Final answer:
Herbert Hoover's response to the Great Depression included promoting localism and private initiatives over government intervention, urging businesses to maintain wages and employment, but despite these efforts, he faced mounting unpopularity due to the failure of his strategies, making option E the correct answer.
Step-by-step explanation:
Herbert Hoover's presidency during the Great Depression was characterized by his initial efforts to promote localism and private initiative, as opposed to government intervention, which aligns with statement I. He encouraged business leaders to maintain wages and employment, corresponding with statement II. Nonetheless, his strategies were largely ineffective at ending the Depression, which is acknowledged in statement III. As a result of these unsuccessful efforts, he faced growing unpopularity among the American public, as described in statement IV. Consequently, the correct answer reflecting Herbert Hoover's responses to the Great Depression includes all of these aspects.
The events that were part of Herbert Hoover's responses to the Great Depression are represented in options E: I, II, III, and IV.