The Response to the Depression from Hoover

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  • Created by: DJSalt
  • Created on: 16-03-17 16:42
History USA: Hoover's early policies: When did Hoover become President
1928
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Name 2 things Hoover believed in
Balancing the budget and he refused to borrow money to help create jobs. He also believed in rugged individualism
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What was the Reconstruction Finance Corporation, state the date introduce
February 1932, this gave $2 billion of federal aid to ailing banks, insurance companies and railroads.
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What was the Emergency Relief Act, state the date introduced
July 1932, this gave $300 million to help the unemployed
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What was the Home Loan Bank Act, state the date introduced
July 1932, this set up 12 regional banks which aimed to stimulate house building and home ownership.
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What did people say to criticize Hoover
People said he did too little too late
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Other cards in this set

Card 2

Front

Name 2 things Hoover believed in

Back

Balancing the budget and he refused to borrow money to help create jobs. He also believed in rugged individualism

Card 3

Front

What was the Reconstruction Finance Corporation, state the date introduce

Back

Preview of the front of card 3

Card 4

Front

What was the Emergency Relief Act, state the date introduced

Back

Preview of the front of card 4

Card 5

Front

What was the Home Loan Bank Act, state the date introduced

Back

Preview of the front of card 5
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