Hoover attempt to save Flashcards
1
Q
What had Hoover quoted that never actually happened?
A
“Prosperity is just around the corner”
2
Q
When did Hoover take action?
A
Between 1929-33
3
Q
What did he set up?
A
RFC- leant money to banks, industries and agriculture
4
Q
What he try and and encourage?
A
American exports
5
Q
What did he do in an attempt to create jobs?
A
Built a Hoover Damn in the Colorado river
6
Q
How did he make people spend more?
A
Cut peoples taxes
7
Q
What he do to help the unemployed?
A
Provided $300 million in 1932
8
Q
Unfortunately what did he think that the public didn’t?
A
Rugged individualism- help themselves
