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US history 1/17/13
| Question | Answer |
|---|---|
| Why was Roosevelt popular as Governor of NY? | helped people economically |
| Why did state governor declare "bank holidays" during the depression? | to prevent bank runs |
| What was the National Industrial Recovery Act | set up codes of fair competition |
| How did the Supreme Court rile in the Schechter VS US case? | struck down the NRA |
| what was the purpose of the social security act? | it was an insurace bill to provide support for the elderly |
| Why was roosevelts court packing plan a serious mistake | it interfered with the seperation of powers |
| what in general did roosevelts advisers agree upon regarding the government and business | intervention in the economy |
| how did emergency bank relief act help solve the bank crisis | to banks that were determined to stay economically sound |
| how did the AAA try to help the farmers | paid farmers not to grow certain crops |
| what did the home owners loan corporation do to help the homeowners | lengthened the mortgage repayment terms and lowered rates for employees |
| what did senator huey long want the government to do | share the wealth of the rich |
| who did the federal number one program employee | people in the arts |
| who did the comittee for industrial organization set out to organize | skilled and unskilled workers in the automobile industry |
| what historic realignment was triggered by the new deal | african americans |
| roosevelt brought on a new economic downturn in 1937 by ________ government spending | decreasing |
| what was the main purpose of the securities and exchange commission and the federal deposit insurance corporation | to safeguard savings and limit speculation |
| what did roosevelt propose regarding the supreme court | increase the number of justices |
| the new deal programs demonstrated a belief that the federal government should play what role in economic affairs | be involved in peoples well being |
| what ended the great depression | world war II |
| what was the major difference between the administrations of president roosevelt and president hoover | roosevelt was willing for the gov to intervene to solve the economic problems |
| why did franklin roosevelt win by landslide over hoover | voters blamed hoover for the depression |
| how did the national labor relations act of 1935 affect workers | protected wokers right to form unions and bargain collectivity |
| what constitutional principle did roosevelt challenge when he attempted his court packing | checks and balances |
| gold standard | one ounce of gold meant a set amount of $ |
| deficit spending | roosevelt abandoned a balanced budget and began borrowing money to pay for his programs |
| binding arbition | a neutral party would listen to both sides and decide issues |
| sit down strike | people stopped working but refused to leave the factory |
| SS act | was to provide some security for the elderly and unemployed |
| broker state | working out conflicts among different interests |
| safety net | safeguards and relief programs that protected them against economic disaster |
| new deal | roosevelts policies for ending the depression |
| hundred days | congress passed major acts to meet the economic crisis |
| SEC | independent agency to regulate the stock market and prevent fraud |
| FDIC | government insurance for bank deposits up to a certain amount |
| AAA | programs set up to help farmers make a profit |