As Herbert Hoover began his presidency, he considered the country’s economic future bright. assumed the economy might suffer a mild recession. feared a depression. called for voluntary guidelines to stabilize the stock market. renounced his earlier policy of associationalism.

As Herbert Hoover began his presidency, he
considered the country’s economic future bright.
assumed the economy might suffer a mild recession.
feared a depression.
called for voluntary guidelines to stabilize the stock market.
renounced his earlier policy of associationalism.
 
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