The First New Deal Flashcards
How successful was the first deal?
It restored confidence in the economy, helped farmers, and resulted in 207 people saving their homes.
What did FDR convince investors to do?
He convinced them to keep their money in banks.
What was the role of the Agricultural Adjustment Administration?
It set quotas to reduce farm production in order to raise prices and helped farmers modernize and protect the soil.
What could people do with the Agricultural Adjustment Administration?
People could sign on and renew in monthly programs.
What did the Civilian Conservation Corps do?
It built dams on the Tennessee River and provided jobs.
What was the National Industrial Recovery Act?
It set up a national public works program, created millions of jobs, and protected people’s salaries.
What was the purpose of the New Deal?
To fix the USA after the Great Depression in 1933.
What did the Federal Emergency Relief Administration do?
It spent $500 million on soup kitchens, bank employment schemes, and nursery schools to help those struggling.
What was the Emergency Banking Act?
It allowed 5,000 banks to reopen, supported by government funding if needed, with rules put in place for banks.
What were the aims of the New Deal?
To get Americans back to work, protect savings and property, provide relief for the sick, old, and unemployed, and revive industry and agriculture.
What did the Public Works Administration do?
It used government money to build schools, roads, dams, bridges, and airports, creating jobs.
What was the National Recovery Administration?
It improved conditions in industry, set out fair wages, and established sensible levels of production.