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Why is it especially significant that a business-minded publication like Fortune would in the autumn of 1932 stress the magnitude of the crisis and the failure of the response?
Wiki User
∙ 10y ago
The significance behind a business minded publication stressing the failure is that Hoover was following the typical "Republican" approach; that is, hands off. Business generally likes this kind of practice. However, the depression had reached the point where even the businesses were less worried about profit and more worried about fixing the economy. The publication reflected this desire.
Sources: A fellow AP honors US history student. And a little bit of guesswork
Wiki User
∙ 10y ago
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