The Great Depression and the New Deal Flashcards
Election of 1932
FDR instilled hope, won election against Hoover
Black Tuesday
October 1929, market crash
- Agricultural Marketing Act (1929): essentially provided farmers to buy what was needed
- Hawley-Smoot Tariff (1930): raised duties for agricultural and manufactured imports
- The Reconstruction Finance Corporation (1932)
- The Federal Home Loan Bank Act. (1932)
Were all a part of what president’s depression policies?
Hoover’s Depression Policies
Hundred Days
First hundred days of FDRs term where he passed new legislations
Senator Huey Long
Founded Share Our Wealth Society (1934)
Economy began to recover in..
1938
- Works Progress Administration (1935): Employed ppl
- National Youth Administration (1935): Provided work opportunities for hs and college students
- Rural Electrification Administration (1935)
- Banking Act of 1935
Were all a part of what?
Second New Deal
What act gave employees the right to organize unions and could not be required, as a condition of employment, to join or to refrain from joining a labour organization. Prior to this act, the courts had upheld the right of employers to go to great lengths to prevent the formation of unions.
A. Wagner Act (1935)
B. National Industrial Recovery Act (1933)
National Industrial Recovery Act (1933)
What act guaranteed employees “the right to self-organization, to form, join, or assist labor organizations, to bargain collectively through representatives of their own choosing, and to engage in concerted activities for the purpose of collective bargaining or other mutual aid and protection” ?
A. Wagner Act (1935)
B. National Industrial Recovery Act (1933)
Wagner Act (1935)
What years were FDR president?
1933-1945 (12 years)
What was a major reason the collapse of the American economy after 1929?
a. high interest rates
b. decreased farm production
c. low tarrifs at home and abroad
d. overproduction of consumer goods
Overproduction of consumer goods
The Hawley-Smooth Tarrif passed in 1930 was…
the highest tarrif ever
To fight the Depression, Roosevelt believed the first thing to do was to:
A. Provide direct relief for people
B. Set up public works programs
C. Restore confidence in the banks
D. Provide relief for the farmers
C. Restore confidence in the banks