Hoover vs. Roosevelt Flashcards
What did President Hoover believe?
2 points
Government shouldn’t interfere - ‘laissez faire’ approach
Government couldn’t cure economy - only producers + consumers could do it themselves
What did Roosevelt believe?
3 points
‘Restore America’
Listening then acting on problems
Government cooperating with big businesses
What year was Roosevelt elected?
1933 - 1945
What party did he belong to?
Democrats
Why did Americans prefer Roosevelt to Hoover?
3 points
Roosevelt was charismatic and enthusiastic
Promised a ‘New Deal’ and action on problems
Gave hope to Americans
What did Hoover offer?
3 points
Encouraged farmers to grow - over production continued with no profit
Cut taxes - more money spent on economy
Provided $300 million to help unemployed - jobs weren’t guaranteed at end
What 2 things did Roosevelt do to become involved with American public?
Fireside chats
Radio broadcasts
What was ‘The Hundred Days’?
Roosevelt’s action to change issues within USA in 100 days
What party did Hoover belong to?
Republican
What years was Hoover active as president?
1929 - 1933 (president during depression)
How many votes did Roosevelt win by?
7 million
What two things did Roosevelt put forward in the first new deal?
1) Currency - stopped people owning gold and made them deposit it in banks
2) Budget - did not spend more than government gathered in taxes
What was the Smoot-Hawley Tariff and who was it signed by?
- Placed higher taxes on imports into America
* Signed by Herbert Hoover
How did the Hawley-Smoot Tariff fail?
- European countries also raised there taxes on American exports
- Didn’t help farmers or boost employment