How president herbert hoover deal with the economic problems during the depression?

President Herbert Hoover initially responded to the Great Depression by promoting voluntary measures and encouraging businesses to maintain wages and employment levels. He established the Reconstruction Finance Corporation in 1932 to provide financial support to banks and industries, but his reliance on limited government intervention and his belief in self-reliance were largely criticized. Hoover's policies were seen as inadequate, leading to widespread suffering and ultimately contributing to his loss in the 1932 election. He maintained a belief that the economy would recover on its own, which many felt was too passive in the face of such a crisis.