Hoover launched a massive public works program and introduced various economic reformatory acts.
Roosevelt introduced "New Deal".
Explanation:
Hoover's Policy:
*During the great Depression Hoover tried to get back people to work instead of going behind relief grants
*In october 30th he established the President's Emergency committee for employment.
*He introduced ideas like, The Reconstruction Finance Corporation through which loans were granted for various institutions.
*The Glass-Steagall Act of 1932 for getting commercial credit.
*The Emergency Relief and Construction Act of 1932 through which funds were released for public works for local, state and federal bodies.
Roosevelt's policy:
*He introduced "New Deal" policy to combat Depression.
*Through New Deal a series of programs for public works, financial reforms and regulation were enacted.
*The major programs included the "Civilian Conservative Corps", the "Civil Works Administration ", the "Farm security Administration ", the "National Industrial Recovery Act of 1933", the "Social Security Administration ".
*The program focused on 3 "R", -Relief for the unemployed and poor-Recovery of the economic back to normal levels-Reform of the financial system to prevent a repeat Depression.
