We continued the presenting of powerpoints:
Food Drug and Cosmetic Act: An act where the gov. gave the authority to oversee foods, drugs, and cosmetics. started in 1938
--Its still in place today. Its still successful today because we arent all dead :) They mixed a solvent with an antibiotic that killed tons of people this inspired them to make the act.
Fireside chats: FDR was the one who started these chats to kinda of reach out to the people. He used the radio to communicate with his people so people could understand what was going on with the economy. He talked to them casually over the radio, used to give confidence to his people used to support the new deal program. It was a way to talk to with his people about what was going on. He liked talking to his people no matter who they were. It was a very direct way of getting the message to the people. The 1st fireside chat was march 12 1933, during the great depression. It was very importannt back then because people were panicking about the banks failing. "the only thing we have to fear is fear itself".
The banking act of 1935: gov. decided to make FDIC permanent. (Federal Desposit Insurence Corporation) insures your money in banks. By 1935 26 banks should have been insured but they ended up failing.
Agriculture Adjustment Act: they paid farmers to kill off their crops and cattle to make the over production to go down. restored purchasing power to farmers. Farmers got this money from tax on companies that processed goods. Left some farmers with jobs and homes it was unfair because these people shouldnt have been taxed for processing these goods just to pay the farmers. People thought it was unessarcy because they thought we were recovering.
The new deal was FDR's program on the road to recovery from the Great depression
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 Agriculture Adjustment Act
factory workers/labor
young people
banks/business (NRA, NIRA), Food drug and Cosmetic Act, banking act of 1935
elderly
Native Americans
Describe the culture of the 1930's.
Key terms:
Hundred Days
fireside chats
priming the pump
deficit spending
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