Chapter 31 Flashcards
FDR
election of 1932. The Democrats chose Franklin Delano Roosevelt (FDR). He had been born to a wealthy New York family and served as the governor of New York.
Hundred Days Congress/Emergency Congress
On March 6-10, President Roosevelt declared a national banking holiday as a prelude to opening the banks on a sounder basis. The Hundred Days Congress/Emergency Congress (March 9-June 16, 1933) passed a series laws to help improve the state of the country. This Congress
New Deal
New Deal programs, which focused on: relief, recovery, reform
Emergency Banking Relief Act of 1933
Congress passed the Emergency Banking Relief Act of 1933, which gave the President power to regulate banking transactions and foreign exchange and to reopen solvent banks.
fireside chats
President Roosevelt gave “fireside chats” over the radio in which he soothed the public’s confidence in banks.
ccc
The Civilian Conservation Corps (CCC) employed about 3 million men in government camps. Their work included reforestation, fire fighting, flood control, and swamp drainage.
FERA
The Federal Emergency Relief Act was Congress’s first major effort to deal with the massive unemployment. It created the Federal Emergency Relief Administration (FERA) which gave states direct relief payments or money for wages on work projects.
CWA
The Civil Works Administration (CWA), a branch of the FERA, was designed to provide temporary jobs during the winter emergency. Thousands of unemployed were employed at leaf raking and other manual-labor jobs.
AAA
Relief was given to the farmers with the Agricultural Adjustment Act (AAA), making available millions of dollars to help farmers meet their mortgages.
HOLC
The Home Owners’ Loan Corporation (HOLC) assisted many households that had trouble paying their mortgages.
NRA
A cornerstone New Deal agency was the National Recovery Administration (NRA). It was designed to bring industries together to create a set of “fair” business practices (fair to business and workers). Working hours were reduced so that more people could be hired; a minimum wage was established; workers were given the right to organize.
(Schechter vs. United States)
NRA was declared unconstitutional by the Supreme Court in 1935 (Schechter vs. United States), because the NRA gave legislative powers to the President, and it allowed Congress to control individual business, not just interstate commerce.
21 Amendment
Congress repealed prohibition with the 21st Amendment in late 1933 to raise federal revenue and provide employment,
The Second Agricultural Adjustment Act of 1938
The Second Agricultural Adjustment Act of 1938 continued conservation payments; if farmers obeyed acreage restrictions on specific commodities, they would be eligible for payments.
Dust Bowl
Late in 1933, the Dust Bowl struck many states in the trans-Mississippi Great Plains. It was caused by drought, wind, and over-farming of the land.