During the first years of the depression, President Hoover hesitated to use governmental controls on businesses to get industrie

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3 years ago

7

During the first years of the depression, President Hoover hesitated to use governmental controls on businesses to get industrie

s going again. This hesitation was due to Hoover's belief in __________. socialism a command economy laissez-faire capitalism imperialism

History

1 answer:

bezimeni [28] · Answer 1 · 2022-01-08T10:30:20+03:00

bezimeni [28]3 years ago

6 0

This hesitation was due mainly to Hoover's belief in "<span>laissez-faire capitalism". It soon became clear, however, that government intervention would be needed. </span>