How did Hoover’s belief that Americans should maintain their individualism affect his response to the Depression?

2 answers:

6 0

"He wanted to provide indirect aid to the people" is the one among the following choices given in the question that shows <span>Hoover’s belief that Americans should maintain their individualism affect his response to the Depression. The correct option among all the options given in the question is the fourth option. </span>

Alexandra [31]3 years ago

3 0

The correct answer is He wanted to provide indirect aid to people, let's understand why:

Hoover since the beginning of the depression, decided to violate all the canons of laissez-faire. This traditional policy advocated that in times of economic crisis, the government should "leave the economy in peace."

At Hoover's plan, there were higher inheritance taxes, public dams, and government regulation of the stock market to eliminate speculation. He was the first ruler to challenge the market and the bankers. Hoover increased drastically the state's interventionism, but in his vision, he wanted to give greater individuality to the population and by doing that, they could prosper.

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