jan. 31, 2011

FDR

-born in new york

-from a wealthy family

-very previledged

-became paralized from polio

-inspired by cousin teddy roosevelt.

-has 6 kids

-went to school to law school

-before he was 29 he won a seat on the new york senate for the democrats

-supported woodrow wilson in electin

-secratary of the navy in 1913

-1921 contracted polio on vacation

-spent most of the rest of his life in a wheel chair because he was paralyzed from the waste down

 

unemployed

National Youth Administration

1935-1945

leader of the texas branch was linden johnson who then went to become the president

by 1938 helped around 327 thousand high school and college kids

were paid from 6-40 a month to do work and study projects at their school

another 155 thousand kids were paid 10-25 a month for part time work that included job training.

helped kids get jobs and make money to stay in school

NYA included women unlike the CCC

NYA was 58 million per year.

 

three R's (relief recovery Reform)

relief- immediate action

recovery- temp programs to restart supply and demand

reform- premanent programs to avoid another depression

RELIEF-FERA- gave immediate help to those who needed it in the form of cash

CWA- provided temp. jobs

CCC-  temp jobs for unmarried single adults filling sand bags

 

RECOVERY

AAA- made the price of crops go up

NIRA-set rules and regulations for the government

Home owners loan Crops- gave money to people so they could pay their mortgages

 

Reform

soild conservation act- acts to acoid another dust bowl

NIRA/NLRB- supported fair business acts

Social security administratin

FDIC- insurance on the money you have in the bank

 

emergency banking relief act/ bank holiday

500 mil. gave the money to people who were in need (welfare)

by 1935 3 bil. was distubuted

bank holiday- bank panics

bank holiday closed all banks and allowed to open only when they are deemed solvent (government had to be sure that the bank was stable)

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