New Deal Flashcards

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1
Q

American friends service committee

A

Distributed food only to those at least 10% below the normal weight for their height

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2
Q

Bonus army

A

Summer of 1932 congress was debating on a bill authorizing immediate payment of cash bonuses that veterans were scheduled to get in 1945

15,000 WW1 vets sat outside capitol - called themselves Bonus Army– set up a hoovervile across river from capitol

Hoover and Senate opposed bill and army sent in to force vets and family to leave and people were chased by horsemen, tear gassdd, shacks set afire, etc

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3
Q

Fireside chats

A

FDR’s radio talks about issues of public concern explaining in simple language the New Deal

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4
Q

Hundred days

A

Intense activity March 9th to June 16th 1933.

Congress passed 15 major pieces of new deal legislation that significantly expanded federal govt

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5
Q

Federal securities act

A

Required corporations to provide complete information on all stock offerings and made them liable for any misrepresentation

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6
Q

Glass Steagall Act

A

Est the federal deposit insurance corporation

Separated commercial and investment banking

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7
Q

Federal deposit insurance corporation

A

Provided federal insurance for individual bank accounts up to $5000

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8
Q

securities and exhausted commission

A

Regulated the stock market and prohibited insider trade

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9
Q

Agricultural adjustment act

A

Govt paid farmers to leave certain amt of land unseeded or destroy surplus

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10
Q

Civilian conservation corps

A

Put young men 18-25 to work building roads developing parks, plant trees, help soil erosion

Paid workers $30/ month and $25 immediately sent to families

CCC supplied free food, uniforms, lodging for workers

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11
Q

Public works admin

A

Created as a part of the national industrial recovery act

Provided money to State Street jobs solely in construction of schools and community buildings

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12
Q

National industrial recovery act

A

Sought to promote industrial growth and established coats a therapist for individual industries

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13
Q

National recovery administration

A

So prices of many products and set standards

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14
Q

Federal emergency relief program

A

Funded with over $500 million to provide relief directly for the needy

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15
Q

What two pieces of the new deal legislation did the Supreme Court declared unconstitutional

A

NIRA and AAA

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16
Q

Works progress administration

A

Headed by Harry Hopkins

Create as many jobs as possible

17
Q

National youth administration

A

Created to provide education/job/counseling session recreation for young people and provided student aid to high school and college students

18
Q

National labor relations act/wagner act

A

The actress that was hooked up bargaining and protect the rights of workers join unions and prohibited unfair labor practice is also establish the National Labor Relations Board

19
Q

National labor relations board

A

So I will see your testimony about unfair practices and hold elections to see if workers want representation

20
Q

Social security act

A

Establish a 1935 and had three major parts

  1. Insurance for retired people 65 and older/retirement plan
    1. unemployment compensation
    2. disability checks
21
Q

What religion did Hoover belong to

A

Quaker

22
Q

Who believed that all would be as rational as him and do the right thing when presented with information

A

Hoover

23
Q

Who believed in rugged individualism

A

Hoover

24
Q

What is rugged individualism

A

Americans succeeded due to individual initiative and warned against state socialism and paternalism

25
Q

Who believed in associationalism

A

Hoover

26
Q

What is associationalism

A

The federal government should act as a facilitator getting private businesses charities local and state governments to cooperate to solve economic problems

27
Q

Who tried Keynesian economics

A

FDR

28
Q

What are Keynesian economics

A
  1. Government borrows money to create job programs
    1. people
    2. get
    3. thes
    4. checks from the federal government
    5. people
    6. spun
    7. paychecks to create demand
    8. Jobs created in private sector
    9. all
    10. new
    11. workers pay taxes
    12. repay deficit
29
Q

Reconstruction finance corporation

A

Millions of government grants to banks and insurance companies railroads to invest and for any jobs

30
Q

Federal farm board

A

est under Agricultural Marketing Act of 1929

Supported crop prices by lending money to cooperatives to buy crops and keep them off the market however the board ran out of money and unsold surplus jammed warehouses

31
Q

Pre reform ____s banks failed yearly yet post reform __ banks a year failed

A

100 and 10

32
Q

__% owned stock in 1929, but ___% own stock now

A

3 and 50

33
Q

___% americans owned homes before new deal acts about ___% owned homes post new deal

A

40 and 66