During one hundred and fifty years we have builded up a form of self government and a social system which is peculiarly our own.
It differs essentially from all others in the world. It is the American system.... It is founded upon the conception that only through ordered liberty, freedom and equal opportunity to the individual will his initiative and enterprise spur on the march of progress. And in our insistence upon equality of opportunity has our system advanced beyond all the world. - Herbert Hoover, 1928 According to the passage, Herbert Hoover would appear to most strongly OPPOSE which of these? A) socialism B) capitalism C) imperialism D) laissez-faire economics
Herbert Hoover was the 31st president of the United States. He served one term, from 1929 to 1933.
Before becoming president, Hoover directed relief efforts to supply war-torn Europe and Russia during and after the First World War.
After the 1929 stock market crash, the Hoover administration attempted to mitigate the negative effects of the Great Depression but was unable to significantly improve the economy.