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Herbert Hoover
Beginning of Paper
was president of the United States of America during the time of the great depression. His ideas of capitalism changed the way the government responded to the great depression. His view was that the government should not directly aid the citizens but the government should help out t .... Middle of Paper .... works projects in an effort to aid the people. By creating these projects it helped business by making them produce more materials and it helped the unemployed by creating jobs.
Keeping with his policy of not giving direct aid to the people, Hoover denied aid to hard hit farmers. He instead tried to help them by passing the Home Loan Bank Act. This helped people to buy houses so more people could be put to work making those houses. This act helped to get money flowing through the economy.
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258 words | 1 pages
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