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Friday, February 7, 2014 Chapter 9 Lesson 3
“Hoover’s Response to the Depression” Read each slide and take notes. Use what you read and your notes to answer the questions on the Guided Reading worksheet.
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NOTES Hoover believed that American “rugged individualism” would keep the economy moving and that the government should not step in to help individuals. 1. Why did Hoover believe the government should not step in to help individuals?
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2. What did he think contributed to Europe’s slow recovery?
NOTES After World War I, many European countries implemented a form of socialism, which Hoover felt contributed to their lack of economic recovery. 2. What did he think contributed to Europe’s slow recovery?
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3. How did Hover hope to rescue banks?
NOTES Hoover set up the National Credit Corporation (NCC) in October The NCC created a pool of money that allowed troubled banks to continue lending money in their communities. 3. How did Hover hope to rescue banks?
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4. Why did Congress pass the Emergency Relief and Construction Act?
NOTES Congress passed the Emergency Relief and Construction Act in July. Reluctantly, Hoover signed it. The new act called for $1.5 billion for public works and $300 million in emergency loans to the states for direct relief. For the first time in American history, the federal government was supplying direct relief funds. 4. Why did Congress pass the Emergency Relief and Construction Act?
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5. Who organized hunger marches in 1931?
NOTES Crowds began showing up at rallies and “hunger marches” organized by the American Communist Party. 5. Who organized hunger marches in 1931?
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6. Why did farmers burn their crops?
NOTES Some farmers began destroying their crops, desperately trying to raise prices by reducing the supply. 6. Why did farmers burn their crops?
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7. What did the Bonus Army want?
NOTES After World War I, Congress had enacted a $1,000 bonus for each veteran, to be distributed in 1945. In 1929 Texas congressman Wright Patman introduced a bill that would authorize early payment of these bonuses. In May 1932, several hundred Oregon veterans began marching to Washington, D.C., to lobby for passage of the legislation. 7. What did the Bonus Army want?
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8. How was President Hoover’s image tarnished?
NOTES Once in Washington, the veterans camped in Hoovervilles. In late July, Hoover ordered the buildings cleared. The police tried, but when an officer panicked and fired into a crowd, killing two veterans, the secretary of war asked if he could send in army troops. National press coverage of troops assaulting veterans further harmed Hoover’s reputation and hounded him throughout the 1932 campaign. 8. How was President Hoover’s image tarnished?
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Why did people become angry and protest?
NOTES Your answers will vary but should talk about: (be specific and use examples) What Hoover did to reduce people’s fears and inspire confidence. Why did people become angry and protest? 9. What was the public mood concerning the economy at the beginning of the 1930’s?
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