P7 Flashcards

1
Q

New Deal

A

Supported by FDR and focused on relief, recovery, and reform. Didn’t end the Depression, gave temp relief and production still outpaced spending

Unemployment and old age insurance; minimum wage regulations; conserved development of natural resources; and restrictions on child labor.

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2
Q

NRA

A

Cornerstone New Deal agency - reduced working hours, established minimum wage, and gave workers the right to organize.

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3
Q

FDR Banking

A

March 6-10 national banking holiday to fortify banks’ openings.

Emergency Banking Relief Act of 1933 gave the president power to regulate banking transactions, foreign exchange, and reopen banks.

Fireside chats soothed the public’s confidence in banks.

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4
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