How were Great Britain's economic policies during the 1970s oil crisis similar to President Hoover's policies during the Great
Depression?
O Both enforced numerous fiscal policies designed to stabilize the
economy and inflation.
O Both promoted free-market policies and more competition in an
effort to help the economy recover.
O Both expanded the monetary supply in an effort to reduce
inflation and stem the economic decline.
O Both increased socialist fiscal policies in an attempt to minimize
the effects of the economic recession.