Why might hoover have reasonably expected that it would, Finance Basics

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Why might hoover have reasonably expected that it would

In June 1930, a delegation of businessmen appeared at the White House to urge President Herbert Hoover to propose an economic stimulus package. Hoover told them: "Gentlemen, you have come sixty days too late. The depression is over." When did the Great Depression begin?

Why might Hoover have reasonably expected that it would have ended by June 1930? Why did the Depression continue longer than that?

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