New Deal/Roosevelt Studyguide

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New Deal/Roosevelt Study Guide
Question #1
• What does FDR do the first
day he takes office? Why?
• Declared a bank
holiday to
figure out
which banks
still had money
in them
#1
• Declared a bank holiday to figure out
which banks still had money in them
Question #2
• What are fireside chats?
• FDR’s informal radio
broadcast
• Explained to Americans
what was going on with the
banks
• Calm Americans’ fears
#2
• FDR’s informal radio broadcast
• Explained to Americans what
was going on with the banks
• Calm Americans’ fears
Question #3
• What was the Emergency
Banking Relief Act?
• Treasury Dept. inspected
the banks and reopened the
“sound” ones
#3
• Treasury Dept. inspected the
banks and reopened the “sound”
ones
Question #4
• What did FDR do to regulate
banks and the stock
market?
• FDIC – insure depositor’s
money
• SEC – rules on the stock
market
#4
• FDIC – insure depositor’s money
• SEC – rules on the stock market
Question #5
• Why was there a push to
repeal the 18th Amendment
(prohibition)?
• So the gov’t could tax
alcohol – collect more
revenue
#5
• So the gov’t could tax alcohol
– collect more revenue
Question #6
• List and describe the New
Deal programs.
• 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
#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
• List and describe the
Second New Deal programs.
•
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
#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
• Which New Deal programs
still exist?
• National Labor Relations
Board, price supports for
farmers, FDIC, SEC, Social
Security, Tennessee Valley
Authority
#8
• National Labor Relations Board,
price supports for farmers, FDIC,
SEC, Social Security, Tennessee
Valley Authority
Question #9
• What did liberals and
conservatives say about the
New Deal?
• 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
#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
• How did the Supreme Court
react to the New Deal?
• 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
#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
• How did FDR want to
change the Supreme Court?
What happened?
• 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
#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
• Whom did social security
help?
• old-age insurance,
unemployment
compensation, aid to the
disabled and families with
dependent children (low
income families)
#12
• old-age insurance, unemployment
compensation, aid to the disabled and
families with dependent children (low
income families)
Question #13
• What is the role of the
Federal Reserve?
• Manages nation’s money
supply/change interest rates
#13
• Manages nation’s money
supply/change interest rates
Question #14
• What is deficit spending?
• Gov’t spends more $ than is
receives in revenue
#14
• Gov’t spends more $ than is
receives in revenue
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