Answer with Explanation:
According to President Hoover, poverty will be eliminated if there will be<u> less intervention coming from the government into the lives of the American people. </u>Furthermore, he said that <em>people's success will largely depend on their own abilities. This is known as "rugged individualism."</em>
Such kind of thinking led to the stock market crash. Even after the event, Hoover assured the people that everything was okay. It further led to the "Great Depression." Due to his stubborn nature, he just told the American businessmen to help keep their people employed rather than providing financial aid directly. Still, the economy continued to decline until he left his position.
George Washington: 6 Important Events in First President's Political Career. Washington decided against becoming "king" of the United States. After risking his life and the lives of his troops to lead the fight for independence, Washington returned the power to the people and the representatives they elected.
England proved to be a strong super power by conquering lands and by acquiring natural resources. England also imperialized many countries benefitting from them through mercantilism. England increased in navy and their economy prospered.
