Unit 2 Lesson 2: Responses to the Great Depression Flashcards
Hoover believed strongly in the spirit of American individualism:
that hard work brought its own rewards.
Hoover’s beliefs
To Hoover, the very existence of American civilization depended upon the moral fiber of its citizens. He saw this in the American ability to overcome hardships through individual effort and resolve
How the Hoover feel about the idea of direct government aid?
The idea of direct government aid, what he considered to be “handouts,” was repellant to him. He didn’t like the idea.
In keeping with these principles, Hoover’s response to the crash focused on two common American traditions.
He asked individuals to tighten their belts and work harder in the spirit of “rugged individualism.” He also asked the business community to voluntarily help sustain the economy by retaining workers and continuing production.
rugged individualism
Herbert Hoover’s response to the Great Depression, the idea that individuals had the ability to overcome the effects of the economic depression without government assistance or intervention
On October 22, 1928, as Herbert Hoover’s presidential campaign was nearing its end, he laid out his views about American individualism in a speech titled
“Principles and Ideals of the United States Government.” Today it is better known as his “Rugged Individualism” speech.
What was Hoover’s stance on black tuesday like
Hoover sought to reassure Americans that all was well. Even as economic conditions quickly became worse, he continued to present a positive stance to the public.
Example of Hoover’s stance
For example, in 1931, he pledged federal aid should he ever witness starvation in the country. By that date, however, he still did not believe such a need existed, despite the evidence that children and the elderly were starving to death. Yet Hoover was neither intentionally blind nor unsympathetic. He simply held fast to a belief system that did not change as the realities of the Great Depression set in.
What did Hoover ask the business commuity to do
, Hoover also asked the business community to voluntarily help support the economy by continuing production and keeping employees working.
He called a conference of leading industrialists to meet in Washington, DC. What happened there
e called a conference of leading industrialists to meet in Washington, DC, urging them to maintain their current wages while the nation rode out this brief economic panic.
What did Hoover do with utlity and railorad companies
He held similar meetings with utility and railroad companies and promised billions of dollars in new construction projects.
What were labor leaders like during this time
Labor leaders agreed to withhold demands for wage increases and workers continued to labor.
What did Hoover do about taxes
Hoover also persuaded Congress to pass a $160 million tax cut to bolster American incomes, leading many to conclude that the president was doing all he could to stop the panic.
How did Hoover feel aboutProviding any sort of aid directly to citizens,
Providing any sort of aid directly to citizens, in Hoover’s eyes, was considered a handout. He believed that such an action would not only lower morale but erode the very morals upon which the United States had been built. Instead, Hoover emphasized the importance of private volunteerism to help the impoverished.
What role did private relief agencies have during this time
Private relief agencies, including such organizations as the American Red Cross, Community Chest, and the Salvation Army, distributed food to the poor through soup kitchens and bread lines.