Answer:
In the 1932 election, Herbert Hoover, the incumbent Republican President, faced a challenge from Franklin D. Roosevelt, the Democratic candidate.
Hoover was associated with the economic policies that had failed to address the Great Depression, which had begun shortly after he took office. He believed in limited government intervention in the economy and maintained a laissez-faire approach.
On the other hand, Roosevelt campaigned on a platform of bold and active government intervention in the economy. He promised a New Deal for the American people, including reforms in banking, agriculture, and industry, as well as increased government spending to stimulate the economy and create jobs.
In conclusion, the two candidates represented different visions for addressing the economic crisis of the Great Depression. Hoover's approach was characterized by limited government intervention, while Roosevelt advocated for a more active role for the government in solving the country's problems.