FDR policy

Question 1

Emergency Banking Act

Answer 1

National bank holiday
RFC take on bank debt
Treasyry investigate collapsing banks

Question 2

Glass Steagall Act

Answer 2

Banned commercial bankds with small deposits to invest

Federal Deposit Insurance Corporation 5000 insurance for all bank deposits

Question 3

Gold Reserve Act

Answer 3

devalue dollar by 60%

Question 4

SIlver Purchase Act

Answer 4

Increased amounts of silver in coins

Treasury buy silver to restore price

Question 5

Economy Act

Answer 5

Cut spending by 243 million

Question 6

AAA

Answer 6

10.5 million acres of cotton destroyed — 6 cents to 10 cents
75 million acres removed in total
Farm income rose from 4.5 to 6.9 billion in 3 years

Question 7

National Recovery Act

Answer 7

Drafted 557 codes

Minimum wage 20-45cents, max working hrs of 45hr

Question 8

Civilisation Conservation Corp

Answer 8

30$ a month, 25 sent home
5500 million used in first year to recruit 250,000
65,000 miles of telephone, 1.3 billion trees

Question 9

Federal Emergency Relief Administration

Answer 9

500 million divided among states
Half used for direct relief, other half to give 1 for every 3 dollars of relief
Only 25$ per month for very family

Question 10

Tenessee Valley Authority

Answer 10

20 dams

2% to 75% of Tenessee farms had electricity 1933-45

Question 11

Public Works Administration

Answer 11

3.3 billion building schools, dams, roads, hospitals

13,000 schools and 50,000 miles of raod

Question 12

Security Exchange Commission

Answer 12

Controlled over 20 stock exchange

Question 13

Works Progress Administration

Answer 13

4.8 billion for 1 year employment of 8 million
2500 hospital, 5900 schools, 350 airports
46 million to employ artists

Question 14

Rural Elctrification Administration

Answer 14

10% of farmers in 1930 to 40% in 1945

over 700 system, nearly 350,000 miles of transmission lnies

Question 15

Resttlement Administration

Answer 15

5000 familyy relocated to greenbelt communities

Question 16

National Labour Relations Act

Answer 16

3 men NLRboard

Question 17

Social Security Act

Answer 17

10 to 85 dollar old age pension per month using payroll tax

Question 18

Revenue Act

Answer 18

Top marginal rate from 59 to 75%

Raised 250 million

Question 19

First New Deal LONG term (5)

Answer 19

AAA agricultural adjustment act
CCC civilisation conservation corps 1933-35-42
PWA public works administration
TVA tenessee valley authority
SEC security exchange comission

Question 20

First New Deal SHORT term (3)

Answer 20

NRA national recovery administration 1933-35
CWA civil works administration 1933-34
FERA federal emergency relief administration 1933-35

Question 21

Second New Deal

Answer 21

WPA works progress administration
REA rural electrification administration
RA Resettlement administration
NLRA National Labour Relations Act
Public Utility Holding Company Act
Social Security Act
Revenue Act