Ch. 15 Test TopicsDescribe the cycle of the Great Depression?What was the New Deal(1st and 2nd) and it's goals(3 R's)?-Roosevelts plan to help us out of the Depression-Relief-Reform-Recovery-Dealt with banking,railroads,and farming-The Brain Trust came up with new deal-Advisors to Roosevelt-bank holiday to help them recover-Acts:Wagner Act-WPA-Social Security Act-1st focused on getting out of depression and economic recovery-helped big business and banks-top down-2nd-bottom up-help individual people more-people buy products to help businesses3 R's:-Relief-immediate action taken tostop the economy crashing-relief to the people-welfare checks,job opportunities.-Reform-Prgrams to avoid another depression and insure citizens against economic disasters-reform banks and stock markets-Recovery-Temporary prgrams to restart the flow of consumer demandWhy did people criticize the New Deal?-Failed to end the Great Depression-Deficet spending increased-too much gov. regulation-Many disagreed with social welfare prgrams-socialist economy-gov.controls businesses-free market-seperation of powers-huey long and charles coughlin didn't like roosevelt b/c he wasn't doing enough to help people-Francis Townsend's plan-old age pention and give younger workers jobsWhy was FDR upset with the US Supreme Court and what did he do to try to solve this issue?-Supreme court thought New Deal was uncostitutional-Roosevelt proposed adding 6 more judges to expand Supreme Court-All judges would be in favor of new dealHow did the New Deal help:unemployedfarmersfactory workers/laboryoung peoplebanks/business:-Glass Steagall Act-prohibits commercial banks from engaging in the investment business-Started b/c of bank failure-Helped public believe in banks again-Repealed in 1999home ownerselderly:-Social Security Administration(SSA)Native Americans-Indian reorganization act-secured the new rights of native americans by giving them right to manage their own land-helped get goo economic foundation-replaced Dawes Act-Dawes Act-authorized hte president tribal land and divide i for individual indians-Americanize Indians-NA could have separate gov. and not need to have the same lawsDescribe the culture of the 1930's.Music/Movies:-musical movies were popular-Wizard of Oz-direcotr Victor Fleming-horror movies were popular:Dracula, Frankenstien,The mummyMusic:-hillbilly music was popularized-swing dancing, jitterbugs-Big BandsKey terms:Hundred Days-Roosevelt made series of social,economic,and job-creating bills-15 major bills passed in first 100 daysfireside chats:-Series of radio broadcasts from Roosevelt-First one in 1929Defecit Spending:-Spending money that you don't have-In order to support relief prgrams we needed to spend more moneyPriming the Pump:-pump money into the economy
Comments