Roosevelts 'New Deal' Flashcards
What was the emergency banking act?
All banks closed so they could be inspected, only honest we’ll run banks with enough cash could reopen.
How did the emergency banking act help?
People trusted banks again
What was the economy act?
Roosevelt cut the wages of the people working for the government so he could use it to help people who needed it.
How was the economy act effective?
He saved a billion dollars.
What was the beer act?
Stopped the prohibition the government could raise money by taxing it.
How was the beer act effective?
People were fed up with the problems the prohibition had caused.
What did Roosevelt do everyday?
He explained his ideas in the radio.
Why was Roosevelt explaining his ideas on the radio a good idea?
Many people believed there was a president who was genuinely’in touch’ with them.
What did FCA stand for?
Form credit administration.
What did the FCA (form credit administration ) do?
They helped farmer. They gave loans to farmers to help pay their mortgage,$100 million loaned in 18 months.
What does CWA stand for?
Civil works administration
What did the CWA (civil works administration) do?
Provided temporary jobs for 4 million men building, schools, airports, roads, and 150 000 public toilets.
What did FERA stand for?
Federal emergency relief agency
What did the FERA (federal emergency relief agency) do?
Helped homeless people. Opened soup kitchens and gave out free blankets. It also opened nurseries so parents could go to work.
What did the CCC stand for?
Civilian conservation crops
What did the CCC (civilian conservation crops) do?
Helped the unemployed 18-25 yr olds. They were given food and shelter for $1 a day, did conservation work.
What did PWA stand for?
Public works administration
What did the PWA (public works administration) do?
They gave funds of $3300 million. Money was spent buying materials and employing workers to build schools, housing, hospitals etc.
What did HOLC stand for?
Home owners loan corporation
What did the HOLC do?
Helped people who couldn’t keep up with their mortgage.the government loaned money at very low rates , 300 000 homeowners helped in the first year.
What does NRA stand for?
National recovery administration
What did the NRA (National recovery system) do?
They helped workers. Encouraged workers to get together and code fair conditions.
What does AAA stand for?
Agricultural adjustment agency
What does the AAA (agricultural adjustment agency)do?
Helped framer. Paired farmers to destroy food so prices would go up farmers wages doubled.