Today we continued 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? Some people said that Roosevelt didn't do enough to help Americans, others said that he did too much to help Americans. In tough times people turn to radical governments like Nazism. Violation of checks and balances. Radical departure from Laissez Faire. Some acts were unconstitutional. Heavy debt burden. Father Charles Caughlin and Francis Townshend didn't like President Roosevelt. The man who dislike Roosevelt was Senator Huey Long, who was like a "Robin Hood" taking money from the rich and giving it to the poor.
Why was FDR upset with the US Supreme Court and what did he do to try to solve this issue? FDR was challenging 6 of the 9 Supreme Court Justices that had challenged his domestic programs. He was upset because the older people were voting against his bills and he wanted younger justices so that they might argue in his favor. Congress did not pass the Supreme Court Packing Bill.
How did the New Deal help:
unemployed-RFC: created jobs for the unemployed people, it was dissolved in 1946 after WWII
farmers
factory workers/labor
young people
banks/business-RFC: gave loans to banks, state and local gov, gave states loans for emergency relief needs, started under Hoover, not as successful as Hoover had hoped.
home owners
elderly
Native Americans- Indian Reorganization Act was passed in June of 1934.
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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