Slides in this set
· Hoover was a republican (right-wing)
· Hoover believed in Laissez-faire and rugged individualism, he
believed if the government gave money or charity to the poor
or unemployed they would become reliant on the
· Hoover claimed that during his presidency there would be a
`chicken in every pot' however by 1932 this still hadn't
happened and the nation lost much of their confidence in the
· Laissez-faire led to banks and businesses continuing to fail as
they had no help, again the nation lost much confidence in
the government.…read more
Criticisms of Hoover
· Blamed for the Depression
· He was seen by the nation to be doing nothing to help the
· Many of his relief schemes were too small or introduced too
late to make any difference
· He was seen as grim and pessimistic when compared with F.D
Roosevelt's confidence and optimism.…read more
Federal Farm Board (FFD)
· In July 1929 Hoover set up the Federal Farm Board to buy up
the surplus crops that were being over produced after WW2.
· He gave the board $500 million to buy these surplus crops but
by 1932 to the money had all run out and the board was
disbanded. The board could no longer help farmers with
debts which caused resentment towards the government.
· The food they bought was then destroyed, rather than being
used to feed the unemployed, (rugged individualism from the
· In June 1930 Hoover introduced the Smoot-Hawley tariff, a
tax on imported goods, introduced to try and keep American's
buying American goods, to keep Americans in work.
· This led to other countries putting a large tariff on US
· This caused a collapse in international Trade and ruined many
American businesses, also led to overproduction.
· In 1930, Hoover cut taxes, with the belief that if people were
paying less in taxes they would have money to buy new goods
and put money into businesses and have more money in their
· This put more money in the economy.