Herbert Hoover and Franklin D.

Roosevelt had very different plans for addressing the Great

Depression.
Hoover, who was president when the depression began, believed in a more laissez-faire approach to
economics. He believed that the economy would naturally correct itself, and therefore, the
government should not intervene. His plan was focused on maintaining a balanced budget and
reducing government spending. He also believed that businesses should be allowed to make their
own decisions without government interference.
Roosevelt, on the other hand, believed that government intervention was necessary to address the
economic crisis. He believed that the government had a responsibility to help its citizens during
times of hardship. His plan, known as the New Deal, involved a series of government programs
designed to create jobs, provide relief to the unemployed, and stimulate economic growth.
The New Deal included programs such as the Civilian Conservation Corps, which employed young
men to work on conservation projects, and the Works Progress Administration, which provided jobs
for millions of Americans in a variety of industries. Roosevelt also implemented a number of financial
reforms, including the creation of the Federal Deposit Insurance Corporation, which protected
people's savings in case of bank failures.
Overall, Hoover and Roosevelt had very different approaches to addressing the Great Depression.
Hoover believed in a hands-off approach and focused on reducing government spending, while
Roosevelt believed in government intervention and implemented a series of programs designed to
provide relief and stimulate the economy.