07: New Deal Flashcards
What did the CCC do?
- Helped 2.5 million single men under 25 years
- segregated camps for African Americans + only 200,000 benefit
What year did the New Deal start?
1933
How many people were unemployed in 1936?
9 million
When did the 2nd New Deal start?
1935
How much money did the Emergency Banking Act give banks?
$1 billion
What gave people around 2 million jobs in the 2nd New Deal?
WPA - Works Progress Administration
What did the Wagners Act do?
Supported workers wishing to form trade union
What did the Emergency Banking Act do?
- Closed all banks for 4 days
- Only 5000 honest and well-run banks open
- $1 billion given to banks
How did the New Deal tackle poverty?
- FERA (Federal Emergency Relief Administration) - set up soup kitchens + nursery care
- HOLC (Home Owners Loan Corporation) - rescued 20% mortgages
How did the New Deal tackle unemployment ?
- CCC - gave job + purpose to 2.5 million single men under 25
- PWA built schools, bridges + airports creating millions of jobs
- NRA - limited working hours + set minimum wage
What did the NRA (National Recovery Administration) do ?
- regulated industry: fixed prices for goods
- prevented exploitation: limited working hours + set minimum wage
- Businesses marked with Blue Eagle
How did the New Deal restore confidence?
- fireside chats
- Emergency Banking Act
How did the New Deal help Farmers?
- AAA (Agricultural Adjustment Administration) - set production quotas + gave machinery to aid production –> farmers income ×2
- TVA (Tennesse Valley Authority) - built irrigation channels + helped prevent erosion + infertile land
What was the positive impact of the AAA?
Farmers income ×2 (as machinery given for production + quotas set for production ensuring no surplus goods)
How did the New Deal help the environment?
- TVA helped prevent erosion + infertile land
- AAA quotas meant that not too much food produced to affect land
- CCC - men planted trees
3 Acts from Second New Deal:
- Social Security Act - state pension to >65s + unemployment insurance schemes
- Wagner Act
- Farm Security Administration - LOANS to tenant farmers + sharecroppers to buy land
Who granted FDR emergency powers for 100 days?
Senate + House of Representatives
What were the successes dlof thr New Deal?
- Unemployment dropped by more than 50% from 1933 to 1936
- Confidence restored
- millions of jobs created
- FDR re-elected 3x
What were the criticisms of the New Deal?
- not laissez-faire
- Out of 2.5 million men, only 200,000 African Americans were helped by CCC + they were in segregated camps
- Some agency’s measures deemed unconstitutional (e.g. AAA measures)
- By 1936, 6 million still unemployed