The Response to the Depression from Hoover

HideShow resource information
  • Created by: DJSalt
  • Created on: 16-03-17 16:42
History USA: Hoover's early policies: When did Hoover become President
1928
1 of 6
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
2 of 6
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.
3 of 6
What was the Emergency Relief Act, state the date introduced
July 1932, this gave $300 million to help the unemployed
4 of 6
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.
5 of 6
What did people say to criticize Hoover
People said he did too little too late
6 of 6

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
View more cards

Comments

No comments have yet been made

Similar History resources:

See all History resources »See all The USA - twentieth century change resources »