Respuesta :

President Hoover's volunteerism and trickle-down economic policies had failed badly

Answer:

Hi!

The answer to your question is that President Hoover's volunteerism and trickle-down economic polices had failed.

Explanation:

President Hoover implemented policies such as the Hands-Off (laissez faire) because he felt that government should not interfere in the upswings and downswings of the business cycle.

Hoover's volunteerism also refered to encouraging business and industrial leaders to keep wages, employment and prices at the same levels. Hoover also called for the government to reduce taxes and lower interest rates. This was called "volunteerism" because he wanted Americans to voluntarily join forces to combat the depression.

Unfortunately these policies did not work and did more damage than good, leading Americans looking for a new leader to guide them out of the depression.