Shelbie presented her
**What was the New Deal(1st and 2nd) and it's goals(3 R's)?
Starting March 6, 1933 a banking holiday started closing all banks on that day. Money was given to build roads, schools, and athletic fields. "Relief for the people." The Federal Housing Act helped repair, rebuild, and insure older homes. The National Youth Administration helped to keep kids in school. Th Glass/Steagall Act gave government right to investigat banking investigations. --Tried to help people that were struggeling, reformed the stock market bank and economic system, recovery from the great depression.--
**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?
He was born January 30, 1882 and died April 12, 1945. He graduated in 1903 from Harvard. He was elected in 1932 to be president.
How did the New Deal help:
**unemployed
The Civilian Conservation Corp was first known as the Emergency Conservation Corp. Th CCC enlisted men who were unemplowed and enlisted them into a peacearmy. It was given credit for most of the nation's reforestation accomplishments. Men swarmed to enroll because the CCC reduced the crime rate by 55%. The CCC was created during FDR's first 100 days of his presidency. The requirements were to be between the ages 18 and 26, unmarried, unemployed, and a citizen of the United States. The men recieved $30 per month and the families recieved $25 per month. The men were offered an educational programs and were able to learn how to read and write. Over 90% of the men participated in the educational activities. Over 97,000 miles of road was built. More then 3 billion trees were planted. It decreased the crime rate by 50% and help to US recover from the Dust Bowl. In 1939 the CCC lost its status as an independent agency. The congress funded it and lengthened its time for two more years. It was a great accomplishment of the New Deal. Even though it only last ten years, its effects last for many more years after that.
The Workers Progress Administration was mainly started to help feed children and evenly distridbute the food to all in need. The WPA was there to held fund many things like art classes, to learn about the history and culture of America.
Provided nearly 1 million students with some kind of work. Within only the first six months since it was created, it already gave 173,000 Ohioans jobs who already didn't have one.
The Civil Works Administration was started in 1933 and it was band shortly in the beginning of spring. The hired four million people. It only lasten about 6 months and created jobs for many people. It only lasted six months because the people that were hired were offered high wages and the CWA was way over budget. They built things like railroads, hospitals, etc.
**farmers
**factory workers/labor
The National Loabor Relations Act was passed July 5, 1933. It allowed employees to join labor unions and in 1945 35% of the work force was in unions. It prohibited unfair labor practices. It was sucessful untin 1947 until Congress passed the Taft-Hartley Act which set restrictions to unions. The congress added moe restrictions on unions with the Landrum-Griffin Act in 1956.
**young people
**banks/business
The Reconstruction Finance Corporation gave money to the banks for loans to give out to the common people. It was passed July 31, 1932 by Hoover and was later continued by FDR. It gave 2 million to aid local and state governments. It gave loans to railroads, banks,crop loans, and other businesses. This is an example of "trickle down economics." It starts at the highest businesses and "trickles" down to the smaller ones eventually.
The Banking Act of 1933 established the FDIC and helped reform banks, The first time it seperated commercial and investment banking. It made it more safe for people to invest into banks. It was started January 1, 1934. It kept American's confidence in our financial system. Set up temporary funds in the beginning. An average on 600 banks failed. Some thought the banks were weak and would manage anyways and this would allow the better banks to become stronger. Today, it insures deposits up to 250,000 dollars. It insures your money and keeps it more safe. It put people's trust back into banks.
**home owners
**elderly
**Native Americans
**Describe the culture of the 1930's.
Key terms:
**Hundred Days
FDR's first one hundred days of presidency. He passes 15 major bills in these 100 days. The Federal Emergency Relief Administration, Civil Works Administration, etc, were acts passed during the first 100 days.
**fireside chats
**priming the pump
**deficit spending
Comments