How did FDR change American policy and encourage support of the Allies?
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In contrast to President Hoover, who believed that the Depression arose from international circumstances, Roosevelt believed that the nation's economic woes were largely home-grown. As a result, FDR rejected Hoover's numerous entreaties (delivered during the period between FDR's election and inauguration) that the incoming administration support Hoover's approach to the upcoming London Economic Conference. Hoover hoped that in London the United States and other leading industrial nations would devise a currency stabilization program and pledge its support for the international gold standard.
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