Herbert Hoover

Hands off Policy

Hoovers original response to the market crash. “Just part of the normal business cycle.”

Food Riots

several hundred men and women smashed the windows of a grocery market and made off with fruit, canned goods, bacon, and ham.

Rugged Individualism

a belief that individuals can succeed with minimal governmental aide.

Volunteerism

people need to volunteer to help those in need

Localism

policy whereby problems could best be solved at the local and state government level

Reconstruction Finance Corporation

gave more than a 2 billion dollars of government loans to banks and large businesses

Trickle-down economics

$$$ pouring into the top of the economic pyramid will trickle down to the bottom.