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Ch. 21 Great Depression

Ch. 21 Great Depression. Pres. Herbert Hoover. -elected 1928 -supported Prohibition? -little gov’t interference, m ore voluntary action -”Rugged Individualism”. “Rugged Individualism”. -associative state -Hoover Dam -Cooperatives. Great Depression. -Bank failures -Farm failures

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Ch. 21 Great Depression

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  1. Ch. 21 Great Depression

  2. Pres. Herbert Hoover -elected 1928 -supported Prohibition? -little gov’t interference, more voluntary action -”Rugged Individualism”

  3. “Rugged Individualism” -associative state -Hoover Dam -Cooperatives

  4. Great Depression -Bank failures -Farm failures -Unemployment

  5. Effects -Hoovervilles -Hoboes -Hunger

  6. Dust Bowl -Drought in Great Plains -no vegetation to hold soil in place -2.5 million flee the Plains

  7. Hoover’s Response -at first, Hoover sticks with his ideas of “Rugged Individualism” and the “associative state” -believed in voluntary cooperation -not very successful

  8. Bye-Bye Voluntary Cooperation! -1932- Reconstruction Finance Corporation is created -1932- Federal Home Loan Bank -1930- Smoot-Hawley Tariff Act

  9. Hoover loses favor -too optimistic??!! -no direct help for individuals -Bonus March

  10. 1932 Election -Hoover wins 6 states, 59 electoral votes -FDR wins the rest, 472 electoral votes

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