policy relied on by chairman Hoover in the at an early stage years that the an excellent Depression by which local and also state federal governments act as main agents of economic relief
Hoover believed upswings and downswings in business cycles to be natural and also that federal government should not interfere.

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Hoover relied ~ above willful collaboration that would certainly put an individual interests aside and encourage production and also consumption.
federal agency set up by congress in 1932 to administer emergency government credit to banks, railroads, and also other big businesses
trickle-down economicsHoover felt the if money poured right into the top of the financial pyramid, it would trickle down to the base.

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What positive impact did the construction of the Hoover Dam have actually on the economic climate of the Southwest in the 1930s?
group of people War i veterans that marched ~ above Washington, D.C., in 1932 to demand early payment of a bonus promised lock by Congress
MacArthur exceeded his order, deciding to move the marchers out of the city altogether. The ordered his troops to prepared tear gas and fix bayonets.
How did general Douglas MacArthur respond to Herbert Hoover"s order to clear Bonus army veterans from your makeshift camps?
During the an excellent Depression, which economic system did many Americans think was component of the problem?
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