Hoover vs FDR Flashcards
What were Hoovers beliefs?
Laissez-faire (self help)
Business was priority
What was his response to building projects?
Offered $4000 million for major building projects in construction to provide jobs
What was Hoovers response to farmers?
Gov tried to help by buying up food above market prices
Stimulates overproduction
What was Hoovers response to tariffs?
The Hawley Smoot tariff 1930 highest ever
40% on agricultural and industrial goods
What was Hoovers response to coordination?
Tried to coordinate the work of VOLUNTARY agencies
Asks businesses to keep workers
What was Hoovers response to the Emergency relief act?
Provided $300 million to states to help unemployment
Not daily distributed
What was Hoovers response to RFC?
Reconstruction finance corporation
Provided loans to businesses to help recover
What did FDR do?
Had sympathy due to disability
Gave hope and confidence
FDR campaigned all over USA using trains
Promised “the new deal”
What were Hoovers 6 responses?
Building projects Farmers Tariffs Coordination Emergency relief act RFC