Why was fords call for voluntary action to help the economy unsuccessful?

Answer 1

Ford's call for voluntary action to help the economy was unsuccessful primarily because it relied on the goodwill of businesses and individuals, which was insufficient during a time of severe economic distress. Many companies were unwilling or unable to participate without governmental incentives or regulations, leading to minimal compliance. Additionally, the economic crisis required more decisive, structured intervention than voluntary measures could provide, resulting in a lack of significant impact on the economy.