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Think about the following assertion from the reading by Wolff and Resnick:

We all have opinions about what causes poverty, inflation, recession, and unemployment and how to address them. The precise economic theory we employ affects the conclusions we reach and, in turn, how we will act moving forward.

A. The Great Depression was attributed to a variety

of people and organizations.

B. Prior to the 'New Deal' and FDR, how, specifically, did President Hoover and other significant political and business figures respond to the Depression?

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