How Did Herbert Hoover Fix The Great Depression

I believe that Herbert Hoover had the best plan to fix the ‘Great Depression’. Hoover believed that a person’s success could only be achieved by oneself. He also believed that individualism was what America was created for. Nevertheless, that's what his plan was all about. His plan was also known as the ‘New Deal’. Throughout the ‘New Deal’ he profoundly emphasized on reducing waste, volunteering, and equal opportunity for the people. The examples of his economic policies during that time such as an expansion of the Federal Farm Board (FFB), a balanced federal budget, new and expanded public works projects. He extended the scope of the federal government by increasing its involvement in agriculture, federal spending, international trade, immigration
and wage and tax policy. He wanted to balance out the federal budget by cutting tax payments, and encouraging more spending. He also had planned another economic policy which is encouraged businesses not to cut wages or lay off workers in order to maintain individual purchasing power, critical to stable economy. But in the reality, the plan failed because the business could not continue to pay a constant wage while demand dropped to the level that required a lower price. I personally think that the biggest reason his plan failed was because everyone was in such a slump, therefore no one had much hope and will to do anything. Throughout the entire ‘Great Depression’, he stayed positive. He believed that will a little will power and hope that the economy could change. He was never afraid to tackle new challenges that came his way. The only people he blamed were the activist Government.