Question

name
chapter 14 section 3 (pages 478-483)
hoover struggles with
the depression
before you read
in the last section, you read about how the depression
affected common people.
in this section, you will learn how president hoover tried to
stop the depression.
as you read
use the chart below to take notes about the actions
president hoover took to end the depression.
actions
boulder dam public works project to put people to work
hoover tries to reassure
the nation (pages 478-481)
how could the nation recover?
economic slowdowns occur regularly. over time,
economies go through cycles. there are times of
economic growth and prosperity. they are fol-
lowed by slumps when the economy slows down.
in the 1930s, many experts believed that it was best
not to interfere with these economic cycles. they
argued that slumps would end on their own and
good times would return.
at first, president herbert hoover believed
that the great depression was just another slow-
down that would end on its own. his advisors
thought that it was best to do nothing. the econo-
my would heal itself. hoover believed the govern-
ment should take some action. but he also believed
that government should not take too much power
or give direct aid to poor people.
hoover believed government should help differ-
ent groups work together to improve the economy.
for example, hoover thought government should
help managers and workers find solutions to their
problems. but he did not think government should
decide on the solution.
hoover also believed in “rugged individual-
ism”—the idea that people should succeed
through their own efforts. he believed people
should take care of themselves and each other, and
that the government should encourage private
groups to help the needy. he thought that chari-
ties—not government—should give food and shel-
ter to people who were poor or out of work.
hoover felt that government could guide these
private relief efforts. none of these steps made a
difference. the economy shrank and unemploy-
ment continued to go up.
terms and names
herbert hoover 31st president
boulder dam dam on the colorado
river built during the depression to
create jobs
federal home loan bank act law
passed in 1931 to reduce mortgage
rates to save farmers from
foreclosure
reconstruction finance corporation
agency established in 1932 to provide
emergency relief to large businesses,
insurance companies, and banks
bonus army unemployed world war
i veterans who marched to
washington to demand their war
bonuses

Explanation:

To fill the chart about Hoover's actions to end the Depression, we can extract the following from the text and the "TERMS AND NAMES" box:

1. Federal Home Loan Bank Act

From the "TERMS AND NAMES" box: Law passed in 1931 to reduce mortgage rates to save farmers from foreclosure

2. Reconstruction Finance Corporation (RFC)

From the "TERMS AND NAMES" box: Agency established in 1932 to provide emergency relief to large businesses, insurance companies, and banks

If we were to present this in the chart:

ACTIONS	DESCRIPTION
Federal Home Loan Bank Act	Law to reduce mortgage rates (save farmers from foreclosure)
Reconstruction Finance Corp	Emergency relief to large businesses, insurers, and banks

These actions reflect Hoover’s attempts to address the Depression through legislation, public works, and financial relief (while still emphasizing private-sector and voluntary efforts over direct government aid).

Answer:

To fill the chart about Hoover's actions to end the Depression, we can extract the following from the text and the "TERMS AND NAMES" box:

1. Federal Home Loan Bank Act

From the "TERMS AND NAMES" box: Law passed in 1931 to reduce mortgage rates to save farmers from foreclosure

2. Reconstruction Finance Corporation (RFC)

From the "TERMS AND NAMES" box: Agency established in 1932 to provide emergency relief to large businesses, insurance companies, and banks

If we were to present this in the chart:

ACTIONS	DESCRIPTION
Federal Home Loan Bank Act	Law to reduce mortgage rates (save farmers from foreclosure)
Reconstruction Finance Corp	Emergency relief to large businesses, insurers, and banks

These actions reflect Hoover’s attempts to address the Depression through legislation, public works, and financial relief (while still emphasizing private-sector and voluntary efforts over direct government aid).