Ch 23-25 Exam Review Flashcards
By 1933
25% of the labor force was unemployed
Hoover adhered very strongly to
American traditions
What traditions did Hoover adhere to
- Economic outcomes or just a product of individual character 2. For voluntary action businesses could regulate themselves (laizze faire)
The great depression was where
Worldwide
Reconstruction finance Corporation
Lent little money to troubled railroads and banks but not enough to keep them from closing
Hoovers failures include
His strict adherence to the GOLD STANDARD,the SMOOT-HAWLEY TARIFF (raised rates of incoming products so now other countries won’t import), PRIVATE CHARITY should meet the needs of people, Americans should “TIGHTEN their BELTS and WORK HARDER” (make do with less)
What cause to route to rapidly become the most hated man in America
His failures
What were shantytowns also known as
Hooverville’s
What were shantytowns
Areas developed by the homeless where they would use whatever they could find for shelter
Farmers were meeting bankers with
Armed resistance
Farmers formed the
Farmers holiday association
The farmers holiday association
Stated that farmers would not ship any more products into cities until prices went up
Violent labor confrontation
Kentucky coal mines didn’t have money or work so they retaliated
When did the bonus army march
Summer 1932
What cause Hoovers popularity to plunge
The way he handled the bonus army march
How many unemployed world war one veterans participated in the bonus army march
15000
When were the world war one veterans supposed to receive their soldiers pension
1945
What did the bonus army marchers ask for
To receive their soldiers pension early(1932)
Where did the bonus army marchers camp
Outside of the capital building in Washington
How did Hoover deal with the bonus army march
He sent the army to affect the marchers. He burned the encampment, dispersed them, and many were injured
Who led the army to evict the world war one veterans during the bonus army march
Douglas MacArthur
Franklin Delano Roosevelt was the governor of where
New York
What was FDR during world war one
The assistant secretary of the Navy
What left FDR paralyzed
Polio