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Although the concept of laissez-faire and its supporters are frequently linked to the phrase, it was first coined by American president Herbert Hoover.
Who was the president who made a difference in the Depression?
Franklin D. Roosevelt, who took office in the midst of the Great Depression, aided the American people in regaining their self-confidence. He offered encouragement by promising quick, forceful action and declaring in his inaugural speech that "the only thing we have to fear is fear itself."
Americans blamed which president for the Great Depression.
The Great Depression began in 1929, the year Herbert Hoover (1874–1964) became the 31st president of the United States. Hoover was mostly held responsible in the eyes of the American public, even though the policies of his predecessors clearly contributed to the crisis, which lasted for more than a decade.
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