FDR political stradegies Flashcards

1
Q

south

A

Roosevelt helped the poor and African Americans without offending the hostile democrats that believed in white supremacy

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2
Q

north

A

He kept political machines happy because they were powerful and their support was important to national politics

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3
Q

well educated and liberal elite

A

Formed the Brain Trust who provided him with ideas for the New Deal, and produced many of the members of his administration.

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4
Q

labor unions

A
  • Gave workers the Wagner Act
  • Maintaining the support of the labour unions helped the democratic party win election, and contributed to his mid-term election and reelection.
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5
Q

reason for roosevelt depression/succession (37-38)

A
  • Caused by a contraction in money supply by the Federal reserve
  • Third worse economic turn in the 20th century
  • The government feared that banks would be too quick to loan out money and add to inflation
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6
Q

how credit expansion was prevented

A

the government made the banks keep more money and hand outless loans

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7
Q

why govt. making banks keep money was a bad thing

A

Stalled economic recovery and contributed to a new decline
- Immature attempt to balance the budget
- Unemployment rose to 20%
- GDP fell 10%
- Industrial production fell 32%

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