Herbert Hoover and Hoovervilles

• High Tariffs (tax on goods) - Success for US businesses, part of isolationism policy
• Laissez faire capitalism - private ownership with little infringement from the government (Hoover's idea of Free Enterprise)
• Overproduction a major cause for both agricultural recession and stock market crash
• Government restriction on immigration, particularly Asians during this period 

"Blessed are the young for they shall inherit the national debt" - Herbert Hoover

Summary

Herbert Hoover had a very laissez faire policy towards the depression. He introduced the idea of Free Enterprise which was to let the businesses fend for themselves. As a result of the unemployment from his ideas,people lost their jobs, they couldn't pay for their homes, so they ended up in the Hoovervilles. Hoovervilles were the "slums" where people were living with the bare minimum and were seen around the US.