Hoover and Roosevelt

President Herbert Hoover's Policies

• Hoover's Lack of Intervention

  • Belief in rugged individualism

  • Reluctance to offer direct relief

• Ineffective Policies

  • Smoot-Hawley Tariff

  • National Credit Corporation

  • Reconstruction Finance Corporation

  • Federal Home Loan Bank Act

People's Loss of Confidence in Hoover

• Economic Downturn

  • Rising poverty, unemployment, and homelessness

• Negative Public Perception

  • Seen as heartless and ineffective

• Bonus Army Incident

  • Use of force against World War veterans

Franklin Delano Roosevelt's Election Victory

• FDR's 'New Deal'

  • Relief, recovery, and reform

• Election Promises

  • Immediate action against the Depression

  • Rebuilding trade and industry

  • Social and economic reforms

• End of Prohibition

  • Popular stance on a controversial issue

This outlines President Hoover's policies, the loss of confidence in him, and FDR's victory in the 1932 Presidential Election with his 'New Deal' proposals.