FD Roosevelt + New Deal Flashcards
1
Q
Why is the 1932 election often defined as ‘turning point election’
A
- the end of the long Republican ascendancy + beginning of the New Deal
2
Q
What were the themes of Roosevelt’s election campaign?
A
- govt. intervention was badly needed
- America had to come off the gold standard
- businesses should be reformed + regulated
- give a sense of hope + enthusiasm for the future
3
Q
Why did the Republicans lose the 1932 election?
A
- extremely unpopular due to the perceived failures of Hoover
- leading to the Democrats having a dominated victory - strong majorities in the House of Representatives + in the senate
4
Q
What was happening early 1933?
A
- banking crisis got worse
- unemployment rising
- farming crisis got worse
5
Q
Criticisms of FDR’s New Deal?
A
- conservative business leader through the went too far
- farmers+ workers thought he did not do nearly enough
- ran in troubles with Supreme Court - aspects of his new deal were regarded unconstitutional
6
Q
When did the New Deal start?
A
- as soon as FDR was inaugurated March 1933 his New Deal was launched
- FDR was given unprecedented powers by congress for 100 days to implement a programme of reform that would get American people back to work
- the ND policies in 1833 were both economic + political = aim was to rescue the economy from collapse
7
Q
How did the Hundred Days began?
A
- Emergency Banking Act passed 9 March = a banking holiday for 4 days
- the federal reserve was given power to issue currency + to supervise the reopening of banks
- Roosevelt gave his first radio ‘fireside chat’ - reassuring Americans their money would be safe + encouraging them to deposit it in banks again
8
Q
Aims of the New Deal?
A
- relief - helping the victims of the depression
- recovery - trying to get the economy going again
- reform - solving problems that caused the depression in the first place
9
Q
What were Alphabet Agencies?
A
- new organisations + federal recovery programmes
- 59 were created 1933-38
10
Q
Relief + recovery alphabet agencies (first new deal)
A
- AAA (1933) = agricultural adjustment Administration
- CCC (1933) = civilian conservation corps
- FCA (1933) = farm credit administration
- FERA (1933) = federal emergency relief administration
- PWA (1933) = public works administration
- TVA (1934) = Tennessee valley authority
11
Q
What was the role of the AAA?
A
- provided farmers with federal subsidies to compensate them for cutting back the overproduction of basic commodities
- e.g. pork, wheat, cotton
12
Q
What was the role of the CCC?
A
- provided work for young men (18-25) working on conservation projects
- e.g. planting trees for windbreaks + improving national parks
13
Q
What was the role of the FCA?
A
- helped farmers manage their debts by loans from federal funds to pay for seed, machinery etc.
14
Q
What was the role of the FERA?
A
- provided $500 million to state + local agencies for relief payments to the unemployed
15
Q
What was the role of the FHA?
A
- provided govt. funding to help people keep up with mortgage payments
16
Q
What was the role of the PWA?
A
- provided more than $3 billion for work-creation projects, such as roads