There were two different methods used to deal with Great Depression. Herbert Hoover and Franklin D. Roosevelt had few different views regarding how the Great Depression should be handled and about what should be done to improve social conditions.
Herbert Hoover believed in a concept known as laissez-faire. Based on this policy, President Hoover believed the federal government should have a very limited role in dealing with the economy and in working to improve social...
There were two different methods used to deal with Great Depression. Herbert Hoover and Franklin D. Roosevelt had few different views regarding how the Great Depression should be handled and about what should be done to improve social conditions.
Herbert Hoover believed in a concept known as laissez-faire. Based on this policy, President Hoover believed the federal government should have a very limited role in dealing with the economy and in working to improve social conditions. President Hoover believed in voluntary actions. He asked businesses not to cut wages and to keep the factories operating. President Hoover was against raising taxes to provide for programs to help people who were in need and to help get the economy going again. Unfortunately for President Hoover, his policies weren’t successful, as the effects of the Great Depression got worse while he was President.
Franklin D. Roosevelt believed the government should be actively involved in trying to end the Great Depression and in trying to improve social conditions. President Roosevelt launched a series of government programs that created jobs and provided relief to the American people. People received help refinancing their mortgages. People found work as a result of programs such as the Civil Conservation Corps and the Civil Works Administration. The Social Security Act was passed which gave a pension to those people who were at least 65 years old. While the Great Depression didn’t end because of President Roosevelt’s New Deal programs, the impact of it was lessened. The arrival of World War II led to the end of the Great Depression.
There were different viewpoints regarding how to deal with the effects of the Great Depression. One approach was more successful than the other approach.
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