Great Depression Flashcards
Indian reorganization act
Encouraged tribal ownership of land and over turned the Dawes Act
Farm security administration
Government purchased farm land from poor farmers and resettled them in group farms
Revenue act (Wealth tax Act)
raised tax rates on income above $50,000. Estate, gift, and corporate tax rose.
Wagner-Connery Act
Defined “unfair labor practices” and est. the national labor relations board to settle disputes between labor and management
United States Housing Authority
Provided federal loans for a nationwide home improvement program
Election of 1932
Rep:Herbert Hoover -Charles Curtis Dem:FDR. "The New Deal" -John Garner FDR would win and win again for 3 more terms
The New Deal
Relief, Recovery, and Reform
RELIEF: Direct aid to poor and unemployed
RECOVERY: Restore the economy
REFORM: Change conditions that led to the depression
Criticisms of The New Deal
Deficit spending
Wasteful
Expanded bueracracy
Positives of The New Deal
Put people to work
Kept people from starving
Expanded electrical power
Congress passed how many laws in the first 100 days of FDR’s term?
15
Emergency banking act
Closed banks for 4 days to be inspected by the federal govt to see if they were financially sound and safe
Economy act
Grants the presidential authority to cut govt spending
Beer-Wine act
Legalized sale of alcoholic drinks
21st amendment
Legalized the sale of alcohol and outlaws prohibition
Federal emergency relief administration
Govt gives money to states to use on relief projects