Module 8 Part 2 Flashcards
: the belief, strongly held by Herbert Hoover and others, that hard work and individual effort, absent government assistance, comprised the formula for success in the U.S.
American individualism
: a bill proposed by Congress in 1931 for $375 million to states to help provide food, clothing, and shelter to the homeless. The bill was vetoed by President Hoover.
Federal Emergency Relief Bill
program established by Hoover in 1932 which set aside $2 billion in taxpayer money to rescue banks, credit unions, and insurance companies
Reconstruction Finance Corporation (RFC):
a group of World War I veterans and affiliated groups who marched to Washington in 1932 to demand their war bonuses early, only to be refused and forcibly removed by the U.S. Army
Bonus Army:
the name given to shantytowns where persons experiencing homelessness due to the Great Depression sometimes lived
Hoovervilles
Hoover’s repudiation of the Roosevelt Corollary that justified American military intervention in Latin American affairs; this memorandum improved relations with America’s neighbors by reasserting that intervention would occur only in the event of European interference in the Western Hemisphere
Clark Memorandum:
Hoover’s repudiation of the Roosevelt Corollary that justified American military intervention in Latin American affairs; this memorandum improved relations with America’s neighbors by reasserting that intervention would occur only in the event of European interference in the Western Hemisphere
Clark Memorandum
: Hoover’s policy establishing that the United States would never recognize claims to territories seized by force
Hoover-Stimson Doctrine
the tariff approved by Hoover to raise the tax on thousands of imported goods in the hope that it would encourage people to buy American-made products; the unintended result was that other nations raised their tariffs, further hurting American exports and exacerbating the global financial crisis
Smoot-Hawley Tariff
