The difference is that Roosevelt was ready to do more to
solve the problems brought about by the Great Depression while Hoover was more
hesitant to let government intervene.
The programs he launched such as the National Credit Corporation, the
Reconstruction Finance Corporation, and the Emergency Relief and Construction
Act <span>came late to
do any good. Upon assuming office,
Roosevelt quickly launched various programs to solve the problems. In the end, Roosevelt was right in his
approach of Government intervention because at the time, people needed support to uplift their lives.</span>
Adam Smith is generally regarded as the founder of modern economics. Adam Smith advocated the capitalist free enterprise system, based on the belief that men are motivated by rational self-interest. His book "Wealth of Nations" became a standard text book for economists throughout the Western world
I am not very sure and I might be wrong but I’m pretty sure that it is C.
