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8 April, 12:20

3. Why did President Hoover believe in trickle-down economics?

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  1. 8 April, 15:15
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    President Hoover believed that a trickle-down economic policy would stimulate economic growth. Hoover believed that trickle-down economics would stimulate economic growth by providing banks and businesses with government funds to increase production, create more jobs, and spur consumer spending.
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