Blog Discussion:
Presentations:
Describe the cycle of the Great Depression?
What was the New Deal(1st and 2nd) and it's goals(3 R's)?
3 R's- Relief- immediate action taken to stop the economy crashing, Reform- Temporary programs to restart the flow of consumer demand, Recovery- programs to avoid another depression and insure citizens against economic disasters. 1st dealt with banking, railroads and farming. The Brain Trust was the group that came up with the new deal. 2nd focused on social justice, and to stay out of a 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?
The Supreme Court said his plans were unconstitutional, and he wanted to get younger people.
How did the New Deal help:
unemployed- WPA- most ambitious new deal project. Built public buildings and roads. closed on june 30, 1933. Original budget was $14 billion, spent $13.5 billion over 8 years. Tennessee Valley- Provide navigation, flood control. Includes tennessee, alabama, mississippi, and kentucky. today it acts as an electric power thing.
farmers- AAA- agricultural adjustment act of 1933- Law of new deal which restricted ag production by paying farmers subsidies not to plant part of their land and to kill off excess livestock. reduce crop surplus, raise value of the crops, created a new agency to oversee the distribution of the subsidies. Ruled unconstitutional, levying a tax on the processors only to have it paid back to the farmers. Agricultural adjustment act of 1938- replaced farm subsidy policies. make price support mandatory for corn, cotton, and wheat. Empowered the AAA with good crops for many years. Soil conservation and Domestic Allotment Act of '36- gov paid farmers to decrease production so as to conserve soil. Corrected problems from the previous act. too immediate action to contain the dust bowl's effects. Was successful. Farm Security Admin.- farm loans rural rehab. Farm loans were used to buy livestock, equipment, seed, and land. Homestead Act- Government buyout of unproductive land. setting up of homestead communities with government supervision. REA- Rural Electrification Administration- Gave rural people electricity.
factory workers/labor- National Labor Relations Act- limits how workers can react to labor unions.
young people- CCC- gave jobs to men that were ages 15-25. flood control, erosion control, forest culture, stuff like that. most successful program of the New Deal programs. NYA- Provide work training, offered reading writing and math. provide work-study training for something.
banks/business- Glass, Seagull Act. helped the public believe in banks again, but financial people didn't like it. EBRA- gave rich people loans because they could pay it back. They knew poor people wouldn't be able to pay loans back, so they wouldn't give them any money. Wasn't used after the banks were more sufficient with their money
Stock market- Federal Security Act- Ensure buyers of securities receive complete
home owners
elderly- social security- people pay taxes to the Social Security Administration, and then get the money back later.
Native Americans- Indian Reorganization Act gave indians pieces of land, secured new rights for Native Americans, replaced Dawes Act
Describe the culture of the 1930's.
Movies- wizard of oz, Dracula, Frankenstein, King Kong, dark spooky mansions. Music- Hillbilly music, country music, jazz
Key terms:
Hundred Days- FDR's first hundred days as president.
fireside chats- news announcements people listened to over the radio
priming the pump
deficit spending- spending money you don't have. really helped get the US out of the depression.
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