He appeared irresolute when it came to preserving the capitalistic society of the 1920s. During this time, society was managed by corrupt political bosses, such as Tweed. The American economy had flourished under the private interest policies of Harding and Coolidge, which forced Hoover to promise the American people that he would not abandon the laissez-faire economics, which had been so successful during past presidencies...
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Hoover was sure, however, that working class Americans would not be opposed to restricting unfair business practices. Documents B and C depict Hooverâs lack of support for private interest or public purpose policies. In these documents, Hoover stresses the significance of individual interests towards the end of the Great Depression...