What Hoover did to help the depression

The asotiations

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  • Created by: Gail
  • Created on: 21-06-11 14:15

Organisations

NCC:Funded banks,it only lent out 10, out of 500m that it had to spend.

RFC:The replacement of the NCC

Emergency relief and construction act:Lent to farmers and public work.

Federal home loan banking act:Lent money to people unable to pay back their loans, they only helped 3 applicants.

PECE:Was set up to encourge local charaties. This was renamed POUR and it didnt have enough money to help them.

Federal farm board: Bought farm supplies (The food been made) and destroyed it.

Smoot hawley tarrif:Increased tariff on imported goods this made things worse not better.

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