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New Deal Policies
Roosevelt's New Deal and Effectiveness
| Question | Answer |
|---|---|
| What was the Emergency Banking Act? | Closed banks for 4 days |
| When was the Emergency Banking Act implemented? | 9 March 1933 |
| What did the Emergency Banking Act achieve? | Restored confidence in banking system. 2/3 allowed to reopen |
| What three policies helped deal with the bankruptcies? | |
| What did the AAA stand for? | Agricultural Adjustment Administration |
| What did the AAA do? | Put quotas, paid farmers to take fields out of production |
| What was the AAA trying to achieve? | Stop overproduction and raise prices |
| What was the NRA? | National Recovery Administration |
| What did the NRA do? | Businesses joined a roll of honour, promised to cut production and give good wages |
| How many firms/employees joined the NRA? | 2.5m firms employing 22m people |
| How much diA?d farmers get from the AA | $1.5b collectively by 1936 |
| Partly due to the AAA, how much did prices increase by between 1932 and 36? What else is to blame for this? | 50% The Dust Bowl |
| How many suffered from AAA policies? | 1.5 million people |
| What did FERA stand for? | Federal Emergency Relief Administration |
| What did FERA do? | Provided funding to organise payments to unemployed/homeless |
| When was FERA founded? | May 1933 |
| "FERA established the...." (J Hopkins) | "...doctrine that adequate public relief was a right that citizens in need could expect to received from their government" |
| Successes for FERA: | 20m people employed in public projects |
| CCC- what did it stand for? | Civilian Conservation Corps |
| Who did the CCC employ? | 2.5m unemployed young men |
| What did NIRA stand for? | National Industrial Recovery Act |
| When was NIRA formed and under what? | June 16, 1933 under the National Recovery Administration. |