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The USA, c1920–55: Boom, Bust and Recovery

Hoover’s response to the depression, 1929–33

  • 3 things to know
  • Paper 2

Overview

Recall questions on rugged individualism, the Smoot-Hawley Tariff, the Reconstruction Finance Corporation, the Bonus Army, and how fair his reputation is.

What you need to know

Answer each one before you reveal it.

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Key term

What were Hoovervilles?

Numbers

What did the Smoot-Hawley Tariff do?

Key term

How is Hoover's response usually judged?

Questions from this subtopic

Each one with the model answer underneath.

  1. 1

    What were Hoovervilles?

    Model answer

    Shanty towns of the homeless, named mockingly after President Hoover.

  2. 2

    How is Hoover's response usually judged?

    Model answer

    As too limited and too late, though he did create bodies such as the Reconstruction Finance Corporation.

  3. 3

    What did Hoover believe about government's role?

    Model answer

    In rugged individualism and voluntary cooperation, holding that direct federal relief would sap self-reliance and that recovery must come from business confidence.

  4. 4

    What did the Smoot-Hawley Tariff do?

    Model answer

    It raised duties on imports to record levels in 1930, provoking retaliation abroad and contributing to a fall of around two-thirds in world trade by 1933.

  5. 5

    What was the Reconstruction Finance Corporation?

    Model answer

    Hoover's 1932 agency lending to banks, railways and insurance companies, a significant intervention but criticised as help for institutions rather than people.

  6. 6

    What was the Bonus Army?

    Model answer

    The 1932 encampment of some 20,000 veterans in Washington seeking early payment of a war bonus, dispersed by troops under MacArthur with tanks and tear gas.

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AThe government admitted 96 dead and 333 wounded.
BOther estimates run to several hundred dead.
COpponents claimed thousands.

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