How is president hoover belief different from for?

Answer 1

President Herbert Hoover believed in limited government intervention in the economy, adhering to the principle of individualism and self-reliance. He thought that economic recovery should come from voluntary actions by businesses and local communities rather than federal government aid. In contrast, Franklin D. Roosevelt's approach involved significant government intervention through programs like the New Deal, aimed at providing direct relief and stimulating economic recovery during the Great Depression. This marked a fundamental shift in the role of government in economic matters between the two presidencies.