182k views
3 votes
1. Compare the beliefs and actions of both President Hoover and President Roosevelt in regard to the Great Depression. Please provide examples

1 Answer

4 votes

Answer:

Presidents Herbert Hoover and Franklin D. Roosevelt had very different political and economic ideologies. On the one hand, Hoover was a Republican who strongly believed in corporate freedom and non-state interference in economic and social affairs, with which the Great Depression began, seeking that it would be companies and the private sector in general that would take the nation out of the crisis. Seeing that this was not possible, he began to increase taxes and promote public works, with which the fiscal pressure on citizens increased and the economic crisis worsened.

Roosevelt, on the other hand, was a democrat who believed in liberalism as the way out of the crisis. Thus, it promoted the creation of social programs aimed at redistributing public money among the population, while promoting the inclusion of young people and the lower class in employment through the Public Works Administration, which managed public works employing these people, generating income to society and benefits for the government.

User Kirill Lykov
by
5.8k points