Question

How did president harding start the u.s. on the path toward the great depression?

Answer 1

Answer:

The belief that the US Government shouldn't help the people that much.

Explanation:

Hoover initially didn't plan to do anything, because he thought the decrease in the economy could easily be fixed. However when it was clear that it wasn't working, Hoover began helping out, having the Empire State Building being built and all that.

However Hoover's beliefs were that the government shouldn't intervene all that much in peoples lives, and refused to do more. As a result America would continue to suffer. The people would blame Hoover for their suffering, naming their shantytowns "Hoovervilles".

Answer 2

As the 29th president, he started the U.S. path toward the great depression as he began the trend of deregulating big business.

What later led to the Great depression?

In the 1920s, the ultimate trigger of the economic meltdown was the collapse of the stock market.

However, before this, Harding has started the U.S. path toward the great depression as he began the trend of deregulating big business.

Read more about Great depression

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