5) BUST: The New Deal Flashcards
What did Roosevelt do in his first 100 days of presidency?
The Emergency Banking Act temporarily closed all banks and gave loans to well run, honest banks. The Economy Act cut government employees’ pay by 15%, saving nearly $1 billion. The Beer Act ended Prohibition so the government could raise money taxing alcohol.
What was priming the pump?
The idea that the government creates jobs by spending money. Once workers earn money they start buying goods creating more employment for businesses.
Which alphabet agencies helped farmers?
Farm Credit Administration- lent money to farmers who couldn’t keep up with loan payments. Agricultural Adjustment Agency- paid farmers to produce less so food prices rose and farmers income increased.
Which alphabet agencies helped industry and workers?
National Recovery Administration- encouraged workers and employees to work out a code of fair conditions and pay and gave workers the right to join a trade union. Home Owners Loan Corporation- gave loans to people who couldn’t pay their mortgages. Tennessee Valley Authority- provided work building dams and power stations along Tennessee River area.
Which alphabet agencies helped the unemployed?
Civilian Conservation Corps- 18 to 25 year olds were put to work in the countryside, creating 2.5 million jobs. Civil Works Administration- temporary jobs for 4 million people, building schools, airports and roads. Federal Emergency Relief Agency- $500 million given to states to help the homeless.
Which alphabet agencies were criticised and why?
The AAA was criticised as food was being destroyed while millions went hungry. The NRA led to strikes when employers refused to join (it was a voluntary scheme). The WPA was criticised for wasting taxpayers money.
Who didn’t like the New Deal?
The rich didn’t like raised taxes. Republicans thought it was dominating people’s lives and Roosevelt was acting like a dictator. Business people didn’t like that it gave more rights to workers. The Supreme Court thought he was diminishing the power of state government. Radical politicians thought he wasn’t doing enough.
What was Share Our Wealth?
An alternative suggestion for the New Deal by Huey Long, a Louisiana politician. It said all fortunes over $5 million would be confiscated and shares out. Every family would receive $5000 to buy a car, radio and a house.
How effective was the New Deal?
The number of bank failures dropped dramatically. Gross National Product rose steadily from 1933 to 1941. Created jobs for millions of people. However at least 1 in 10 people was unemployed throughout the 1930s.
When and why did the New Deal end?
By January 1939 as he had to cut spending on New Deal programmes which caused unemployment to jump by 3 million as the government was no longer creating so many jobs. Unemployment rose to 10.5 million in 1938.
What music was popular in the 1930s?
Jazz music remained popular and artists like Louis Armstrong, Duke Ellington and Billie Holiday sold huge numbers of records. Most people listened to music through the radio but gramophone sales increased as vinyl records became more widely available.
How popular was cinema in the 1930s?
Over 100 million people went to the cinema each week. Walt Disney cartoons, horror films like Frankenstein and Dracula, musicals like 42nd Street etc.
Why were comic books popular in the 1930s?
Comics were bright, cheap, easy to read and provided an escape into the world of adventure. First appeared in the early 1930s but their popularity soared after the publication of Action Comics in 1938 which included the debut of Superman.
What was popular literature about in the 1930s?
Authors like John Steinbeck and James T Farrell wrote about the Great Depression and the poverty, racism and social problems they witnessed.
Why were the arts popular in the 1930s?
The Works Progress Administration provided work for unemployed artists. Actors were hired to put on free shows, artists painted pictures for display in schools, libraries and parks, writers produced guidebooks on every US state. It made Americans more aware of their own traditions, history and culture.
