What did Hoover do wrong in response to the Wall Street crash?

Herbert Hoover's response to the Wall Street crash of 1929 is often criticized for being insufficient and overly cautious. He believed in limited government intervention, which led him to rely on voluntary measures rather than direct relief efforts, leaving many people without immediate support. Additionally, his reluctance to provide direct aid to individuals and his emphasis on balancing the budget during a time of economic crisis exacerbated the situation, contributing to the deepening of the Great Depression. Overall, his policies were seen as inadequate to address the scale of the economic collapse.