What did hoover think would keep the economy moving?

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2026-04-30 10:05

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Herbert Hoover believed that voluntary cooperation among businesses, labor, and government would help sustain the economy. He emphasized the importance of maintaining confidence and encouraging private sector initiatives to stimulate growth, rather than relying on direct government intervention. Hoover thought that by fostering a sense of community and shared responsibility, the economy could recover from downturns without extensive federal involvement.

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