What was the New Deal(1st and 2nd) and it's goals(3 R's)?
- The first New Deal helped the banks and businessed.
- The second New Deal helped the common people.
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
- The CCC set up orginizations for unemployed men (18-25 years old) to work with mostly natural resources.
- It also made more Americans appreciate the natural resources and lands in our country.
- The PWA did construction projects.
- (CWA) Civil Works Administration was made tio provide construction jobs (improving buildings, building bridges)
- It hired 4 million people and promised high wages.
- Lewis Douglas reccommended that they end it because it was getting too expensive.
- It was ended March 31, 1934.
- Social Security would sometimes send money to unemployed for clothes and food and sometimes house payments.
farmers
- The FSA helped farmers with new techniques and eventually helped them buy their own farmland.
- The REA would provide farms inexpensice electric lighting and power.
- The REA provided electricity to 288,000 homes.
factory workers/labor
young people
banks/business/stock market.
- The FDIC guarenteed the safety of one's money in member banks.
- It put insurance on people's money.
- Managed failed banks.
- Observed certain business's safety.
- It made people be more trusting of the banks.
- Insures checking-accounts. savings accounts, negotiable order of withdrawl accounts, money, market deposit accounts.
- The Emergency Bank Relief Act (or a four day bank holiday) closed banks.
- The banks could only loan out money to qualified people.
- The people that put money into it were insured.
- Only a temporary Relief Act. It reopened banks.
- RFC
- Federal Security Act made it so investors receive a lot of info on stocks that are out for public sales.
- It prohibited deciet, mesprepresentations, and other issues in the selling of securities to the public.
- It also required the issuers to publicly show information about themselves and terms of the stocks.
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home owners:
- The Home Owners Loan extended the home loan paying period.
- The FHA helped people pay loans back.
- (USHA) The United States Housing Authority was designed to lend money to the states for low-cost construction.
- Construction was of housing developments for low-wage earning citizens.
- Units of nearly 650,000 homeless and low income citizens were helped.
- Al Smith started public housing programs for low-income families.
- Welfare units were only available the the poor, yet they had to be worthy of help.
- Civil Rights group accepted the fact that units were to be Racially Segregated.
elderly
- Social Security Administration took a percentage out of checks so when they retired they would get checks and have money.
- Colored people didn't recieve social security.
- It also helped disabled and the families of dead retired people and disabled.
Native Americans
- Indian Orginization Act made it so if a tribe chose to adopt a constitution they must follow some regulations.
- The Native Americans would now belong to an entire tribe.
- Indian children would be able to go to school on the reservations.
- Tribes could now elect tribal councils to govern the reservations.
Describe the culture of the 1930's.
Key terms:
Hundred Days
fireside chats
priming the pump
deficit spending
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