As the depression deepened, President Herbert Hoover
encouraged businessmen to reduce their industrial production.
grew less willing to increase federal spending.
began to experiment with untried economic principles.
called for a reduction in taxes.
stopped worrying about trying to balance the budget.
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The post As the depression deepened, President Herbert Hoover encouraged businessmen to reduce their industrial production. grew less willing to increase federal spending. began to experiment with untried economic principles. called for a reduction in taxes. stopped worrying about trying to balance the budget. appeared first on Superb Professors.
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