new deal Flashcards
Did the fact that the New Deal did not solve unemployment mean that it was a failure?
not a failure
1. Economic Relief: It provided immediate relief to millions of Americans through job programs, financial aid, and social welfare measures.
- Structural Reforms: The New Deal introduced lasting reforms, such as Social Security, banking regulations, and labor protections, that had long-term positive effects.
- Foundation for Future Growth: Although the economy did not fully recover until World War Il, the New Deal laid the groundwork for recovery and strengthened public faith in government intervention.
Why did unemployment persist despite the New Deal?
- Economic Recovery was Slow: The programs of the New Deal provided temporary relief, but they didn’t fully restore economic growth until the onset of World War II.
- Industrial Output: The recovery of industries was gradual, and many businesses were hesitant to hire due to lingering economic uncertainty.
- Lack of Consumer Demand: Consumer spending remained weak, which limited the ability of the economy to grow rapidly and create jobs.
who was huey long
- millions of supporters
- lousiana senator until 1932
- cap fortunes at 5 million so everyone can have 15k wages
- wanted to run for president in 1936 assasinated in 1935
- free education and services
who was Father Charles Coughlin
- A Catholic Priest and radio personality has over 30 million listeners,
- accused Roosevelt of being too friendly to bankers
- fascist ideology and anti semetic
- calling for the nationalization of banks
who was Dr Francis Townsend
- a retired doctor proposed a plan
- to provide old age pension his Townsend plan wanted to provide 200$ a month to every American over 60
- funded by 2% national sales tax which put pressure and lead to social security act in 1935
Conservative opposition and supreme court
Government outreach and centralization - programs like tva and social security was seen as encroaching on states rights and individual freedom
schechter poultry corp v USA 1935 - the Supreme Court delcared NIRA unconstitutional
USA v butler 1936 - AAA was struck down ruling that the government can’t regulate agriculture
what does second new deal
social security act
wpa
Rea
wagner act
social security act 1935
system of old age pension,unemployment insurance,welfare benefits for disabled and dependent children
wpa
largest of new deal employing over 8 million people to work on infrastructure projects like roads bridges and public buildings also supported cultural programs and music
what was wagner act
Wagner act - strengthened labors position and right to unionize
what was rea
provided federal loads to bring electricity to rural areas only 10% of farms had electricity by 1950 this number had risen to 90%
First new deal 1933-34
Relief
FERA
CCC
PWA
Recovery
AAA
NRA
Reform
glass steagall act 1933
Securities act 1933
TVA
tva
TVA - modernize the tennessee river valley by building dams and providing hydroelectric power creating jobs and improving living standards in a poor region
Fera
FERA - provided 500 million in direct aid for food and shelter
ccc
CCC - created jobs for young men like reforestation and national parks had employed 3 million men by 1942
