Download presentation
Presentation is loading. Please wait.
Published byBennett Mitchell Modified over 9 years ago
2
- Self made man - Seen as optimistic, efficient, and intelligent - Continued conservative policies of Harding and Coolidge
3
“Trickle Down” (Supply Side) Economics Government supports big business Theoretically, businesses will see improvement That increased profitability will “trickle down” through the economy Life will improve for everyone
4
Like most people, Hoover believed the depression would be short & eventully fix itself Don’t worry guys!
5
I relied on business leaders to keep wages and production the same!
7
Charity is the obligation of local governments and individuals!
8
Everyone shares equipment Reduces costs
10
Authorized $2 Billion in loans to banks, insurance companies, and railroads
11
Emergency Relief Act (July 1932) The RFC could loan money to aid the unemployed in counties close to bankruptcy Very difficult to qualify
12
Hoover was blamed for not doing enough
13
Terms like: Hoovervilles Hoover Blankets Hoover Flags Mocked the president
14
WWI Veterans marched on Washington DC to protest that their enlistment bonuses had gone unpaid
15
Congress refused to pay their bonuses
16
Regular army was used against the veterans
17
Became a public relations disaster for Hoover
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.