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History, 09.11.2020 16:30 EllaSue

Which of the following describes Hoover's philosophical approach to stimulating the economy? A. Direct intervention: give direct relief to individuals to spark the economy.
B. Top-down approach: give money and loans to businesses so they can create jobs.
C.
Wait and see: over time the economy would correct.
OD
Hands-off: allow businesses to generate new sources of wealth without government intervention.
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