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All the following were solutions advanced by President Hoover to avert an economic collapse in the 1929-1932 period except: An assumption that the downturn would

All the following were solutions advanced by President Hoover to avert an economic collapse in the 1929-1932 period except: An assumption that the downturn would only be temporary, that it was simply part of the country's historical "boom-bust" cycles A call for "volunteerism," whereby business leaders and charities would maintain the economic status quo and assist those in need Limited relief bureaucracieslike POUR and the RFCwould hopefully nudge the economy toward recovery A doubling of the defense budget, under the assumption that this would stimulate other sectors of the economy

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