Answer with Explanation:
Hoover believed in his philosophy of a "limited government." With this, he thought that the federal government should not provide a direct aid to the people (individuals). So, following the Stock Market Crash, in an event called "Black Tuesday," he insisted on American volunteerism. He was asking the leading industrialists and businessmen to help them keep their workers employed. Thus, he asked them to maintain their current wages. He also believed in "rugged individualism," a situation in which people were considered self-reliant and act independently from the government.
His programs did not cover many people and thus, it was unsuccessful in helping the people recover from the Stock Market Crash.