3/4 Class

Question 1

do not

Answer 1

say article when introducing an article

Question 2

continuing the new deal

Answer 2

recovery: Hoover predicted this in 1930
National Recovery Administration - provided a system where firms and industries devised codes for output, labor practices, prices, business wanted the NRA initially
idea was that destructive competition caused the great depression among other things
reform

Question 3

removal of the gold standard

Answer 3

gold standard removes the power of the government to control the money supply

Question 4

anti trust

Answer 4

sometimes and half heartedly

Question 5

NRA

Answer 5

pro big business, cut production to get prices up and forbade price cutting, supported unions, led to angry housewives who saw a spike in food prices, fascist, was based on overproduction as the cause of the great depression

Question 6

1936

Answer 6

NRA is killed in case about killing chickens

Question 7

Recovery

Answer 7

abandoning the gold standard
federal securities act
anti trust
NRA
Agricultural adjustment administration
environmental conservation

Question 8

reform

Answer 8

glass/steagall act(1933 banking act) - wall between commercial and investment banking
Federal Deposit Insurance Corporation FDIC - insures deposits
Securities and Exchange Commission [SEC]
Wagner Act(‘35) and National Labor Relations Board [NLRB]
Fair Labor Standards Act(‘38)
Tennessee Valley Authority [TVA] and Rural Electrification Authority [REA]
Social Security (1935)
Resettlement Administration

Question 9

Making sense of the New Deal

Answer 9

competing interpretations of the New Deal
Ideas Relegated to the Dustbin -
Its the Votes, Stupid - it was all about the politics, the south got most of the money
corporate liberalism - business interests got the new deal what they wanted.
The Roosevelt Recession and a Unifying Strand - FDR supported Keynes and a short term deficit
Democracy’s Third Estate -

Question 10

two views of consumers

Answer 10

middle class -

working class -

Question 11

business and conservative opposition to the New Deal

Answer 11

The Higgs Thesis - economy remained in the depression because private investment had not recovered
New organizations - the beginnings of a conservative movement against the new deal, organizations organized by conservatives against high taxes and other laws