History, 29.10.2020 20:40 sti192

"Economic depression cannot be cured by Legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the economic body the producers and consumers themselves.” - Herbert Hoover This quote from President
Hoover reflects his belief that

A) New Deal programs would bring economic recovery

B) a reliance on only capitalism had failed in the United States.

C) the Depression was part of an economic cycle and the economy must right itself

D) It was up to Congress, not the President, to design programs of economic
recovery

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