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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.

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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