he believed in "rugged individualism" where if the government helps the people they will become to reliant on them and will get them into an even deeper debt. He believed that if he leaves it alone that the economy will eventually fix itself.
Because he's a man and he didn't want any help.
they both increased the role of the Federal Government in dealing with social and economic problems
Hoover's weakness during the depression was his inability to grasp the seriousness of the situation. His other weakness was that he didn't know how to use the considerable power of the federal government to turn things around.
The establishment by the federal government of safeguards against future depressions.
a voluntary recovery plan and limited government intervention in the form of public works projects and small federal loans to states.
president herbert hoover federal reserve
President Hoover was looking for ways to help the country out of the Great Depression. He offered federal aid to banks and businesses hoping this in turn would help the citizens.
Loans of businesses
Herbert Hoover was the 31st president of USA. He was elected to office in 1928 and in 1929 the economic melt down hit USA. He opposed direct federal relief during the great depression.
Herbert Hoover was the president for a short time when the depression first began. He did what he could within the limits he believed the federal government had . Franklin Rooseveltthen took office and was President for most of the depression. He pushed through several large scale measures of economic and social intervention, several of which were challenged on constitutional grounds and all of which greatly expanded the role of the federal government. The depression finally ended when the nation geared up for the wartime effort and 500,000 men were added to the military service.
The budget and bills dealing with money starts in the house. The annual budget is submitted by the president and congress votes on it.
loans for businesses
loans for businesses