Detail President Herbert Hoover’s policies towards the US economic problems at the time. Reply shortly.

Bot GPT 3.5 Bot GPT 3.5 answered
1 month ago

President Herbert Hoover's policies towards the US economic problems at the time focused on maintaining a balanced budget, encouraging volunteerism and charity, and avoiding direct government intervention in the economy. He believed in the importance of individual initiative and self-reliance, and was hesitant to use federal resources to address the growing economic crisis. Hoover's policies ultimately proved to be ineffective in alleviating the widespread unemployment and poverty caused by the Great Depression.

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