22.3 Hoover Struggles with the Depression Hoover’s belief in the “rugged individual” leads his...
-
Upload
baldwin-warren -
Category
Documents
-
view
217 -
download
0
Transcript of 22.3 Hoover Struggles with the Depression Hoover’s belief in the “rugged individual” leads his...
![Page 1: 22.3 Hoover Struggles with the Depression Hoover’s belief in the “rugged individual” leads his team to react slowly to crisis Saw it as a temporary and.](https://reader036.fdocuments.us/reader036/viewer/2022062519/5697c0191a28abf838cce680/html5/thumbnails/1.jpg)
22.3 Hoover Struggles with the Depression
•Hoover’s belief in the “rugged individual” leads his team to react slowly to crisis•Saw it as a temporary and necessary downswing•Opposed direct relief, felt intervention by federal government would destroy free enterprise•Resentment towards Hoover and Republicans grows daily•1930 mid-term elections, Democrats take control of House
![Page 2: 22.3 Hoover Struggles with the Depression Hoover’s belief in the “rugged individual” leads his team to react slowly to crisis Saw it as a temporary and.](https://reader036.fdocuments.us/reader036/viewer/2022062519/5697c0191a28abf838cce680/html5/thumbnails/2.jpg)
![Page 3: 22.3 Hoover Struggles with the Depression Hoover’s belief in the “rugged individual” leads his team to react slowly to crisis Saw it as a temporary and.](https://reader036.fdocuments.us/reader036/viewer/2022062519/5697c0191a28abf838cce680/html5/thumbnails/3.jpg)
![Page 4: 22.3 Hoover Struggles with the Depression Hoover’s belief in the “rugged individual” leads his team to react slowly to crisis Saw it as a temporary and.](https://reader036.fdocuments.us/reader036/viewer/2022062519/5697c0191a28abf838cce680/html5/thumbnails/4.jpg)
![Page 5: 22.3 Hoover Struggles with the Depression Hoover’s belief in the “rugged individual” leads his team to react slowly to crisis Saw it as a temporary and.](https://reader036.fdocuments.us/reader036/viewer/2022062519/5697c0191a28abf838cce680/html5/thumbnails/5.jpg)
Attempts at Helping
• Programs started by Hoover:– Public Works Projects (Hoover Dam)– Federal Farm Board-control prices– Glass Steagall Banking Act (FDIC)-protects banks– Federal Home Loan Bank Act-keep people in homes– Reconstruction Finance Corporation (trickle-down
economics)
![Page 6: 22.3 Hoover Struggles with the Depression Hoover’s belief in the “rugged individual” leads his team to react slowly to crisis Saw it as a temporary and.](https://reader036.fdocuments.us/reader036/viewer/2022062519/5697c0191a28abf838cce680/html5/thumbnails/6.jpg)
Hoover and Bonus Army
• Group of WWI vets led by Waters march to DC to get $1,000 bonus
• Hoover allowed them to create Hooverville while issue was debated
• Senate and Hoover deny money and say go home• About 2,000-5,000 stayed• Police shot 2 vets• Army tear gassed families, 2 babies die
• Hoover’s reluctance to act and gassing of Bonus Army costs him any chance of re-election
![Page 7: 22.3 Hoover Struggles with the Depression Hoover’s belief in the “rugged individual” leads his team to react slowly to crisis Saw it as a temporary and.](https://reader036.fdocuments.us/reader036/viewer/2022062519/5697c0191a28abf838cce680/html5/thumbnails/7.jpg)
![Page 8: 22.3 Hoover Struggles with the Depression Hoover’s belief in the “rugged individual” leads his team to react slowly to crisis Saw it as a temporary and.](https://reader036.fdocuments.us/reader036/viewer/2022062519/5697c0191a28abf838cce680/html5/thumbnails/8.jpg)
![Page 9: 22.3 Hoover Struggles with the Depression Hoover’s belief in the “rugged individual” leads his team to react slowly to crisis Saw it as a temporary and.](https://reader036.fdocuments.us/reader036/viewer/2022062519/5697c0191a28abf838cce680/html5/thumbnails/9.jpg)
![Page 10: 22.3 Hoover Struggles with the Depression Hoover’s belief in the “rugged individual” leads his team to react slowly to crisis Saw it as a temporary and.](https://reader036.fdocuments.us/reader036/viewer/2022062519/5697c0191a28abf838cce680/html5/thumbnails/10.jpg)