular business would ever survive under that kind of debt load, yet our politicians continue to increase it with hardly a passing thought.


1 Why beliefs or assumptions led to Hoover's failure to adequately deal with the deteriorating economic situation during his years as President?

His belief in the soundness of an unregulated market. .....you're doing APUSH aren't you?


What are the three branches of the federal gov and what are their primary responsibilities?

The executive (the President and the administrative branches) The Legislative (The House of Representatives and the Seante) The Judicial. The Supreme court and the Federal courts. The executive branch carries out the day to day operations of the government, enforces laws, oversees the operation of the military and disperses funds to run the various branches of government. The legislative enacts laws, oversees and investigates the operation of the administrative branch when problems occur, and decides how much the government is going to spend ( the budget) and decides how much tax to levy. The Supreme court decides matters of constitutionality (like they are doing now with the Affordable Care Act) and oversees the operation of the lower Federal courts. The Lower Federal courts are where matters of law at the Federal level are first brought.


When the Federal Trade Commission takes action against a misleading advertiser what is this organization doing?

The organization is enforcing a governmental policy.

Related questions

How did Hoover get its name?

Hoover villes got there names by the people living in them making fun of President Hoover who was not doing anything to help the Great Depression . I hope that helps you out .


The office of management and budget has the primary responsibility for doing what?

preparing the budget


What did expressions such as Hoovervilles and Hoover blankets show regarding President Hoover during the Great Depression?

american were angry with hoover for not doing enough to help them out of hard times


Is it difficult to make a budget?

It depends on what you are doing. like what job you are doing.


What do the terms Hooverville and Hoover blanket say about the Americans' attitude toward the president?

american were angry with hoover for not doing enough to help them out of hard times


What do the terms Hooverville and Hoover blanket say about Americans attitude toward the president?

american were angry with hoover for not doing enough to help them out of hard times


Why was herbert hoover an incumbent president easily defeated by Franklin roosevelt?

The country's economic problems had grown worse and people thought Hoover wasn't doing enough.


Why was Herbert Hoover hated so much doing great depression?

It came too quickly.


What happen doing election 1932?

In the United States Roosevelt beat Hoover by a huge margin.


How did Hoover ville get its name?

Hoover villes got there names by the people living in them making fun of President Hoover who was not doing anything to help the Great Depression . I hope that helps you out .


What is federal wrong doing called?

It would probably be a federal offense and there are many different kinds.


What are budget bedroom decorating tips on a limited budget?

Budget bedroom decorating tips can be found online through many websites. They offer examples and do it yourself tips on renovating and doing it yourself.