Ch. 15 Test TopicsDescribe the cycle of the Great Depression?What was the New Deal(1st and 2nd) and it's goals(3 R's)?-Roosevelts plan to help us out of the Depression-Relief-Reform-Recovery-Dealt with banking,railroads,and farming-The Brain Trust came up with new deal-Advisors to Roosevelt-bank holiday to help them recover-Acts:Wagner Act-WPA-Social Security Act-1st focused on getting out of depression and economic recovery-helped big business and banks-top down-2nd-bottom up-help individual people more-people buy products to help businesses3 R's:-Relief-immediate action taken tostop the economy crashing-relief to the people-welfare checks,job opportunities.-Reform-Prgrams to avoid another depression and insure citizens against economic disasters-reform banks and stock markets-Recovery-Temporary prgrams to restart the flow of consumer demandWhy did people criticize the New Deal?-Failed to end the Great Depression-Deficet spending increased-too much gov. regulation-Many disagreed with social welfare prgrams-socialist economy-gov.controls businesses-free market-seperation of powers-huey long and charles coughlin didn't like roosevelt b/c he wasn't doing enough to help people-Francis Townsend's plan-old age pention and give younger workers jobsWhy was FDR upset with the US Supreme Court and what did he do to try to solve this issue?-Supreme court thought New Deal was uncostitutional-Roosevelt proposed adding 6 more judges to expand Supreme Court-All judges would be in favor of new dealHow did the New Deal help:unemployed:-CivilianConservationCorporation:-gave jobs to men 18-25-provided unskilled manual labor jobs related to conservation and development of natural resources in rural lands owned by federal, state and local gov.-supplied a possible of 300 jobs-strucutural improvements,transportation,erosion control,flood control,forest culture,forest protection,range,wildlife.-Sucess:-msot successful prgram in the new deal-provided financial relief-provdided conervation projects-WWII-Depression ended-ran by U.S armyCIVIL WORKS ADMINISTRATION:-created under FERA-built buildings,bridges,and playgrounds-12 million ft of sewer pipe255,000 miles of road-40,000 schools-3,700 playgrounds-1,000 airports-250,000 outhouses-Ended March 31st-Spend $200 million per month created over $4 million jobsWPA:Works progress administration:-Biggest and most ambitious New Deal project-farmersfactory workers/laboryoung peoplebanks/business:RFC:-estabilished in desire to lend money to banks,railroads,and other key economic institutions to make sure these institutions would remain in business.-rfc borrowed money from treasury fundes-Congress provided agency with starting amount of $5OO million-Emergency relief and construction Act enlarge RFC's power to allow for loans to state gov. and farm agencies.-RFC never had intended impact-It gave states loans in emergency relief.-Many loans were given out to banks-Publicaton of the loaning from the RFC reduced effectiveness of lending to banks.-Glass Steagall Act-prohibits commercial banks from engaging in the investment business-Started b/c of bank failure-Helped public believe in banks again-Repealed in 1999home ownerselderly:-Social Security Administration(SSA)Native Americans-Indian reorganization act-secured the new rights of native americans by giving them right to manage their own land-helped get goo economic foundation-replaced Dawes Act-Dawes Act-authorized hte president tribal land and divide i for individual indians-Americanize Indians-NA could have separate gov. and not need to have the same lawsDescribe the culture of the 1930's.Music/Movies:-musical movies were popular-Wizard of Oz-direcotr Victor Fleming-horror movies were popular:Dracula, Frankenstien,The mummyMusic:-hillbilly music was popularized-swing dancing, jitterbugs-Big BandsKey terms:Hundred Days-Roosevelt made series of social,economic,and job-creating bills-15 major bills passed in first 100 daysfireside chats:-Series of radio broadcasts from Roosevelt-First one in 1929Defecit Spending:-Spending money that you don't have-In order to support relief prgrams we needed to spend more moneyPriming the Pump:-pump money into the economy
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