CLEP US History II

Answer: D - “Hooverville” was the popular term for a collection of makeshift shelters assembled by homeless people during the Great Depression. The term was coined by a political opponent of President Herbert Hoover, who was widely derided for failing to stop the stock market crash and subsequent economic downturn from becoming a full-scale depression. Hoover did, in fact, intervene, but not enough to curtail the calamity in any meaningful way. Ironically, Hoover was a brilliant economist, but he failed to manage the Great Depression effectively because he believed it was part of the standard cyclical nature of an economy.