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Unit 5: Essay 1 “How did Herbert Hoover and FDR offer different solutions to the Depression ? Why did FDR beat Hoover in the election of 1932?”
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I. Herbert Hoover’s Response to the Depression Hoover’s Philosophy 1. Strength is based upon “SELF-RELIANCE” – Destroyed if people DEPEND on Govt. 2. For temporary help, Americans should VOLUNTEER to help each other = “VOLUNTEERISM” 3. STATE & LOCAL governments might provide RELIEF – but this is not job of FEDERAL Govt.
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I. Herbert Hoover’s Response to the Depression 4. Govt. should not INTERFERE with the national ECONOMY – why ? because the economy can FIX ITSELF ! 5. Hoover said the Depression is only a TEMPORARY SLUMP – the economy will FIX ITSELF, if left alone
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“Small Boat” Analogy
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I. Hoover’s Response – Actions as President 1. Hoover tried to encourage people to have faith in econ. with SPEECHES 2.He stopped Congress from “INTERFERING” with economy and offering RELIEF to people 3. He said STATE & LOCAL govt’s should provide relief
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I. Hoover’s Response – Actions as President 4.Creates FARM BUREAU to assist FARMERS – but strictly a VOLUNTARY organization 5.1932 – Create RECONSTRUCTION FINANCE CORP. (RFC) = lend BANKS, BUSINESSES money money will “TRICKLE DOWN” = NEW JOBS
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How did Hoover & FDR offer different solutions ? Why did FDR beat Hoover in 1932 election ? HOOVER Background orphan – middle-class Stanford grad Profession Engineer/businessman Political Party Republican FDR Background wealthy, famous family with political connections – has polio Harvard grad Profession career politician Political Party Democrat
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How did Hoover & FDR offer different solutions ? Why did FDR beat Hoover in 1932 election ? HOOVER Experience successful businessman Coolige’s Secretary of Commerce FDR Experience copied TR’s career = NY Legislator, Governor Asst. Secretary of Navy
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How did Hoover & FDR offer different solutions ? Why did FDR beat Hoover in 1932 election ? HOOVER Solutions ? “Trickle-down” economics (RFC) “Sit tight” – “volunteerism” Role of the Government ? Fed. Govt. should NOT interfere in the economy can only make it worse FDR Solutions ? Govt must DO SOMETHING now -- Plan = called “a New Deal” (3-R’s) Relief, Recovery, Reform Role of the Government ? Purpose of Fed. Govt. is to 1. SOLVE problems 2. Help citizens in distress
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How did Hoover & FDR offer different solutions ? Why did FDR beat Hoover in 1932 election ? HOOVER Why did voters prefer FDR ? 1) Hoover blamed for Depression 2) Trickle-down is too little, too late 3) Hoover seems to not care (Bonus Army) FDR Why did voters prefer FDR ? Exudes a positive, hopeful attitude he seems confident and personable -- seems to “care”
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1928 Presidential Election Hoover won big-time !
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1932 Presidential Election FDR Wins !
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