A lower foreign tariffs and thus increase foreign trade.
B provide no help at all for American citizens or businesses.
C provide bonus checks to all American citizens, paid for from the Federal Treasury.
D help all levels of the economy, but in an amount consistent with a balanced budget.
E provide some federal help to bankers but leave relief for the poor to private charities.
1 answer
The correct answer is E: provide some federal help to bankers but leave relief for the poor to private charities.
Herbert Hoover believed in limited government intervention and that the economy would recover on its own, but he did implement some measures to support businesses and banks while relying on private charities for direct assistance to those suffering from the Great Depression.
