Monday- Presentations
National Industrial recovery Act- Authorized the current president of that time to regulate the industry for fair wages and prices that will help stimulate the economic recovery. It was declared unconstitutional after 2 years.
Federal Deposit Insurance Corporation - Responded to the thousands of bank failures and people losing their money due to that. Preserved and promoted public confidence in the U.S. financial system.
Agricultual Adjustment Act - Made to pay farmers to cut back on crop production so prices could rise. Declared unconstitutional and was passed as a law in 1937.
Tuesday- Presentations
Checking Bill- Tried to kick out anyone over 70 on the supreme court and add 6 more but didn't pass.
Reasons for Opposition to FDR and the New Deal
- Created a powerful president that led Congress
- It was a radical departure from Lassez Faire ideals. Made a big Gov't
- Heavy debt burden after the New Deal
Wednesday-Winter Break
Thursday- Winter Break
Friday- Winter Break
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