UNIT 4 (USA 1918-41) 3-4 Flashcards
Policies for Agriculture - Policies for Industry
How did Roosevelt stop over-production to increase prices
The AAA (Agricultural Adjustment Administration) paid farmers to keep areas of land empty and limit the number of crops/animals they kept
How many pigs were killed, and what was the reason
6 million pigs, because there was less wheat/cotton grown, prices rose, helping farmers to make a profit
What are two policies for agriculture
AAA (Agriculture Adjustment Act) and FCA (Farm Credit Administration)
What did the FCA do
The Farm Credit Administration gave money to farmers who were struggling to pay their debts
What percentage of farmers benefitted from the FCA
Around 20%
What was the benefit of the FCA
More farmers could pay mortgages so were more likely to keep their land and jobs; this made sure the number of farmers didn’t increase
What were the policies for industry
NRA (National Recovery Administration) and NIRA (National Industrial Recovery Act)
What were businesses encouraged to do
Join the NRA
What were workers encouraged to do
Join unions
What could the NRA control
Prices, wages and working hours
How many businesses took part in NRA
2.3 million businesses, displaying the Blue Eagle symbol to show they were part of it
What was the NIRA
The National Industrial Recovery Act allowed workers to join unions
How many workers were in unions by 1939
3.9 million
What did unions let the workers fight for
Better pay/hours/conditions, helping them to earn more and improve the economy