The new deal agencies (number 1) Flashcards
What is the NIRA?
National industrial recovery act- set up 2 organisations called the CWA and PWA to make industry 💪 again.evan is smelly
What was some opposition to the NIRA?
Higher wages meant prices increased too so some stopped buying. CWA was abolished in 1935 and replace by PWA
What is the AAA?
Agricultural adjustment administration- set quotas on agricultural produce to help reduce produce and raise prices modern techniques were taught to farmers soil preservation was also taught to stop erosion some farmers were helped with mortgagesevan will fail
What was some opposition to the AAA?
However, modernisation put some farm labourers out of work. Quotas and modernisation were contradictory. Farmers killed animals and destroyed crops even though some Americans were starving
Why did FDR scrap prohibition?
FDR realised a lot of money could be raised by making alcohol legal again by taxing the makers and distributors of alcohol
What was some opposition to scrapping prohibition?
Was very unpopular in rural comunities
What is the PWA?
public works administration- Used government money to build schools, dams, bridges and airports. E.g. Grand Coulee Dam on the Columbia river.
Created millions of short term jobs.
Over $3 billion was spent
What was some opposition to the PWA?
Very costly for taxpayers. Republicans thought it was too much help and anti rugged individualism.
What is the EBA?
Emergency banking act- all banks were closed down until they had been checked by the government. 5000 trustworthy banks reopened and regulations were imposed to stop reckless speculation. Federal Deposit Insurance Corporation (FDIC) insured deposits up to $5000
What was some opposition to the EBA?
Some small banks were not allowed to reopen which was seen as too much government interference. FDIC didn’t help wealthy people because deposit insurance was small.
What is the TVA?
Tennessee valley authority- Tennessee valley was a place of flooding in the winter and drought in the summer. A series of dams were built on the river to irrigate the land, control water flow, and provide building jobs. The dams were used for hydroelectricity e.g. the Fontana Dam
What was some opposition to the TVA?
Very unpopular with small electricity companies as the TVA was so big and powerful that they could not compete and were put out of business.
What is the CCC?
Civilian Conservation Corps- Aimed at young unmarried men between 18-25. Signed up for 6 months at a time. Mostly enviromental projects in National parks e.g. planting trees and maintaining beaches.
Earned $30 per month and most sent $25 back to their families.
2.5 million people were helped by this scheme.
What was some opposition to the CCC?
Very costly for taxpayers.
Republicans thought it was too much help and anti rugged individualism.
Most money sent back was not spent due to a lack of confidence.
What is the HOLC?
Home owners loan corporation- set up to help home owners pay mortgages between 1933 and 1936 it saved 20% of US home owners.
