America 1930-1939: Business and the Economy Research Article from American Decades

This Study Guide consists of approximately 106 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of America 1930-1939.
Encyclopedia Article

America 1930-1939: Business and the Economy Research Article from American Decades

This Study Guide consists of approximately 106 pages of chapter summaries, quotes, character analysis, themes, and more - everything you need to sharpen your knowledge of America 1930-1939.
This section contains 185 words
(approx. 1 page at 300 words per page)
Buy the America 1930-1939: Business and the Economy Encyclopedia Article

In retrospect President Herbert Hoover's attempts to deal with the Depression were relatively innovative and well intended. Some of his ideas, for instance the Reconstruction Finance Corporation, continued to become part of Roosevelt's New Deal program. Hoover was also personally moved by the suffering of people during the Depression. But Hoover's political style was fixed to an older age, one that saw personal expressions of sympathy as irresponsible. "No president," he told an adviser, "must ever admit he has been wrong." By 1932 Hoover's apparent indifference to the plight of the common man and his unwillingness to develop sweeping programs to deal with the emergency made him the target of bitter mockery by the public. They developed a lexicon of "Hooverisms" that convey something of the misery of the period:

* Hoovervilles: shantytowns of scrap, metal and cardboard that sprung up in every major city...

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This section contains 185 words
(approx. 1 page at 300 words per page)
Buy the America 1930-1939: Business and the Economy Encyclopedia Article
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