Describe the cycle of the Great Depression?
What was the New Deal(1st and 2nd) and it's goals(3 R's)?
*Roosevelt's response to great depression-Brain Trust came up with idea
Relief-immediate action taken to stop crash Recovery-temporary programs to restart demand Reform-programs to help this not happen again, insure citizens
Why did people criticize the New Deal?-Charles Coughlin, Francis Townsend-first supported FDR, then turned because thought he wasn't doing enough-his plan was to create SS to remove old workers
*People still unemployed during this time-thought there was too much gov't reg, failed to end Depression
*Roosevelt removed the gold standard-people didn't like that
*People didn't like that FDR was "socializing" the gov't
Why was FDR upset with the US Supreme Court and what did he do to try to solve this issue?
They thought his programs were unconstitutional-he tried to add more judges to the Supreme Court-was going to get judges that were for the New Deal
How did the New Deal help:
unemployed-programs were created to get jobs for these people, Civilian Conservation Corporation (CCC)-created jobs in planting trees, etc., FERA-direct relief to people in financial need, TVA-gov't owned utilities, provided navigation, flood control, electricity, etc. in Tennessee Valley
farmers-Agricultural Adjustment Act (AAA)-restricted ag production, reduced crop surplus, brought prices up, Soil Conservation and Domestic Allotment Act-decreased production of crops and erosion, Farm Security Admin.-helped farmers become more self-sufficient-Homestead Plans set up gov't buyout of unproductive land, REA-brought electricity to rural areas
factory workers/labor-Wagner Act-set business and industry ethics/rules,allowed/protected workers' rights
young people-CWA-created 4 million jobs National Youth Admin. (NYA)-provided work training based on cit. and financial aid for people between 16 and 25, Fair Labor Standards Act- national min. wage set
banks/business/stock market-Glass-Steagall Act, National Recovery Admin., RFC-2 billion in loans to business, Emergency Banking Relief Act (EBRA)-banks could reopen once they became stable, saved them, FSA
home owners-Home Owners' Loan Corp-assisted in refinancing, extended loans helped w/payments, FHA-lent money to states for improving conditions in homes
elderly-Social Security Act
Native Americans-let them manage their land/resources, helped them get a good economic foundation
*Freedom to self-govern
*Court system like ours, w/less severe penalties
Describe the culture of the 1930's.
*Sports were a big thing
*Women strived to be beautiful
*People built character-valued money and family
*Golden Age of Hollywood-movies like Wizard of Oz, horror movies reborn
*Music-bluegrass, gospel, swing
Key terms:
Hundred Days-made many economic and social bills, created jobs-15 major bills
fireside chats-series of radio broadcasts, FDR told what was going on
priming the pump-to get economy jumpstarted, you need to spend-got people jobs, reversed the cycle (CWA)
deficit spending-spending money that you don't have, runs up debt, but Roosevelt used this to get us out of the Depression
Dawes Act- attempt to "Americanize" NAs
What was the New Deal(1st and 2nd) and it's goals(3 R's)?
*Roosevelt's response to great depression-Brain Trust came up with idea
Relief-immediate action taken to stop crash Recovery-temporary programs to restart demand Reform-programs to help this not happen again, insure citizens
Why did people criticize the New Deal?-Charles Coughlin, Francis Townsend-first supported FDR, then turned because thought he wasn't doing enough-his plan was to create SS to remove old workers
*People still unemployed during this time-thought there was too much gov't reg, failed to end Depression
*Roosevelt removed the gold standard-people didn't like that
*People didn't like that FDR was "socializing" the gov't
Why was FDR upset with the US Supreme Court and what did he do to try to solve this issue?
They thought his programs were unconstitutional-he tried to add more judges to the Supreme Court-was going to get judges that were for the New Deal
How did the New Deal help:
unemployed-programs were created to get jobs for these people, Civilian Conservation Corporation (CCC)-created jobs in planting trees, etc., FERA-direct relief to people in financial need, TVA-gov't owned utilities, provided navigation, flood control, electricity, etc. in Tennessee Valley
farmers-Agricultural Adjustment Act (AAA)-restricted ag production, reduced crop surplus, brought prices up, Soil Conservation and Domestic Allotment Act-decreased production of crops and erosion, Farm Security Admin.-helped farmers become more self-sufficient-Homestead Plans set up gov't buyout of unproductive land, REA-brought electricity to rural areas
factory workers/labor-Wagner Act-set business and industry ethics/rules,allowed/protected workers' rights
young people-CWA-created 4 million jobs National Youth Admin. (NYA)-provided work training based on cit. and financial aid for people between 16 and 25, Fair Labor Standards Act- national min. wage set
banks/business/stock market-Glass-Steagall Act, National Recovery Admin., RFC-2 billion in loans to business, Emergency Banking Relief Act (EBRA)-banks could reopen once they became stable, saved them, FSA
home owners-Home Owners' Loan Corp-assisted in refinancing, extended loans helped w/payments, FHA-lent money to states for improving conditions in homes
elderly-Social Security Act
Native Americans-let them manage their land/resources, helped them get a good economic foundation
*Freedom to self-govern
*Court system like ours, w/less severe penalties
Describe the culture of the 1930's.
*Sports were a big thing
*Women strived to be beautiful
*People built character-valued money and family
*Golden Age of Hollywood-movies like Wizard of Oz, horror movies reborn
*Music-bluegrass, gospel, swing
Key terms:
Hundred Days-made many economic and social bills, created jobs-15 major bills
fireside chats-series of radio broadcasts, FDR told what was going on
priming the pump-to get economy jumpstarted, you need to spend-got people jobs, reversed the cycle (CWA)
deficit spending-spending money that you don't have, runs up debt, but Roosevelt used this to get us out of the Depression
Dawes Act- attempt to "Americanize" NAs
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