Following the stock market crash in 1929, President Hoover was criticized for

Adeclaring a bank holiday and ordering banks to close.
Bwaiting for the economy to come out of the Depression
Cstarting many new programs without Congress' approval.
Dhis insistence on increasing spending on the military.

Verified Answer :

B) waiting for the economy to come out of the Depression

Soon after the American President Herber Hoover took office in 1929, the U.S. stock market crashed and the Great Depression started in the U.S., affecting severely its economy and American families.

Hoover was harshly criticized for not recognizing the severity of the situation and for not undertaking enough measures to address the crisis. As a conservative politician, he believed that too much federal intervention was a threat to capitalism and individualism and instead, he promoted the idea that it was states and people themselves who had to provide relief to struggling people.