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Arts and Humanities
History
History of the Americas
Unit 3 Great Depression (Set 2)
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Voluntarism
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Hoover believed that individuals should help each other not rely on the gov't. Public relief should come from charities or private institutions
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Terms in this set (40)
Voluntarism
Hoover believed that individuals should help each other not rely on the gov't. Public relief should come from charities or private institutions
rugged individualism
Herbert Hoover's belief that people must be self-reliant and not depend upon the federal government for assistance.
Reconstruction Finance Corporation
Agency established in 1932 to provide emergency relief to large businesses, insurance companies, and banks.
Emergency Relief and Construction Act
Called for $1.5 billion for public works and $300 million in loans to the states for direct relief.
Bonus March
Event when nearly 17,000 veterans marched on Washington in 1932, to demand the military bonuses that they had been promised; this group was eventually driven from their camp city by the U.S army; increased the public perception that the Hoover administration cared little about the poor.