He did nothing, thinking the economic crisis would mend itself with time.
Hoover was a laissez-faire Republican who believed the government should not interfere with the economy.
Hoover's approach to the Great Depression was to do nothing initially. He believed it was a normal part of the boom-bust economic cycle. As the Depression moved on, Hoover used a method of volunteerism. Volunteerism asked those with money to give to others and to invest their money back into the banks and job creation.
Answer:
The Aztec Empire flourished between c. 1345 and 1521 CE.
Explanation:
I think the French surrender of Montreal was most significant for Britain as for future America it was, the Battle of Monongahela River when Washington had his first experience with true battle and lost his mentor Braddock.
The pass at Thermopylae was thus opened to the Persian army, according to Herodotus, at the cost to the Persians of up to 20,000 fatalities.
A foreign exchange rate is the prize of the domestic currency stated in terms of another currency. in words, a foreign exchange rate compares one currency with another to show the relative values.
