Questions for test.
What was the new deal (1st and 2nd )
Three R’s of the new deal- relief recovery and reform. Relief was the immediate action taken to halt the economic decline. Recovery included the Agriculture Adjustment Act Public Works Home Owners Land Corps. Reform included the Soil Conservation Act, Federal Deposit Insurance Corporation, and Social Security Administration.
Why was FDR upset with the U.S. Supreme Court and what did he do to try and solve this issue
How did the new deal help:
Unemployment – PWA reduced unemployment by giving new jobs like construction jobs like schools hospitals dams subways city halls- CWA
Farmers- the RFC aided the farmers. Many farming organizations got loans by the rfc. the loans were giving out so farmers could get back on their feet and hopefully be able to pay the loans back.
Factory workers/labor-
Young people- the NYA focused on the youth. it gave young men and women jobs in school so they could learn and make money at the same time so they wouldn't drop out to make money for their family.
Banks/ business- the RFC was a bailout system to help us get back on our feet. FSA, was the first major federal legislation to regulate the sale of securities. Required investors to receive information and prohibited fraud in the sales in securities. FSA still exists today. .
Home owners- the USHA gave jobs to low income people to build homes. It led to the PWA
Elderly- SSA- took out taxes from your income that you would receive when you retire.
Native Americans
Describe culture of the 1930’s
Key terms:
Hundred day’s fireside chats priming the pump deficit spending- fireside chats were monthly talks that FDR gave
• Public Works Administration- helped with the unemployed
• Civil works administration- deals with helping people get jobs created on November 8 1933. Dealt with construction of schools, and created about 4 million jobs but only lasted about 5 months ended in March 31.
• Social Security Administration-
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