Reconstructing Finance Assistance to Banks During Recession Essay

Reconstructing Finance Assistance to Banks During Recession Essay

Historical Essay Two AMH2020

Examine the other Depression president, Hoover did respond to the Great Depression, but the economy was already under direct assault in agriculture, heavy and light industry.

Please submit Part One and Part Two in the same submission. Please note that Part One is not paper of the paper word count.

Hoover Source/Primary Source/Please follow the URL

https://iowaculture.gov/history/education/educator-resources/primary-source-sets/great-depression-and-herbert-hoover/letter-crocker (Links to an external site.)

Citation Information for PFD:

Cite PDF/Date Accessed.

Citation Information

Hoover, Herbert, 21 May 1932. Courtesy of National Archives and Records Administration (Links to an external site.) (Links to an external site.)

Part One

-In a numeric discussion define. Please note Part One to define the historical context of the primary source and the wider assignment:

1.The historical context of both source/r

2.Define the purpose of the source.

3.Define the historical actor(s)

4.Define bias/bias is background/self-interest in the source.

5.Any major historical movement associated with the source

Part Two:

Hoover Sources

https://iowaculture.gov/sites/default/files/history-education-pss-depression-crocker-transcription.pdf (Links to an external site.) (Links to an external site.)

Citation Information for PFD:

Cite PDF/Date Accessed.

Citation Information: Hoover, Herbert, 21 May 1932. Courtesy of National Archives and Records Administration (Links to an external site.) (Links to an external site.)

Subject Area: Hoover and the Depression

Allowed Sources:

1.Primary source (Required)/The American Promise/The Great Depression

2.Textbook/1 Outside J-Store Article or Hardbacked or Digital Book on Hoover/Depression

Paper Questions (Answer 1-4) Essay Form

1.In the introduction and first body paragraph examine the economic state of the United States in the 1920s. What major industries were in a major phase of economic “boom” during the 1920s? Was Hoover worried about the economy before he became president? What other major economic sectors were already in abject depression when he took office? (Secondary and Primary Source)

2.Looking specifically at the primary source what is Hoover’s response to the issue of public works, banking and industry? Why does the president seem so concerned with the idea of a national debt that is balanced? Why is spending so concerning to Hoover? What concrete steps is the government taking for the worker? Move beyond the primary source and define the new role the federal government would play in resolving the crisis, was Hoover doing enough to remedy the crisis? (Primary Source)

3.As he addresses the wider question of Public Works what were the limitations of the Reconstruction Finance Corporation? He makes a reference to “timid” capital and a railroad company, was the RFC designed to bail out the economy or spurn growth? If public works had been adopted whole throughout the United States would it have continued to “income produce”? Is Hoover being kind, cruel or pragmatic in his economic assessment given the economic reality of the first years of the depression? (Primary Source)

4.Contrast the programs described in the letter to the Alphabet created by Roosevelt. Was Hoover doing more or nothing in terms of the crisis? (Please note the “Alphabet Solution” is the AAA, TVA, CCC, etc. massive public works and federal government expansion by Roosevelt to combat the Great Depression, Secondary Source)

Please note the Alphabet Solution is a number of programs created by FDR in his first 100 Days like:

1.The AAA

2.The NIRA

Paper Requirements –

1.Only the primary sources can be used for the paper discussion. The textbook can be used to support the discussion.

2.The paper should be 1000 to 2300 words. There should be a word count at the end of the paper. Please understand that you must stay within the word count or there will be a deduction. Answers Points 1-4. Please remember that if you do not have complete in-text citation half the paper points will automatically be deducted.

3.The paper must have in-text citation and must have a works cited and or bibliography. If you do not have in-text citation you are misusing sources. Make sure that the introduction is your statement of thesis, and introduction of the topic, do not use the textbook to define the thesis, this point should belong to you.

4. Please note only two brief direct quotes are allowed in the paper, otherwise paraphrase and watch the overuse of Sources. The quotes should be no more than TWO LINES. Students need to use the evidence more effectively and develop more analysis. You can paraphrase and cite the sources, please do not overuse the SOURCES. No more two direct quotes. Please remember turnitin.com is enabled, use of sources should not be above 15% Please also note papers are not a community activity, there should be no collaboration on the creation of this assignment, please the turnitin.com reports will be carefully reviewed

5.One outside scholarly source besides the primary sources and the textbook can be used for the discussion, please note this should be a J-Store article specific to Hoover, please note this should not supplant the primary source discussion.

6.Students may use a limited direct quote which should be no more than one sentence in the essay discussion. When paraphrasing please remember to cite consistently throughout the paper.

7.No more than two brief direct quotes, please note you can paraphrase, make sure you are putting the language into your own words, be careful of summary versus analysis, make sure that evidence that you are presenting is reflective of the analysis, watch general assumptions, they need support.

8.Do not use the first person in the paper. Watch verb tense and transitions between paragraphs. Please edit the paper, please make sure that you are handing in the final version of the paper.

9.Please use proper paper formatting and citations in your paper. All papers should be double-spaced with name, date, and class and section number. (MLA or Chicago). Please submit the paper as an attachment RTF/DOC/DOX/PDF type of attachment. Turnitin is already synced with Web courses.

10.Please remember this Turnitin.com has been enabled for the Assignments.