The new deals Flashcards

1
Q

What was the emergency banking act of 1933?

A

FDR closed all banks went through their books and only reopen banks that weren’t going to fail this restored confidence

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2
Q

what was the ccc?

A

provided jobs for young white men to build public works such as national parks

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3
Q

What was the AAA?

A

tired controlling farm production prices. It was an attempt to end the over-production and falling agricultural prices that had crippled American farmers.

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4
Q

What was the Glass-steagall act of 1933?

A

It banned banks from buying and selling stocks

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5
Q

What was the NRA?

A

This tried to help industry and factory workers by increasing wages and improving hours and conditions.

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6
Q

What was the PWA?

A

This created jobs by paying unemployed people to build schools, bridges and dams. This was replaced by the Works Progress Administration in 1935.

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7
Q

What was the TVA?

A

Tennessee Valley, Dams and power-plants were built, creating many jobs and power for millions

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8
Q

What was the problem with the AAA?

A

Paid framer to burn crops and kill live stock eg 6 million pigs were killed, but only some was used for food the rest went to waste which angered peoeple

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9
Q

What else was wrong with the AAA?

A

It made farmer lay off black workers who were already paid little, also most farmer took the money and still grew too many crops

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10
Q

What was the wager act?

A

Allowed workers to join unions and strike

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11
Q

How many strikes were there in 1934?

A

2000

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12
Q

What was the social security act of 1935?

A

Gave welfare to the unemployed, aid to the disabled and poor families with children. Also gave the elderly pensions

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13
Q

How much did the unemployment rate fall?

A

from 25% to 15%

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14
Q

How did the new deals cost?

A

$50 billion

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