Multiple Choice 5 points in adesperate and last-minute attempt to deal with the Great Depression President Herbert Hoover created the __ in 1932, which was authorized to distribute 500 million dollars in emergency loans to failing businesses and proved to be completely ineffective in solving the crists Interstate Commerce Commission Reconstruction Finance Corporation Federal Emergency Relief Administration Department of Financial Security

## Step 1<br />The question is asking about a specific measure taken by President Herbert Hoover in 1932 to combat the Great Depression. The options provided are different government organizations or programs, and the correct answer is the one that was established in 1932 to provide emergency loans to failing businesses.<br /><br />## Step 2<br />The Reconstruction Finance Corporation (RFC) was established in 1932 during the presidency of Herbert Hoover. The RFC was authorized to distribute 500 million dollars in emergency loans to failing businesses. This was an attempt to stimulate economic growth and provide relief during the Great Depression.<br /><br />## Step 3<br />The other options, such as the Interstate Commerce Commission, Federal Emergency Relief Administration, and Department of Financial Security, were not the measures taken by President Hoover in 1932 to combat the Great Depression.