Election Of Roosevelt Flashcards
Why was Hoover unpopular
“Too little, too late” Hoover insisted people could work themselves out of poverty of conditions right
Without direct assistance from gov.
Refused to offer financial relief to indiv. - v unpopular
What measures did Hoover take to help the economy
Reduction in taxes
An expansion of ‘public works’
Home loans acts - help w/ mortgage payments
Conferences with industrialists
One year suspension on war debts to European govs
Reconstruction Finance Corporation
How did Hoovers policies have a negative effect
High tariffs on foreign goods led to retaliation, other countries then raised tariffs too..halved us exports to Europe.
Who was FDR
Franklin Roosevelt had been a popular governor of New York
Election campaign backed by wealthy backers, influential supporters helped him
What were the ‘Bonus Protests’
June 1932 15,000 WW1 war veterans gathered in Washington to demand extra bonus payments.
Two protesters were killed by police and others injured when army cleared encampments
Election vote
22m to 15m
What were Roosevelt’s election promises
Immediate action after the election
A flexible approach for practical results
Relief and help for small banks and homeowners
Prohibition to be ended