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irina1246 [14]
3 years ago
10

What impact did President Hoover's philosophy of government have on the economy?

History
1 answer:
RSB [31]3 years ago
7 0

<u>Answer</u>:

(B) It prompted the government to take a strong stand in favor of helping families.

This is the impact did the President Hoover's philosophy of government have on the economy

<u>Explanation</u>:

President Herbert Hooper believed that the government should not provide direct help to people but he also do not believe in government setting up the prices in the market.

On Oct 20, 1929, the stock market crashes and millions of people were fired, thousands of buisnesses had failed. It is maked as the black Thrusday. To seek help, everyone went to president Hoover. He stated that the government  should not give direct aid to people instead of it, the governemt should help them in getting their jobs back. But as the crisis grew, the policies are not accepted by the people and the people started blaming the president for the crisis.

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