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New Deal/Roosevelt Study Guide. Question #1. Declared a bank holiday to figure out which banks still had money in them. What does FDR do the first day he takes office? Why?. #1. Declared a bank holiday to figure out which banks still had money in them. Question #2.
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Question #1 Declared a bank holiday to figure out which banks still had money in them • What does FDR do the first day he takes office? Why?
#1 • Declared a bank holiday to figure out which banks still had money in them
Question #2 FDR’s informal radio broadcast Explained to Americans what was going on with the banks Calm Americans’ fears • What are fireside chats?
#2 • FDR’s informal radio broadcast • Explained to Americans what was going on with the banks • Calm Americans’ fears
Question #3 Treasury Dept. inspected the banks and reopened the “sound” ones • What was the Emergency Banking Relief Act?
#3 • Treasury Dept. inspected the banks and reopened the “sound” ones
Question #4 FDIC – insure depositor’s money SEC – rules on the stock market • What did FDR do to regulate banks and the stock market?
#4 • FDIC – insure depositor’s money • SEC – rules on the stock market
Question #5 So the gov’t could tax alcohol – collect more revenue • Why was there a push to repeal the 18th Amendment (prohibition)?
#5 • So the gov’t could tax alcohol – collect more revenue
Question #6 AAA Price supports for farmers TVA Dams for hydroelectric power CCC 18 to 25 yr. old men (building roads, developing parks,etc) NIRA/NRA Construction of bldgs, set max hours and min. wage HOLC Gov’t loans for homeowners FERA Direct aid for the needy • List and describe the New Deal programs.
#6 • AAA • Help raise the price of crops • TVA • Dams for hydroelectric power • CCC • 18 to 25 yr. old men (building roads, developing parks,etc) • NIRA/NRA • Construction of bldgs, set max hours and min. wage • HOLC • Gov’t loans for homeowners • FERA • Direct aid for the needy
Question #7 WPA Set out to create as many jobs as possible (airports, roads, public bldgs) NYA Provided education, jobs, counseling, and recreation for young people. Wagner Act Protected workers’ rights to be in a union and collectively bargain Set up National Labor Relations Board (NLRB) to hear testimony of unfair practices Social Security Act Old-age insurance for retirees over 65, unemployment compensation system, aid to families with dependent children and the disabled • List and describe the Second New Deal programs.
#7 • WPA • Set out to create as many jobs as possible (airports, roads, public bldgs) • NYA • Provided education, jobs, counseling, and recreation for young people. • Wagner Act • Protected workers’ rights to be in a union and collectively bargain • Set up National Labor Relations Board (NLRB) to hear testimony of unfair practices • Social Security Act • Old-age insurance for retirees over 65, unemployment compensation system, aid to families with dependent children and the disabled
Question #8 National Labor Relations Board, price supports for farmers, FDIC, SEC, Social Security, Tennessee Valley Authority • Which New Deal programs still exist?
#8 • National Labor Relations Board, price supports for farmers, FDIC, SEC, Social Security, Tennessee Valley Authority
Question #9 Liberals believed that FDR and the New Deal didn’t do ENOUGH to help the poor Conservatives believed that FDR did too much to help out the poor • What did liberals and conservatives say about the New Deal?
#9 • Liberals believed that FDR and the New Deal didn’t do ENOUGH to help the poor • Conservatives believed that FDR did too much to help out the poor
Question #10 Declared some unconstitutional Thought some of the laws gave legislative powers to the executive branch Thought some of the laws went too far in regulating business Thought state matters were being taken care of by the Federal gov’t • How did the Supreme Court react to the New Deal?
#10 • Declared some unconstitutional • Thought some of the laws gave legislative powers to the executive branch • Thought some of the laws went too far in regulating business • Thought state matters were being taken care of by the Federal gov’t
Question #11 FDR wanted to “pack” the court with those who agreed with him Wanted to add 6 justices to the Supreme Court He was afraid the supreme court would declare all his New Deal legislation unconstitutional • How did FDR want to change the Supreme Court? What happened?
#11 • FDR wanted to “pack” the court with those who agreed with him • Wanted to add 6 justices to the Supreme Court • He was afraid the supreme court would declare all his New Deal legislation unconstitutional
Question #12 old-age insurance, unemployment compensation, aid to the disabled and families with dependent children (low income families) • Whom did social security help?
#12 • old-age insurance, unemployment compensation, aid to the disabled and families with dependent children (low income families)
Question #13 Manages nation’s money supply/change interest rates • What is the role of the Federal Reserve?
#13 • Manages nation’s money supply/change interest rates
Question #14 Gov’t spends more $ than is receives in revenue • What is deficit spending?
#14 • Gov’t spends more $ than is receives in revenue