As secretary of commerce, Herbert Hoover:
A) endorsed strict laissez-faire policies to allow businesses to govern themselves
B) supported the trade-association movement
C) pushed for stricter regulation of big business in order to protect individual Americans
D) spent most of his time preparing for a run at the presidency
E) supported trust-busting legislation and Justice Department lawsuits

Question

Quizplus · Accepted Answer

As secretary of commerce, Herbert Hoover was a strong supporter of the trade-association movement, which encouraged businesses to voluntarily regulate themselves in order to avoid government intervention. He believed that this approach would lead to more efficient and effective business practices, and would also help to avoid the kind of antitrust lawsuits that had been common during the progressive era.

As Secretary of Commerce, Herbert Hoover