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New Deal Programs
| Question | |
|---|---|
| causes for the Great Depression | overproduction, competition, easy credit, uneven incomes, banking collapse, stock market crash |
| smart investor- pulled money out of stock market | Joe Kennedy |
| 1929 unemployment rate | 3% |
| 1933 unemployment rate | 25% |
| 1928 election | Herbert Hoover |
| Hoovers thoughts on economy | rugged individualism |
| raised tariffs higher than they had ever been | Hawley-Smoot Tariff Act |
| what are shanty towns called | Hoovervilles |
| largest building project by Hoover | Boulder Dam |
| 1. lowers mortgage rates 2. allows farmers to refinance | Federal Home Loan Bank Act |
| Trickle Down Economics- emergency loans to banks and businesses, making sure they dont fail | Reconstruction Finance Corporation |
| WWI veterans demanded to be paid early from by US government | Bonus Army |
| moves inauguration from March to January | 20th Ammendment |
| group of smart Americans who helped FDR with ideas to fix the economy | Brain Trust |
| time period to judge a president's effectiveness | First Hundred Days |
| closed all banks in America | Emergency Banking Relief Act |
| FDR went on radio to talk to Americans | fireside chats |
| act to set up FDIC | Glass-Steagall Act |
| government assures money | Federal Deposit Insurance Corporation |
| regulate stock market | Securities and Exchange Commission |
| paid farmers to limit production | Agricultural Adjustment Act |
| paid 18-25 year old men to work on soil erosion projects | Civilian Conservation Corps |
| first look at welfare | Federal Emergency Relief Act |
| state governments create jobs for Americans | Public/Civil Works Administration |
| 40 hour work week, minimum wage, bans child labor | National Industrial Recovery Act |
| replaces NIRA | Fair Labor Standards Act |
| creates dams, jobs, and hydroelectric power | Tennessee Valley Authority |
| gives people loans who are going to be foreclosed on | Home Owners Loan Corporation |
| justices bill by FDR | Court Packing Bill |
| paid authors to write books | Works Projects Administration |
| writers paid by WPA | Zora Neale Hurston, John Steinbeck |
| blacks who tried to influence FDR | Black Cabinet |
| blacks in 1936 election | first time voting democratic |
| unions in 1936 election | first time all voting one candidate (Democrat) |
| investigates unfair labor practices | National Labor Relations Board |
| creates NLRB | National Labor Relations Act |
| provides pension for the elderly | Social Securities Act |
| 1937 unemployment rate | 14% |
| ends the depression | World War II |
| percent of vote for FDR in 1940 election | 55% |
Created by:
bnofs
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