How effective was Hoover’s response to the depression?

Question 1

What was the Smoot-Hawley tariff?

Answer 1

Raised import taxes to highest ever level.

Should have helped increase international trade, but the other countries followed suit.

Question 2

What acronyms were used during this time (1929-1933)?

Answer 2

Hoovervilles.
Hoover Blankets.
Hoover Flags.

Question 3

What did the Reconstruction Finance Corporation do?

Answer 3

U-turn by Hoover – direct action.

Did prevent worsening of depression by helping banks etc.

Question 4

What did the Emergency Relief and Construction Act of 1932 do?

Answer 4

First major relief program.