Today we gave more presentations about our topics for the New Deal project. We also went over some of the test questions. We went through several presentations today. We only had one presentation today because classes were shortened since we had a two hour late start.
What was the New Deal(1st and 2nd) and it's goals(3 R's)?
Relief, Reform, and Recovery.
Why did people criticize the New Deal?
Why was FDR upset with the US Supreme Court and what did he do to try to solve this issue?
How did the New Deal help:
unemployed- CCC, and FSLA, PWA, WPA, CWA
farmers
factory workers/labor- FSLA
young people
banks/business- FDIC
home owners
elderly
Native Americans
Describe the culture of the 1930's.
Key terms:
Hundred Days- CCC, 100 days
fireside chats
priming the pump
deficit spending
FERA- Reconstruction Finance Corporation. Directed by Harry Hopkins from Iowa. Began in May ’33. Gave states 3.1 billion dollars to operate local work projects. Provided work for 20 million people.
SSA- Social Security Administration. Two men Steagall and Glass had two acts named after them. Effort to stop deflation.
PWA- Public Works Administration- Passed in June 16, 1933. Built Oregon state capital, bridge in New York and provided many jobs for the unemployed. Not successful because the supplies was too expensive. Abolished in ’41.
Dawes Act- Let Indians manage their own land and self govern themselves. Provided peace.
FDIC- Banking Act of ’33 established the FDIC. Helped reform banks. Separated investment and commercial banking. Made it safer for people to invest in banks. People lost everything. Established on Jan. 1 1934. Kept America’s confidence in our financial system. Average of 600 banks failed. Some thought it was a good thing they had failed. When people heard this people ran to take their money out. Still around today so yes it was successful. If it fails it will pay you 250,000 dollars. Ensured America’s confidence in the banks. Insures people’s money in the bank.
100 days- FDR first days in presidency were the best days at the time. Made several accomplishments and still is around today.
CWA- Civil Works Administration- Created in fall of ’33 and band in the following spring. Organization that lasted about 6 months created jobs for the unemployed. Construction jobs consisted of building bridges, dams, etc. They were way over budget and that is why it was banned. It was unsuccessful because it was too costly.
FDR- Franklin D. Roosevelt. Born January 30, 1882 in Hyde Park. Died April 12,1945. Went to Harvard. 32nd president. Was a democrat and beat Herbert Hoover.
WPA- Workers Progress Administration. Helped to feed children, and evenly distribute food to people. Helped fund people’s job (artists and writers) provided them with supplies. Provided at least 1 million students with jobs. Construction jobs were provided as well.
NYA-
RRR- Relief, recovery, reform (the three R’s).
Relief: money given to build roads and buildings. Gave out loans to build bridges and dams. Relief for the people.
Reform: helped repair and rebuild older homes. Gave government to investigate the crash. Kept 500,000 kids in colleges. 600,000 helped kids stay in high school and provided them with jobs. Reform the economic stock market, banking system. Let government look into banks. Social security helped those we were elderly, dependent on others, unemployed and handicap.
Recovery: Long term economic recovery.
Comments