Based on the passage many investors purchased stocks on margin during the 1920s in order to

b) faith-based charitable organizations

Based on his speech, Hoover would have been MOST likely to support faith-based charitable organizations. Hoover's makes this known when referring tot he option of adopting European-styled socialism: "The acceptance of these ideas would have meant the destruction of self-government through centralization."

Explanation:

states began imposing duties on each other's goods. congress had no way to raise money for an army to expel them.