Today we started talking about what our assigned blogs will be for the week. My topic is fads for the 1930's. BOOOO!!! :(
Food Drug and Cosmetic Act:
It started in 1938. An act in which the government gave the authority to oversee foods, drugs, and cosmetics to the FDA. Replaced the earlier Pure Food and Drug Act. It is still in place today. Inspired by an accident in which 100 patients died because of an anitbotic being mixed with a posinous solvent. This was the first time in history that they decided they should label things to know what they are eating. (Under businesses)
Fireside Chats:
FDR started these chats. He started the first one as the govner of newyork. FDR used the radio to communicate with the people. This way he could explain what was going on around the world. They were called fireiside chats because pretty much everyone had a radio. He would sit and talk to them causually. It would be like us watching TV. He started the chats to calm down and make people more confident. It made them feel like he was talking directly to them. Many people spent several hours listening to the radio. FDR liked to get out and talk to the little people. It was an easy way to get a message out to the whole world. A lot of people liked listening to him. He answered lots of questions that people had. The first chat was on march 12 1933. It was the day before some of the first banks reopened. He helped explain to people why all the banks were failing. The next day many people put some of their money back into banks.
The Banking Act of 1953:
(Under Banking) In 1933 the FDIC was created in the Banking Act of 1933. In 1935 along with the Banking Act of 1935 the government decided to amek the FDIC a permanent organization. Created Seven member board to regulate the nations money supply and the intrest rate loans. By 1935 there were 26 banks that were FDIC that had failed.
Agricultural Adjustment Act:
(Under Farming) Act that the government passed that paid farmers to plant only some of their crops and kill of extra livestock. First one passed in 1933 second one passed in 1938. It was made so that we could restore purchasing power of farmers like it was before. It was to balanace our the supply and demand farmers had. Tax on companies that processed farm goods. Lots of people left some tenant farmers without jobs and homes. It was unfair because it wasnt fair to tax people that were paying the farmers. Declared unconsititutinal in 1936. The food processers are being taxed and with that they are paying farmers. They put it back into government in 1938. They made it more complex and made it so they didnt have that tax anymore. Now all american tax payers and pay this.
Deficit Spending:
when a government spends more money then it makes. FDR throught it would only be needed in hard economic times. he did not want the US to go further inito debt but felt that we had to keep spending more money. All of the money went into the alphabet soup organizations. Today the US is way better with deficit spending. SOme began to think it was unnecessary. He reasured that the deficit was only temporary.
Describe the cycle of the Great Depression?
What was the New Deal(1st and 2nd) and it's goals(3 R's)?
relief, recovery, reform
plan to bring recovery to US
relief- unemployment and the poor
recovery- the economy
reform- fincial systems
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:
New Deal- FDR's program to help get us out of the Great Depression
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- First 100 days of FDR's presidency
fireside chats
priming the pump
deficit spending
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