Which U.S. president was in office during the stock market crash of 1929?
Herbert Hoover
Calvin Coolidge
Woodrow Wilson
Theodore Roosevelt
Fact: Herbert Hoover, the 31st U.S. president, was in office when the stock market crash of 1929 triggered the Great Depression. Taking office in March of that year, Hoover initially expressed optimism about the nation’s financial stability, but the sudden collapse of the stock market in October triggered the onset of the Great Depression. Despite his background as a successful businessman, Hoover’s response was widely criticized as inadequate. As the Depression deepened, Hoover’s inability to effectively address the crisis ultimately led to his landslide defeat by Franklin D. Roosevelt in 1932.
Correct Answer: Herbert Hoover