Hoover Struggles with the Depression
President Hoover’s conservative response to the Great Depression drew criticism from many Americans.
What is Hoover Struggles with the Depression? (Page 478)
By [...] people were calling the shantytown in American cities “Hoovervilles” - a direct slap at the president’s policies.
What happened in 1930?
(Page 480)
The Senate voted down the Patman Bill.
What happened on June 17?
(Page 482)
A president who tried to reassure Americans that the nation's economy was on a sound footing.
Who was Herbert Hoover?
(Page 478)
In this cartoon, [...] point their fingers at the beleaguered.
American points
(Page 481)
Worsening conditions in the country caused the government to become more involved in the health and wealth of the people.
Why does Hoover Struggles with the Depression matter now?
(Page 478)
In [...], Hoover signed into law the Federal Home Loan Bank Act
What happened in 1932?
(Page 481)
A force of 1,000 soldiers under the command of General Douglas MacArthur and his aide, Major Dwight D. Eisenhower, came to roust the veterans.
What happened on July 28?
(Page 483)
The law which lowered mortgage rates for homeowners and allowed farmers to refinance their farm loans and avoid foreclosure.
What is the Federal Home Loan Bank Act?
(Page 481)
Hoover was finally able to authorize construction of [...] (layer called Hoover Dam).
Boulder Dam
(Page 480)
Herbert Hoover has been an engineer, and he put great faith in the power of reason.
What was Hoover’s philosophy?
(Page 479)
In [...], these veterans from Muncie, Indiana, decided to remain in the capital until their bonus was paid to them.
What happened in 1932?
(Page 482)
The Bonus Army should be disbanded.
What did President Hoover decide?
(Page 483)
To provide new financing; to discharge a mortgage with a new mortgage obtained at a lower interest rate.
What is refinance?
(Page 481)
After the stock market crash [...] tried to reassure Americans that the nation’s economy was on a sound footing.
President Herbert Hoover
(Page 478)
Hoover’s most ambitious economic measure.
What was the Reconstruction Finance Corporation?
(Page 481)
The Reconstruction Finance Corporation approved by Congress in January [...]
What happened in 1932?
(Page 481)
An average of $500.
How much money should be paid each soldier?
(Page 482)
It authorized up to $2 billion for emergency financing for banks, life insurance companies, railroads, and other large business.
What is the Reconstruction Finance Corporation?
(Page 481)
A _____ family from Arkansas walks through Texas looking for work in the cotton field along the Rio Grande.
Depression-era
(Page 478)
Hoover appealed to Congress to pass a series of measures to reform banking, provide mortgage relief, and funnel more federal money into business investment.
What was direct intervention?
(Page 481)
After the stock market crash of October [...], President Herbert Hoover tried to reassure Americans that the nation’s economy was on sound footing.
What happened in 1929?
(Page 478)
Approximately 2,000, still hoping to meet with the president, refused to budge.
What did the Bonus Army want?
(Page 483)
A group of World War l veterans and their families who marched on Washington, D. C., in 1932 to demand the immediate payment of a bonus they had been promised for military service.
What is Bonus Army?
(Page 482)
The woman was recalling President Hoover’s empty 1928 pledge: [...]
“A chicken in every pot and a car in every garage.”
(Page 478)