Hoover And Depression Flashcards
What does rugged individualism mean
People should sort out their own problems
What did the Republican government of Herbert Hoover believe in
Rugged individualism
Did Hoover help the depression despite his policy of rugged individualism
Yes, Although a lot of people thought he did not try to improve the situation
In 1930 what did Hoover do in terms of taxes
Taxes were cut to increase people spending power
How much money did the government pump into the construction industry
4000 million dollars
Why did Hoover put in so much money into the construction industry
In a bid to create new jobs for the people
When did work begin on the Hoover Dam And where was the Hoover Dam built
Work started in 1931 on the Colorado river
When was there an emergency relief act
1932
What did the emergency relief act give (money and why)
$300 million to the states to help the unemployed
When did the reconstruction Finance Corporation provide loans
1932
How much were the loans provided by the reconstruction Finance Corporation and who did they give these loans to
1,500 million to businesses
When did Hoover pass the Smoot-Hawley Tariff act
June 1930
What was the smoot-hawley tariff act
It raised American tariffs to their highest level ever
What was the result of the smoot-Hawley tariff act
Supposed to protect the American industry, all it did was Trigger wave of retaliatory tariff increases which destroys US trade and deepened into depression
What was the phrase used in relation to how Americans blamed Hoover the depression
‘In Hoover we trusted, now we are busted.’
What was Hoover leather and hoover blankets
Hoover leather-cardboard souls for shoes
hoover blankets-newspapers that people Slept in
What was a result of resentment turning into violence of the American people
Marches and demonstrations by the unemployed people often turn into violent riots
When was the new presidential election campaign
1932
What did Hoover offer as his election policy
I hope that the USA would soon turn the corner back towards prosperity
What did franklin D Roosevelt offer to his election campaign
A new deal for the American people. Roosevelt promised action to provide jobs + relief for the people and unemployed, to help industry and agriculture and to resolve the banking crisis
What did the American people want in terms of their approach to the depression
They wanted a positive approach
Because of the American attitude Who did they vote for in the 1932 election and by how much did this person win by in terms of states
And they voted for Roosevelt. Roosevelt won in 42 out of the 48 states-the biggest victory ever in an American presidential election
