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Beliefs- people should be responsible for their own w…. And government should not intervene, l… f….
Welfare, lassiez faire
Beliefs- Claimed USA was close to the final t… over p…. - then depression
Triumph, poverty
Beliefs- Believed in r… i….. - role of individual- hard work
Rugged individualism
Beliefs- Believed in s…. help and v…… cooperation to solve problems -“a voluntary deed more precious than deeds poured from the t…..”
Self, voluntary, treasury
Beliefs- However v….. increased over depression to $.. million but could not deal with depression- hoover could not abandon these beliefs- convinced e….. could fix itself
Voluntarism, 21, economy
Hoovers policies- criticised for doing too l….. too late and some policies made situation worse- h… s…. Tariff act 1930= s….. towns named h…. Due to unemployment
Little, hawley smoot, shanty, Hoovervilles
Agriculture- hoover assisted farmers with a…… m…… act 1930- lend money to farmers- stabilise p….. so produce sold with p…..- move away from lassiez faire
Agricultural marketing, prices, profit
Agriculture- Grain s…….. corporation- buy wheat to be stored until prices increased- failed as paid too h…. prices, t….. affected as countries refused to t…. so couldn’t sell s….. and prices declined
Stabilisation, high, tariffs, trade, surplus
Industry- balance b….. by reducing federal spending and opposing r…. schemes suggested by c…..- wanted to solve depression through voluntary actions
Budget, relief, congress
Industry- encouraged businessmen to not cut w….. 1932=$… million to provide relief, e…… relief act=$… million to states to help unemployed and home l….. bank act gave money to stimulate house building
Workforce, 500, emergency, 300, loan
Bonus marchers- treatment of them= more unpopular, they were WW1 v…… promised a bonus in 19..- veterans couldn’t wait that long= 1932= unemployed veterans marched to Washington DC for bill to allow e…. payment + built h….. outside- pay bonus would’ve been millions- hoover thought too much and called army- leader= m……. - … injured and hoover seemed to not care
Veterans, 1945, early, Hooverville, MacArthur, 100