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Great Depression IDs
| Question | Answer |
|---|---|
| First New Deal | -revitalize economy with programs, increasing spending, -Insured bank accounts -Stabilize things with government more involved -unemployment relief -FDR received criticism from both sides of the spectrum -to inclusive or not enough |
| First New Deal: Overall Goal | -revitalize through more employment and consumer spending -Emergency Banking Relief Act -Enlarged Federal Authority over private banks private banks were now federal banks -Government loans to private banks |
| Civilian Conservation Corps (CCC) | -Unemployment relief -Provided work for jobless young men in protecting and conserving the nation’s natural resources -some projects : Roadwork repair, flood control, national park improvements, reforestation -Conservation of natural resources |
| Federal Emergency Relief Administration (FERA) | -Direct federal money for relief, funneled through state and local governments -This system of outright federal grants hugely differed from Hoover’s loans – only approach |
| Agricultural Adjustment Administration (AAA) | -Federal farm aid based on equivalence pricing and subsidy - § Incorporated the principle of subsidy, whereby farmers received benefit payment in return for reducing land or otherwise cutting production where surpluses existed - |
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