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Unformatted text preview: Hoover Perspective Depression caused by world wide collapse Confidence that American economy is sound American virtues: government intervention will destroy personal independence, initiative Hoovers Response Optimism: prosperity is just around the corner o Willing to spend money o Makes Hoover appear very callas o In Detroit, 1000s gathered to protest Hoover campaigning in the area.all chanting Hang Hoover Business/government cooperation: sustain wages and investments (voluntary) Saving Financial Institutions: Reconstruction Finance Corporation (1932) Public Works and Relief...
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- Spring '08