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Answer:
C. Hoover funded direct relief programs that created jobs for the unemployed.
Explanation:
Herbert Hoover was President of the United States between 1929-1933. He was business inclined and held office during the time of the Great Depression in America. This was a period of high unemployment, low profits in businesses and a decrease in economic growth. He made impacts in eradicating the Great Depression but it was all to no avail. Herbert created many programs, one of which was the Reconstruction Finance Corporation (RFC) to bring about relief to the economy's depression. He also established some trading polices.
Herbert played a great role in the Agricultural sector by approving the Agricultural Marketing Act to create consistency in the prices of farm produce. He loaned the farmers money to purchase food for their livestock.
He increased the Federal Budget to include the Health and protection of Children program.
Answer:
Often, laissez-faire capitalism is also referred to as free market capitalism or market capitalism. Simply put, laissez-faire translates to “leave us alone” meaning that the government should remain out of the economy and instead allow individuals to freely carry out their own economic affairs.
Explanation:
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