The Policies of Franklin Roosevelt and Herbert Hoover

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. These laissez-faire policies seemed particularly tolerant to the public, compared to the public-purpose policies sustained by Teddy Roosevelt.

The revolutionary idea of the assembly line allowed buisnessmen like Ford to prosper, and this mass-production in America led to mass consumption; mostly of automobiles and appliances. The success of this "all-American" production method led to political support and confidence towards the liberal policies. On the other hand, even before the Great Depression, Hoover was leaning towards conservative ways. Hoover's speeches show that he was not ready to be considered a full supporter of laissez-faire. He made it clear that he was less eager to save the capitalistic circle, stating that "businesses must be conducted with glass pockets." However, the success of the economy under the private-interest ways of Coolidge and Harding required him to guarantee that the lack of intervention in the economy would be maintained. The views of the ...

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