When the Great Depression hit, what action did President Hoover take to deal with it? A. He began a massive program of deficit spending to pump money into the economy and create thousands of public works jobs for the unemployed B. He began a program of strict regulation of banks and industry to insure that the abuses which had caused the depression could never again happen C. He borrowed money from Europe to finance our national debt and get U.S. industry back on its feet again. D. He immediately lowered tariffs and removed protectionist trade measures in an effort to rebuild the shattered world economy E. He took no meaningful actions until it was too late, believing that private enterprise would pull the country out of the depression