Hoover And Great Depression Flashcards

(35 cards)

1
Q

2 key features of Hoover’s reaction to Great Depression

A
  1. He didn’t directly help, believing in volunteerism
  2. Introduced laws to help indirectly
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2
Q

Why didn’t Hoover intervene to help usa

A
  • laissez-faire attitude
  • emphasised rugged individualism
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3
Q

What is rugged individualism

A
  • Idea that government shouldn’t interfere with people’s lives
  • and no handouts to help people
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4
Q

How did government interfere to help

A
  • 1930, hawley-smoot tariff
  • 1932, emergency relief + construction act
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5
Q

When was hawley smoot tariff act passed

A

1930

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6
Q

When was emergency relief + construction act passed

A

1932

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7
Q

What did Hawley-smoot tariff do

A
  • raised import taxes on over 20,000 European goods by 40%
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8
Q

What did hawley-smoot tariff aim to do

A
  • increase the prices of non-American goods
  • so American goods were cheaper and more appealing
  • this increased the number of American goods purchased
  • led to gradual increase in price of American goods
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9
Q

What did 1932 emergency relief + construction act do

A

Gave loans to promote building of infrastructure

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10
Q

What was the aim of emergency relief and construction act 1932

A
  • provide jobs
  • to help economy
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11
Q

Name the famous infrastructure built using loans from the emergency relief + construction act

A

Hoover dam

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12
Q

Hoover’s limited reaction made him very unpopular

A

//

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13
Q

2 features of unemployment following the depression

A
  1. Many lost jobs and savings
  2. Many moved to Hoovervilles
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14
Q

How many banks closed by 1933

A

9000 banks

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15
Q

How much was lost in savings from bank failures

A

$2.5 billion lost in savings

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16
Q

What other meteorological event was going on at the same time

A
  • dust bowl:
  • stormy weather conditions
  • destruction of farms
17
Q

How much did farmer’s income fall in 1932

A

$6 billion to $2 billion

18
Q

What did farmers do as a result of the dust bowl and crash

A
  • migrated elsewhere having lost their land
19
Q

What happened to wages in industry in 1933

A

Wages Halved
- even ford made workers redundant

20
Q

By 1933, what % of the workforce was unemployed

A

25%
- couldn’t afford rent

21
Q

2 key features of Hoovervilles

A
  1. Named after Hoover
  2. Very bad conditions
22
Q

Why were the Hoovervilles named after Hoover

A
  • mocking him
  • for doing nothing to help
23
Q

Who live in Hoovervilles predominantly

A
  • blacks + immigrants
  • who lost their jobs
24
Q

Sanitary and quality of life conditions in Hoovervilles

A
  • lack of clean water
  • lack of electricity
25
What were homes in Hoovervilles made of
- scrap material - like cardboard, wooden planks
26
2 features of bonus marchers
1. WW1 veterans who were promised bonuses 2. Marched to Washington
27
How much was the bonus
$625 each
28
Why were they promised bonuses
- to make up for their lost wages while serving
29
Why did the veterans want their bonuses now
- many became unemployed - many lost their savings - needed the money to feed their families
30
What did the bonus marchers do to act
- 1932, 20,000 bonus marchers marched to Washington DC And: - after congress rejected their proposal - set up camp in Washington DC
31
Why did the veterans march on Washington and set up camp
- to put pressure on Hoover
32
What did Hoover do in response to the bonus march
- Hoover called the army to teargas the marchers - 100 injured - 3 killed
33
What effect did Hoover’s reaction to the bonus marchers have on him
- even more unpopular now - especially because veterans are very highly respected in usa - also he set police against veterans
34
How many bonus marchers were there in the march in 1932
20,000 WW1 veterans
35
When did the bonus marchers march on Washington
1932