Hoover's Response Flashcards
what were hoovervilles?
shanty towns where poor people lived
what were hooverblankets?
newspapers that homeless people used to cover themselves- blamed hoover for their suffering
what republican policy did hoover believe?
laissez-faire
government should not interfer with peoples lives
business men should be free of government control
what other republican policy did hoover believe in?
rugged individualism
individuals should be responsible for own fortunes without help from other people
what did republicans believe about republican policies?
they made america strong as people had to work hard to achieve success
how much did hoover cut taxes by?
by around $130 million to try and stimulate more spending in factories
what did hoover persuade business leaders to do?
persuades some not to cut wages
what year was the Hawley Smoot tariff act?
1930
what did the Hawley- Smoot tariff act do?
helped american farmers
increased tax on foreign foods so americans bought cheaper american goods
why did the Hawley-Smoot tariff act fail?
foreign governments retaliated by imposing tariffs on american goods
some countries refused to trade with america at all
how did hoover react to unemployment?
responded with acts such as the Reconstruction Finance Corporation
what year was the Reconstruction Finance Corporation act?
February 1932
what did the Reconstruction Finance Corporation act do?
government money given out to business to create jobs,
$2 billion was given out in total to stimulate production
what was said about hoovers response to the great depression?
‘too little, too late’
why did hoover lose the presidential election?
his belief in laissez faire policies made many see him as uncaring
many wanted a new political leader to bring improvement to the country
