What was the New Deal (1st and 2nd) and its goals (3 R's)?
Three R’s:
Relief-for the people
Recovery- recover from the depression
Reform- glass/segal act, social security mainly provided for unemployment, economic and bank systems.
Why did people criticize the New Deal?
Why FDR upset with the US Supreme Court was and what did he do to try to solve this issue?
How did the New Deal help:
Unemployed:
The CCC helped unemployed people get back to work, they had to join a peace army, and men in the CCC received $30 per month, made 97,000 miles of road, planted 3billion trees. FERA- gave money out to the states who gave it to people who need money it also gave food clothing and jobs to people.
PWA- passed June 19, 1933, built the Oregon capital building and a New York bridge, it did not work cause the building that were built because the house were to expensive for them.
WPA-helped to feed children, helped fund many things like art history and American culture, provided nearly 1 million students to find some kind of work. CWA-created in 1933, hired 4 million people,
CWA took several millions relief recipients of welfare and gave them regular wages, it lasted 6 months b/c the workers were given high wages.
Farmers:
factory workers/labor-FLSC -increased minimum wage and improved working hours. 40 hors per week and 40 cents for minimum wage. Excluded women and African American from working. It made it so children under the age of 14 could not work.
Young people-
Banks/business/stock market:
Glass-Segal act/allowed federal reserve to regulate interest rates. Tried to stop deflation, expanded the Federal Reserve ability to offer rediscounts on more types of assets.
Glass-Segall Act established in1933,banking reformed and controlled speculations FDIC 600 banks failed between 1921-1929stilll around today
Home owners:
elderly:
Native Americans:
IRA- could manage their own land in 1933, could self govern themselves, and reversed the Daws Act,
Describe the culture of the 1930's.
Key terms:
Hundred Days- FDR’s first 100 days in office were he passed 15 major bills,
fireside chats
priming the pump
deficit spending
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