Question

of the best method by which hunger and cold shall be prevented. hoover felt that laissez - faire ideals of less government involvement should be followed and that the market and country would correct itself. his plan was known as a voluntary action plan, where he asked businesses not to lay off workers and keep wages steady as america fell into depression in the early 1930s. this sounded nice, but low production and purchasing rates forced companies to cut workers hours and wages. as unemployment rose and the economy got worse, hoover asked for companies to stop layoffs, and was against government assistance given directly to the poor and homeless. as things got worse in america, he signed the hawley - smoot tariff into law in 1930. this put a tax on cheaper imported goods from other countries to protect us products. instead, other countries in europe raised tariffs on us exports, and global trade slowed down. in addition, he also signed the reconstruction finance corporation into life in 1932 to help. the idea was for the rfc to provide stimulus money to industries in trouble, such as railroads and banks. the issue here was that the public saw this as hoover helping big business with a money handout that he was unwilling to give the american people. hoovers final problem was his handling of the bonus army incident in washington d.c. in 1932. roughly 43,000 former wwi soldiers camped out in washington demanding payment of their military pensions early as the depression was hurting these people. in fairness, the pension was not due until the 1940s. hoover sent the army in to forcibly remove these veterans from washington and even destroyed their camps in some places. these images did not look good for hoover in the papers and further turned the public against him. 1. explain how hoovers voluntary action plan was supposed to help the us during the early years of the depression?

Explanation:

The text states that Hoover's Voluntary Action Plan asked businesses not to lay off workers and to keep wages steady. This was intended to help the US during the early Depression by maintaining employment and wage stability, which could potentially support consumer purchasing power and economic activity.

Answer:

Hoover's Voluntary Action Plan asked businesses not to lay off workers and to keep wages steady. This was supposed to help the US during the early Depression by maintaining employment and wage stability, which could support consumer purchasing power and economic activity.