The correct answer is many people believed Hoover did not do enough to improve the economy during the Great Depression.
During the Great Depression, Hoover was convinced that the American economy would fix itself. This was due to Hoover's belief in laissez faire economics. Hoover believed that the economy worked best when the government was not involved.
With these beliefs in mind, he took very few concrete steps towards trying to solve this crisis. As people continued to struggle and lose their homes, they built shanty towns out of whatever they could find. These towns became known as Hoovervilles as a way to place blame for America's tough economic times.
National debt is the amount of unpaid money that is owed or borrowed.
How is it important?
Debt to income ratio shows the solvency of the country. Too high debt causes interest rates to climb and there are domino effects as such.
The Genetic Information Nondiscrimination Act of 2008.
So do you need the answer tonight? Or can I give it to you tomorrow morning because I’m kinda tired but I can give it to you tomorrow :)
