history unit 22 Flashcards
what did Hoover blame the depression on
international economic conditions
what state was Roosevelt gov of before he was president
ny
what fraction of the nations workers were unemployed at the worst point of the depression
1/4
what was the name for FDR’s program
the new deal
what was the nickname for Roosevelt’s close circle of advisors
the brain trust
what step did Roosevelt take concerning gold
he took the country off gold standard
ccc
cleared forests, built state parks and dams
nra
regulated business, developed industry codes
aaa
limited farm production, paid farmers for not growing crops
what was the best known recovery program?
wpa- building/repairing schools, sewage plants, roads, funding projects by writers, musicians, artists
what program was a new experiment in unified planning for an entire region
tva
what did the tva address
production of electricity, flood control, navigation, soil conservation, recreational lakes
what were three areas addressed by social security
- unemployment assistance
- disability payments
- retirement pensions
how was social security paid for
taxes on workers and employers
why did a recession occur in 1937
the fed gov. cut back expenditures by 17% causing unemployment rates to rise to 20%