FDR + New Deal Flashcards

1
Q

Hoover’s insufficient efforts

A

Spent $100 million on public works 1930 eg Dam
Blocked Garner-Wagner Relief Bill 1932, 2.1$billion for jobs

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2
Q

Emergency Banking Act 1933

A

All banks closed and checked by federal agents
Only 5,000 allowed to reopen

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3
Q

Alphabet agencies

A

PWA spent 7$ billion between 1933-1939, created 600,000 skilled jobs
CCC temporary construction work, 2.5M
Employed 200K AAs, 8K women
FERA 500M$ to aid poor

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4
Q

AAA and NRA

A

Rose agricultural prices, doubled farmers income 1933-39
NRA joined by 2 million employers

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5
Q

2nd New Deal

A

RA resettled 500,000 families
Replaced by FSA 1937
Wagner Act = trade unions rose by 7 million
Confidence not restored, 75% of spending
Social security
WPA joined all job creating organisations together

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6
Q

1936 election

A

highest margin of victory ever; shows popularity & public support of New Deal (1st & 2nd)
46/48 states

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7
Q

Opposition

A

Father Coughlan: broadcast his views to 40 million, founded the National Union for Social Justice, membership of 7 million
• Huey Long: 7.5 million supporters in 1935, presidential ambitions, suggested to limit personal wealth to $3 million. 1935,assassinated
• Dr Francis Townsend & ‘Townsend Clubs’ campaigned for pensions of $200 per month for over-60s

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8
Q

Unemployment not solved by new deal but by ww2

A

1933: unemployment stood at approx 14 million, 25% of the workforce.
By the end of 1941, when America entered WWII, it had fallen to 6 million (still high)
under 5% by 1942 due to WW2
Despite FDR efforts, never fell under 5M/14%

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9
Q

1937 recession

A

New deal budget cut, laid off workers
Unemployment to 20% again
GNP down 10%, production down 50%

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10
Q

Judicial Reform Act

A

FDR tried to appoint 6 more judges to supreme court (constitution change)
Unpopular amongst public

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11
Q

Aid Programmes 1939-41

A

‘Cash&Carry’ 1939 sold weapons to England (help war industry)
‘Lend&Lease’ 1941 helping exports
RESULTS: 1942 unemployment 5%

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12
Q

Alleviation of worst effects

A

Unemployment 25% 1933 to 15% 1937 pre-recession
Production 1932-37 increases nearly 100%

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13
Q

Objective of ND: 3 R’s

A

RECOVERY: (jobs) (WPA, PWA, CCC…)
RELIEF: aid the poor (food + necessities) (FERA, TVA)
REFORM: financial system (money) (SEC, Emergency Banking Act)

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