Herbert hoover had held cabinet positions for previous presidents warren Harding and calving Coolidge. A republican, hoover ran programs during world war i to help ease hunger abroad and was a well-respected business man.
Hoover was a successful business man. This influenced his economic policies throughout his short tenure during the depression. His idea was to let business conduct themselves without government interference. Hoover believed the economy would right itself, and that government influence contradicted the capitalist economic policies in place.
Hoover took many steps to stabilize the economy, but most proved to be failures. he attempted to regulate and relieve farmers through the agricultural marketing act of 1929, however it only drove farmers into greater debt.
Hoover's political and ideological philosophy was to remain true to the capitalist, traditional economic values held for years by Americans. Government should not interfere, and the economy would eventually right itself. Also, hoover,s takes on the issues at hand were passive, and as result, many people blamed Hoover for the increasing depression.