Herbert Hoover Herbert Hoover (Sec of Commerce) wanted to balance gov't regulation with his philosophy of cooperative individualism –encouraging businesses to form trade associations that would voluntarily share info with gov'tHerbert Hoover (Sec of Commerce) wanted to balance gov't regulation with his philosophy of cooperative individualism –encouraging businesses to form trade associations that would voluntarily share info with gov't Reduce economic costs and promote economic efficiencyReduce economic costs and promote economic efficiency Also established Bureau of Aviation and Federal Radio CommissionAlso established Bureau of Aviation and Federal Radio Commission
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