The belief that all individuals, or nearly all individuals, can succeed on their own and that government help for people should be minimal. The phrase is often associated with policies of the Republican party and was widely used by the Republican president Herbert Hoover. The phrase was later used in scorn by the Democratic presidents Franklin D. Roosevelt and Harry S. Truman to refer to the disasters of Hoover's administration, during which the stock market Crash of 1929 occurred and the Great Depression began.

The New Dictionary of Cultural Literacy, Third Edition Edited by E.D. Hirsch, Jr., Joseph F. Kett, and James Trefil. Copyright © 2002 by Houghton Mifflin Company. Published by Houghton Mifflin. All rights reserved.