USA--> The new deal Flashcards
What were the main aims of the New Deal introduced in 1933?
The First Hundred Days – between March and June 1933
- Relief or assistance for the unemployed or poor
- Rebuilding the American economy
- Reforms to create a fair and **just society*
What were the three main focuses of the New Deal’s legislation?
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What were the “alphabet agencies” in the New Deal?
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How did the New Deal address banking issues and unemployment relief?
To address banking issues, FDR initiated a bank holiday, shut down all banks temporarily, and introduced the Emergency Banking Act, FDIC (Federal Deposit Insurance Corporation), and the reopening of stable banks. Unemployment relief measures included programs like CCC, PWA, and CWA, providing jobs and support during the economic crisis.
How did the New Deal address issues in agriculture and industry?
The New Deal addressed agricultural challenges through the Agricultural Adjustment Act, aiming to increase crop prices. In industry, the National Industrial Recovery Act and NRA sought to stabilize production, prices, and improve working conditions. However, the NRA was later ruled unconstitutional.
Why did the New Deal face opposition?
The New Deal encountered opposition from various groups. Radical opposition came from figures like Father Coughlin and Dr. Francis Townsend, who proposed alternative plans. Conservative opposition, including Republicans and the Liberty League, criticized FDR’s policies as socialist and detrimental to American values.
How did the character of the New Deal change after 1933?
The Second New Deal, introduced between 1935 and 1937, emphasized addressing the victims of the Depression and creating a fairer American society. Key measures during this phase included the Wagner Act, Social Security Act, Work Progress Administration (WPA), and Resettlement Administration.
Why did unemployment persist despite the New Deal?
Unemployment persisted due to factors such as limitations of the home and foreign markets, improved production methods leading to reduced labor demand, business cycle fluctuations, self-inflicted unemployment from overproduction, and the constraints of the New Deal itself, where Congress limited complete control of the economy.
Was the New Deal a success or failure in addressing unemployment?
- The assessment of the New Deal’s success is mixed. While unemployment fell, reaching over 30% reduction, it never dropped below 5 million in the 1930s. The New Deal is viewed as a success in areas like trade unions, industry, farmers, and morale but faced opposition and had limitations.
