The New Deal Flashcards
What were unemployment levels like in 1929 compared to 1932?
1.5 million unemployed in 1929, compared to 13 million unemployed in 1932
What were the three main aims of Roosevelt’s Presidency?
1) to help those affected most by the Depression
2) introduce an ‘active government’
3) establish the New Deal
In how many states did the banks close during the interim period?
38/48 states
What did Roosevelt urge people to do in his radio speech of 1932?
Roosevelt urged people to put their money back into the banks which would help the economy, and not keep their money in their homes.
What is the 100 days policy?
It is the first 100 days of a person’s Presidency in which they are judged on how effectively they use their position in this time.
Name 4 alphabet agencies and what they did.
1) Civilian Conservation Corps (1932) - created jobs for 18-25 year old men, but was criticised for the menial nature of the jobs - didn’t want the money to appear as simply handouts
2) Federal Emergency Relief Acts - $500 million of aid given out to states that needed it the most
3) Civil Works Administration - $900 million spent on anything from teachers to highways
4) Agricultural Adjustment Act - aimed to increase the price of crops, despite millions of people dying of starvation, by promoting crop destruction and lower production rates.
When was the Second New Deal?
1935
Name 3 parts of the Second New Deal and what they did.
1) Works Programme Administration - gave $4.8 billion to public works
2) Social Security Act - establishment of the pension scheme (excluded the self employed and farmers)
3) Banking Act - aimed to redistribute the levels of wealth in the country
What was court packing?
Court packing was when Roosevelt aimed to fill the Supreme Court with judges who were sympathetic towards the New Deal, in an effort to get it passed easily.
What was the New Deal?
The New Deal was a set of domestic reforms undertaken by Roosevelt in 1932, in an effort to draw America out of the Great Depression
What was unemployment like after the New Deal?
Unemployment was around 8 million after the New Deal
Name two benefits of the New Deal
1) made capitalism more efficient by introducing things such as the social security act and the use of banking
2) established the principle of the federal government as a capable controller of the country
Name three weaknesses of the New Deal
1) failed to bring down unemployment rates
2) caused a growth of class consciousness among farmers and manual workers
3) failed to decrease the deficit
What was America’s debt before and after the New Deal?
1933 - $20 billion
1939 - $40 billion
What was America’s GDP before and after the New Deal?
1933 - $56 billion
1939 - $92 billion