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During the first years of the depression, President Hoover hesitated to use governmental controls on businesses to get industries going again. This hesitation was due to Hoover's belief in __________. socialism a command economy laissez-faire capitalism imperialism

User Ocomfd
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This hesitation was due mainly to Hoover's belief in "laissez-faire capitalism". It soon became clear, however, that government intervention would be needed.
User MsNichols
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