Today we started presentations on the New Deal Project.
Ch. 15 Test Topics
Describe the cycle of the Great Depression? Vicious Cycle
What was the New Deal(1st and 2nd) and it's goals(3 R's)? Relieft for people who needed help, reform economic banking systems, recover from great depression. Relief, Reform, Recovery.
1st New Deal- 1933-1934. Focus on: top down (help businesses and banks survive)
2nd New Deal- Focus on: bottom up (help individual people so people spend more money)
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?
How did the New Deal help:
unemployed
farmers
factory workers/labor
young people
banks/business
home owners
elderly
Native Americans
Describe the culture of the 1930's.
Key terms:
Hundred Days- promised to get a lot of stuff done in the first 100 days, 15 major bills were passed.
fireside chats- Radio address made by the president, people listened in every Saturday, calmed people's nerves.
priming the pump- deficit spending; dates back to the well. got the economy going again.
deficit spending- spending more than you take in.
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