Herbert Hoover Flashcards

HISTORY

1
Q

What was Herbert Hoover’s approach to the economy?

A

1- Believed in laissez-faire (minimal government interference).

2- Encouraged voluntary cooperation instead of direct government aid.

3- Opposed direct relief, fearing it would create dependency.

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2
Q

How did Herbert Hoover respond to the Great Depression?

A

1- Created the Reconstruction Finance Corporation (RFC) to support banks & businesses.

2- Funded public works projects, like the Hoover Dam.

3- Refused direct aid, relying on businesses to self-regulate.

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3
Q

Why was Hoover unpopular during the Great Depression?

A

1- People blamed him for not doing enough to fix the crisis.

2- Shantytowns of the homeless were called “Hoovervilles”.

3- Used the military to remove the Bonus Army, worsening his image.

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