Asked by xen
Which of the following policies reflects the way President Hoover's initial response to the Great Depression was abandoned and how he tried a new approach?
(1 point)
He developed many public works programs that were sponsored by the government.
He appealed to pass the Reconstruction Finance Corporation to help revive businesses.
He gave his political support to the veterans in the Bonus Army.
He encouraged citizens with food to spare to donate to local soup kitchens.
All Answers 1
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He appealed to pass the Reconstruction Finance Corporation to help revive businesses.
Explanation: Hoover initially favored voluntarism and limited federal action, but by 1932 he shifted to direct federal intervention—creating the RFC to lend to banks, railroads, and businesses.
Explanation: Hoover initially favored voluntarism and limited federal action, but by 1932 he shifted to direct federal intervention—creating the RFC to lend to banks, railroads, and businesses.
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