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President Hoover's response was called "Volunteerism in which he believed that the economy would right itself if the people gave it time. He also believed
that businesses would do what was right and that the government involvement should stay small?

Sagot :

It is true that President Hoover's response that "an economy would be get itself right if the people gave it time" is called "Volunteerism"

What is called Volunteerism?

Volunteerism refers to a act of providing time or skills for the main benefit of masses (people), rather than for financial benefit.

President Hoover proposed that act of volunteerism was the best antidote for poverty and also a myriad for other social problems.

President Hoover also encourages individuals, local charity organizations, churches, and local governments to work cooperatively to alleviate suffering and distribute relief in the country

In conclusion, It is true that President Hoover's response that "an economy would be get itself right if the people gave it time" is called "Volunteerism".

Read more about Volunteerism

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