APUSH Chapter 33- The Great Depression and the New Deal Flashcards (2024)

359982829Election of 1932The Republicans nominated Herbert Hoover to run for president in the election of 1932. The Democrats chose Franklin Delano Roosevelt. He had been born to a wealthy New York family and served as the governor of New York. 359982830Eleanor RooseveltFDR's Wife and New Deal supporter. Was a great supporter of civil rights and opposed the Jim Crow laws. She also worked for birth control and better conditions for working women 359982831March 4, 1933Franklin Roosevelt is sworn in as the 32nd President of the United States. 359982832Hundred Days CongressFDR began sending bill after bill to Congress. Between March 9 and June 16, 1933 which came to be called the HUNDRED DAYS. Congress passed 15 major acts to meet the economic crisis setting a pace for new legislation that has never been equaled. Later became known as 1st New Deal. 3599828333 R's of the New Dealrelief, recovery, reform 359982834blank-check powerspowers that Congress gave the president that some of the laws it passed expressly delegated legislative authority to the chief executive (such as the NRA over ring the Anti-Trust laws) 359982835progressive ideasunemployment insurance, old-age insurance, minimum-wage regulations, conservation and development of natural resources, and restrictions on child labor. 359982836Emergency Banking Relief Act of 1933It gave the president power to regulate banking transactions and foreign exchange and to reopen solvent banks. -- this act established insurance on individual deposits and ended the epidemic of bank failures 359982837fireside chatsinformal talks given by FDR over the radio; sat by White House fireplace; gained the confidence of the people 359982838Glass-Steagall Banking Reform Actthat provided the Federal Deposit Insurance Corporation (FDIC) which insured individual deposits up to $5000, thereby eliminating the epidemic of bank failure and restoring faith to banks. 359982839Gold Standard after the Great DepressionPresident Roosevelt ordered all private holdings of gold to be given to the Treasury in exchange for paper currency and then the nation to be taken off the gold standard-Congress passed laws providing for these measures. 359982840FDR and InflationFDR believed that inflation would relieve debtors' burdens and stimulate new production. Inflation was achieved through gold buying; the Treasury purchased gold at increasing prices, increasing the dollar price of gold. This policy increased the amount of dollars in circulation. 359982841Civilian Conservation Corps (CCC)provided employment for about 3 million men in government camps. Their work included reforestation, fire fighting, swamp drainage, building levees for flood control, and improving national parks. This program gave jobs to men but it also benefited the public. 359982842Federal Emergency Relief ActThe Act was the first direct-relief operation under the New Deal, and was headed by Harry L. Hopkins, a New York social worker who was one of Franklin D. Roosevelt's most influential advisers *, law provided money for food and other necessities for the unemployed *Affected the people in trying to aid people feeling the effects of the depression, still in effect today. Hopkins's agency granted about $3 billion to the states for direct relief payments or for wages on work projects. 359982843Civil Works Administration (CWA)provided work in federal jobs; designed to provide temporary jobs during the winter emergency. Thousands of unemployed were employed at leaf raking and other manual-labor jobs. 359982844Agricultural Adjustment Act (AAA)1933 sought to help raise commodity prices by paying farmers to cut back production; the money for the benefit payments made to farmers would be raised from a "processing tax" levied on the businesses..Also made available millions of dollars to help farmers meet their mortgages. 359982845Home Owners' Loan Corporation (HOLC)loaned money at low interest to homeowners who could not meet mortgage payments 359982846Father Charles Coughlina critic of the New Deal; created the National Union for Social Justice; wanted a monetary inflation and the nationalization of the banking system 359982847Senator Huey P. Long"Share the Wealth" program ;; every family receives $5000 at expense of the wealthy... he was assassinated in 1935 so the plans were never carried out 359982848Dr. Francis E. TownsendAmerican physician and social reformer whose plan for a government-sponsored old-age pension was a precursor of the Social Security Act of 1935. attracted millions of senior citizens with his plan that each citizen over the age of 60 would receive $200 a month. 359982849Works Progress Administration (WPA)New Deal program that employed men and women to build hospitals, schools, parks, and airports; employed artists, writers, and musicians as well. Taxpayers criticized the agency for paying people to due "useless" jobs such as painting murals. 359982850National Recovery Administration (NRA)1933. First atempt to achieve economic advance through planning and cooperation among labor, business and government. Codes and regs. to control production, labor relations, and trade among businesses. Declared unconstitutional in 1935. Recovery and also Reform. Individual industries, through "fair competition" codes, were forced to lower their work hours so that more people could be hired; a minimum wage was also established 359982851Schechter Case1935; Shut down the NRA -- Congress could not "delegate legislate powers" to the executive, and "Congressional control could not apply to a local fowl business. 359982852Public Works Administration (PWA)industrial recovery and for unemployment relief. --its goal was to stimulate the economy through the building of huge public works projects that needed large numbers of workers. It set up jobs for people without jobs which gave the employers money and the employers funded the job. 359982853Harold L. Ickesthe Interior Secretary in charge of the PWA, he hired private contractors instead of workers on a government payroll, it indirectly served the purpose of work relief -- put $4 billion into the PWA 35998285421st Amendment1933 - repeal of prohibition 359982855Agricultural Adjustment Administration (AAA)Created in 1933 as part of FDR's New Deal. The AAA controlled the production and prices of crops by offering subsidies to farmers who stayed under set quotas. The Supreme Court declared the AAA unconstitutional in 1936. 359982856Soil Conservation and Domestic Allotment Act of 1936.1936 -- reduction of crop acreage was now achieved by paying farmers to plant soil-conserving crops. 360079002Second Agricultural Adjustment Act of 1938replaced National Recovery Administration (Agricultural Adjustment Act), it paid farmers to plant crops like soybeans or leave the land fallow 360079003Dust Bowl1933 - prolonged drought struck the states of the trans-Mississippi Great Plains. Partially caused by the cultivation of countless acres, dry-farming techniques, and mechanization. 360079004Frazier-Lemke Farm Bankruptcy ActIt made possible a suspension of mortgage foreclosures for 5 years. It was struck down in 1935 by the Supreme Court. 360079005Resettlement Administration 1935charged with the task of removing near-farmless farmers to better land. 360079006Indian Reorganization Act of 1934the Indian "New Deal"; encouraged Native American tribes to establish self-government and to preserve their native crafts and traditions. 77 tribes refused to organize under the law, while hundreds did organize. 360079007Federal Securities ActAKA "Truth in Securities Act", this act was created to protect the public against fraud.Before securities could be offered for sale they had to be accompanied by full and true information. Misleading information or the absence of pertinent information could result in prosecution. 360079008Securities and Exchange Commission (SEC)1934 - Created to supervise stock exchanges and to punish fraud in sercurities trading. 360079009Tennessee Valley Authority (TVA)June 1933. Innovative attempt at regional planning. Series of dams in seven states on the Tennessee river to control floods, ease navigation, and produce electricity. Endures to this day. Relief and Reform... The large project of constructing dams on the Tennessee River brought to the area full employment, the blessings of cheap electric power, low-cost housing, abundant cheap nitrates, the restoration of eroded soil, reforestation, improved navigation, and flood control. 360079010Federal Housing Administration (FHA) 1934.expanded private home ownership among moderate-income families through federal guarantees of private mortgages, the reduction of down payments (from 30 to 10 percent), and the extension of payment form 20 to 30 years 360079011United States Housing Authority (USHA) 1937meant to strengthen the FHA, It was designed to lend money to states or communities for low-cost construction. 360347144Social Security Act of 1935provided for federal-state unemployment insurance. To provide security for old age, specified categories of retired workers were to receive regular payments from Washington. -- old-age pensions. Was an idea taken from Europe. 360347145National Labor Relations Act of 1935 (Wagner Act)Made to counter the Supreme Court striking down the NRA -- This law created a powerful National Labor Relations Board for administrative purposes and reasserted the rights of labor to engage in self-organization and to bargain collectively through representatives of its own choice. 360347146John L. Lewislong-time labor leader who organized and led the first important unskilled workers labor union, called in to represent union during sit-down strike. He formed the Committee for Industrial Organization (CIO) in 1935 and boss of the United Mine Workers 360347147Committee for Industrial Organization (CIO) 1935Originally formed by leaders within the AFL who wanted to expand its principles to include workers in mass production industries. John L. Lewis led a series of strikes including the sit-down strike at the General Motors automobile factory in 1936.In 1938, the CIO joined with the AF of L and the name "Committee for Industrial Organization" was changed to "Congress of Industrial Organizations." By 1940, the CIO claimed about 4 million members. 360347148Fair Labor Standards Act (Wages and Hours Bill) 1938.Industries involved in interstate commerce were to set up minimum-wage and maximum-hour levels. Labor by children under the age of 16 was forbidden. 360347149Election of 1936Republicans - Alfred M. Landon, However FDR was reelected. FDR won primarily because he had appealed to the "forgotten man." He had forged a powerful and enduring coalition of the South, blacks, urbanites, and the poor. 36034715020th AmendmentRatified in 1933, shortened the period from election to inauguration by 6 weeks. FDR took the presidential oath on January 20, 1937, instead of the traditional March 4. 360347151FDR and Supreme Court (2nd Term)President Roosevelt released his plan to ask Congress to pass legislation allowing him to appoint one new justice to the Supreme Court for every member over the age of 70 who would not retire; the maximum number of justices would now be 15. Shocking both Congress and the public, the plan received much negative feedback. 360347152Owen J. Robertsconservative Supreme Court judge who began voting more liberally thereby undermining FDR's "court packing" 360347153Supreme Court and the New Deal (FDR's 2nd Term)Supreme Court upheld the principle of state minimum wage for women, reversing its stand on a different case a year earlier. The Court, now sympathetic towards the New Deal, upheld the National Labor Relations Act (Wagner Act) and the Social Security Act. 360347154John Maynard Keynes"Keynesianism" --, British economist who argued that for a nation to recovery fully from a depression, the govt had to spend money to encourage investment and consumption 360347155Reorganization Act 1939Passed by congress, giving President Roosevelt limited powers for administrative reforms, including the new Executive Office in the White House. 360347156Hatch Act of 1939barring federal administrative officials from active political campaigning and soliciting. It also forbade the use of government funds for political purposes as well as the collection of campaign contributions from people receiving relief payments. 360347157Actual truth about the Great Depression and New DealPrivate enterprise was being suppressed and states' rights were being ignored. The most damning indictment of the New Deal was that it did not end the depression; it merely administered "aspirin, sedatives, and Band-Aids." Not until World War II was the unemployment problem solved.
APUSH Chapter 33- The Great Depression and the New Deal Flashcards (2024)
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