The New Deal (simplified) Flashcards
1
Q
When was the new deal?
A
1932
2
Q
Who was the new deal by?
A
Franklin d Roosevelt
3
Q
First 100 days
what 2 acts did he employ
A
Emergency banking act
Beer act
4
Q
What was the emergency banking act
A
Roosevelt closed banks, evaluated them and if stable, they could reopen
5
Q
What was the beer act
A
End of prohibition, so he could tax alcohol and make money
6
Q
What were the alphabet agencies
A
AAA - agriculture adjustment act
HOLC - home owners loan corporation
7
Q
What did the aaa do
A
Farmers burned crops to readjust the food economy
8
Q
What did the holc do
A
Help people buy homes and afford mortgages
9
Q
What social act was there
A
Social security act
10
Q
When/what was the social security act
A
1935 - provides money for the sick, old and widows
