hoover struggles with the depression. hoover’s beliefs role of government: – encourage voluntary...

Hoover Struggles with the Depression

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Hoover Struggles with the Depression

Hoover’s Beliefs• Role of Government: –Encourage voluntary

cooperation to solve problems–Limited involvement–Rugged individualism

Hoover’s Beliefs• Economics–Laissez Faire–Depressions are a

normal part of business cycles–Economy would fix

itself

Page 4: Hoover Struggles with the Depression. Hoover’s Beliefs Role of Government: – Encourage voluntary cooperation to solve problems – Limited involvement –

Public Opinion of Hoover• Negative view–People felt he was

out of touch–People wanted him

to do more–Bonus Army incident

also hurt image

Page 5: Hoover Struggles with the Depression. Hoover’s Beliefs Role of Government: – Encourage voluntary cooperation to solve problems – Limited involvement –

Hoover’s Actions• Boulder Dam• Federal Home Loan

Bank Act• Reconstruction

Finance Corporation• Too little too late

Page 6: Hoover Struggles with the Depression. Hoover’s Beliefs Role of Government: – Encourage voluntary cooperation to solve problems – Limited involvement –

1932 Election: Hoover vs. FDR

Page 7: Hoover Struggles with the Depression. Hoover’s Beliefs Role of Government: – Encourage voluntary cooperation to solve problems – Limited involvement –

Roosevelt and the

New Deal

Page 8: Hoover Struggles with the Depression. Hoover’s Beliefs Role of Government: – Encourage voluntary cooperation to solve problems – Limited involvement –

Roosevelt’s Characteristics• Friendly and

confident• Creative ideas• New Deal: series of

programs proposed by Roosevelt to try to fix the Depression.

Page 9: Hoover Struggles with the Depression. Hoover’s Beliefs Role of Government: – Encourage voluntary cooperation to solve problems – Limited involvement –

Goals of the New Deal• Economic

recovery• Help needy• Reform banking

and finance

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