Answer :
When the great depression first began, Herbert Hoover proposed cutting tax as an economic solution.
The Great Depression was the worst economic depression experienced by the industrialized world lasting from 1929 to 1939. It occurred as a consequence of the US stock market crash of October 1929. Herbert Hoover was an American Republican politician who served as the 31st US president from 1929 to 1933. According to Hoover's economic theory, financial losses should impact profits, rather than employment, thus maintaining consumer spending and reducing the downturn. He was quickly willing to utilize the resources of the federal government to address the financial crisis. He cut taxes and introduced a counter-cyclical program of public works spending which was the first of its kind, to promote employment and recovery.
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