1. Hoover Struggles with the Depression

2. Hoover’s Beliefs Role of Government: – Encourage voluntary cooperation to solve problems – Limited involvement – Rugged individualism

3. Hoover’s Beliefs Economics – Laissez Faire – Depressions are a normal part of business cycles – Economy would fix itself

4. 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

5. Hoover’s Actions Boulder Dam Federal Home Loan Bank Act Reconstruction Finance Corporation Too little too late

6. 1932 Election: Hoover vs. FDR

7. Roosevelt and the New Deal

8. Roosevelt’s Characteristics Friendly and confident Creative ideas New Deal: series of programs proposed by Roosevelt to try to fix the Depression.

9. Goals of the New Deal Economic recovery Help needy Reform banking and finance