HIST 2057 Chapter : Hoover Roosevelt And The Great Depression
Document Summary
Hoover, roosevelt, and the great depression: herbert hoover and associationism, herbert hoover became is a republican, who believed that the government should stay out of business. He represented a self-made millionaire from engineering, and then turned towards public service. He made the department of commerce the second most important position in the cabinet. When he was elected president in 1928 most. Americans believed he could extend the prosperity of the 1920s into the 1930s: the idea that people in groups will do what is best for the group and the society as a whole is known as associationism. For example, the car industry would set a standard size tire, and then exchange parts which would make the industry more efficient. Hoover believed industries would do this on their own because it was good business, not having the government involved. He also over estimated the concern that business leaders had for the community at large.
