Chapter 32 Flashcards
Election of 1932
Rep: Herbert Hoover
Dem: FDR
FDRs 3 Rs
Relief Recovery Reform
Emergency Banking Relief Act 1933
Gave the president the power to regulate banking transactions and foreign exchange to reopen solvent banks
Fireside Chats
Radio, assured people that banks were safe
Glass Steagall Banking Reform Act
Made Federal Deposit Insurance Corp
Insured deposits up to $5000
FDR tries to stimulate inflation
Ordered private holdings of gold to be surrendered to the treasury in exchange for paper currency. Took nation off of gold standard. Treasury purchased gold at increasing prices.
Civilian Conservation Corps
Put young men to work outdoors. Sent money home to family.
FERA
Federal Emergency Relief Administration. Headed by Harry Hopkins. $3 billion for dole payments or wages on works projects
AAA
Agricultural Adjustment Act
helped farmers meet mortgages
HOLC
Home owners loan corporation
Helped refinance mortgages on nonfarm homes
Helped increase Democratic popularity in middle class
CWA
Civil Works Administration
Provided temporary jobs during the winter (leafraking, etc)
Harry Hopkins, branch of FERA
Father Charles Coughlin
Catholic priest in Michigan. broadcasted on radio antisemitic, fascist, and demagogic ideals for “social justice”. silenced in 1942
Dr Francis E Towns nd
Promoting sed everyone over 60 $200 a month. Retired California physician
Senator Huey P Long
“King Fish”
Publicized a “share our wealth program” to make “every man a king”
_Every family would recieve house,car,radio, and $5000 at the expense of rich
assassinated
WPA
Workers Progress Administration
Created Useful works projects. (buildings, bridges, roads)
Created Federal Art Project
Harry Hopkins
Frances Perkins
Secretary of Labor
first female cabinet member
Mary McLeod Bethune
Director of the Office of Minority Affairs in the National Youth Administration
Highest rakning African American under FDR
Ruth Benedict
developed culture and personality movement
Wrote “patterns in culture”