Hoover’s Responses to the Depression Flashcards

What idea called "rugged individualism" guided Hoover’s response to the Depression?

That people and local groups should help themselves, not rely on federal aid.

Keep wages and jobs and work with charities and local government on relief.

The Hoover (Boulder) Dam on the Colorado River.

Lend emergency money to banks, railways and big companies to stop collapse.

It helped banks and businesses but gave little direct help to the unemployed.

Allowed federal loans to states for relief and funded more public works.

It raised import taxes; other countries hit back and world trade fell.

A voluntary fund where big banks helped smaller banks to stop failures.

It bought surplus crops and backed co-ops to hold prices up, but it was not enough.

To give lenders cheaper funds for mortgages and cut home and farm repossessions.

A one-year pause on war debts and reparations to ease the world crisis.

He refused early payment and used the army to clear their camps, hurting his popularity.