During the first years of the depression, President Hoover hesitated to use governmental controls on businesses to get industries going again. This hesitation was due to Hoover's belief in __________. socialism a command economy laissez-faire capitalism imperialism

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31-05-2015
History

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During the first years of the depression, President Hoover hesitated to use governmental controls on businesses to get industries going again. This hesitation was due to Hoover's belief in __________. socialism a command economy laissez-faire capitalism imperialism

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HistoryGuy HistoryGuy · Answer 1 · 2015-05-31T18:01:19-04:00

HistoryGuy HistoryGuy

31-05-2015

This hesitation was due mainly to Hoover's belief in "laissez-faire capitalism". It soon became clear, however, that government intervention would be needed.

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