Hoovers attempts to help the depression

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  • Created by: Sarah
  • Created on: 17-02-14 19:24
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  • Hoover attempts on the Depression
    • Construction projects: $4000 Million Hoover dam Colorando river 1931
    • Voluntary Co-operation: agreements to keep production and employment levels
    • Taxes were cut so there was more money to spend
    • 1932 Emergency relief Act, $300 million to states unemployed
    • 1930 Voluntary Agencies: business went bankrupt
    • Hawley-Smoot Tarrif 1930: Highest in American history 40% huge surpluses
    • 1932 Reconstruction Finace Corporation: $1,500 million to business loans.
  • Voluntary Co-operation: agreements to keep production and employment levels

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