Hoover's initial reaction to the Depression was to promote voluntary cooperation among business and labor interests to stabilize troubled industries,but this approach was simply inefficient to address the massive unemployment and poverty facing millions of Americans.

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Hoover's initial reaction to the Depression was indeed to promote voluntary cooperation among business and labor interests, but it proved to be insufficient to address the scale of the economic crisis.

Hoover's Initial Reaction to the Depression Was to Promote Voluntary