New Deal and FDR Flashcards
New Deals Phase 1 and 2
Domestic reform
Phase 1 (1933-34)
relief, recovery, reform through agriculture and business regulation, inflation, stabilize prices, and public works
Phase 2 (1935-41)
Relief and recovery and social and economic regulation for workers
Fair Labor Standards Act
Created a minimum wage, max work week 44 hours, overtime pay and no child labor.
Bonus Army
WW1 vets support a bonus bill to grant early pension due to service. Vets camped in Washington (10,000), bonus bill rejected by congress but 2,000 vets stayed. the army is sent to disperse them, led by general MacArthur and Eisenhower. Drove from buildings and shacks burnt.
The three R’s
Relief, recovery, reform
Relief
Short term relief for unemployed
Recovery
Stimulus for a speedy recovery
Reform
Reform systematic weaknesses in the economy
Fireside chats
1933-44, evening radio addresses by FDR, talked directly to the US public about economic and other concerns in the US.