How did Herbert Hoover's beliefs about business and government affect the economy?
A.Hoover wanted the government to take a strong role, but nothing worked.
B.Hoover believed the government should take strong and immediate action, which angered businesses.
C.Hoover's belief in nonintervention kept the government from responding quickly and deepened the depression.
D.Hoover thought businesses should seek direction from government, but most refused.

Respuesta :

C. As a conservative, he supported the trickle down effect, and didn't really do all that much. When FDR came, he changed this radically with his new deal.

The correct option is C

The Great Depression caused the collapse of a large part of the American economy, with the consequent impoverishment of the population; however, President Hoover's general reaction was to try to avoid financial panic and consider the Great Depression a passing crisis. He tried to combat the Great Depression by promoting voluntary work, developing large public works such as the Hoover Dam, promoting protectionist measures such as the Smoot-Hawley tariff law, increasing the maximum of the income tax from 25% to 63% or increasing the tax on the corporate income.



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