FDR Flashcards
Who is Florence Owen Jenkins? /3
Migrant mother (32 y/o)
Was escaping the dust bowl towards California
The face of the Great Depression: tattered clothes, dirty
Who is Franklin Delano Roosevelt? /6
Becomes president during the worst year of the depression (1933)
Longest serving president (4 terms)
Dies before WWII
Shows he is aware of the State’s issues during his inauguration speech
Creator of fire-side chats
“We have nothing to fear, but fear itself”
What is a consequence of FDR serving for 4 terms?
After his presidency, America only allows 2 terms per president
What is an inauguration? /2
The day one oaths for be a good leader
Officially becomes the president
What are fire-side chats? /4
FDR speaking directly to the American population on Sunday nights
Chatted about laws that were passed and what he hopes they can achieve
People would huddle around the radio—like a campfire
Good presidential tactic as if he were accepted comfortably in the living room of his people
What issues did FDR face when becoming president in 1933? /6
Unemployment
Low production
Poverty
Bank failures/lack of trust in banks
Farmers/agriculture production
|-> crops are at low prices
Dust bowl
How did FDR solve unemployment?
Public works
How did FDR solve poverty? /3
Relief
Food stamps
Government offered money
How did FDR solve bank failures/lack of trust in banks? /4
Closes all banks
Verify if they are safe for the benefit of the public
Re-opens the banks that are safe/can be trusted
If issues are still present, the FDR will offer financial relief (money)
How did FDR solve farming/agriculture prices being very low? /3
Have the farmers produce less (have a limit)
Government buys crops from the farmers
Prices increase
How did FDR solve the dust bowl?
Encourage the plantation of trees to block the wind/dust from hitting the cities
What is relief?
Help the poor/unemployed/afflicted farmers
What is reform?
Change how banks/financial institutions operate
What is the New Deal? /3(8)
1933
Focuses on Reform, Relief, and Recovery
A legislation
Introduces:
- Emergency Bank Act (EBA)
- Agricultural Adjustment Act (AAA)
- Public Works Administration (PWA)
- Federal Emergency Relief Administration (FERA)
- The Revenue Act
Why did people sell their stocks?
There was doubt in how the stock market was increasing, BUT the economy as a whole was failing
How does today’s stock market differ from the late 1920s? /2
Today’s stock market does not depend on demand
More conditions/rules to prevent a future stock market crash
What is EBA? /2
Emergency Banking Act
Makes banks safe for deposits again
What is AAA? /3
Agricultural Adjustment Act
Reduce output of crops so that prices will rise
Guarantees farmers a price on their goods by the government