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1 September, 13:51

How did President Hoover's philosophy of government guide his response to the Depression?

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  1. 1 September, 16:06
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    president Hoover’s philosophy of government had a direct impact on his response to the Great Depression. President Hoover was the third Republican president of the 1920s. These presidents followed a philosophy known as the laissez-faire philosophy. This philosophy emphasizes a hands-off philosophy by the government. It also emphasizes getting out of the way of businesses and letting businesses take actions to run the economy. This philosophy stresses that government should have a very limited role in economic and in business matters.
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