1930 NEW DEAL REFORMS Flashcards Preview

APUSH > 1930 NEW DEAL REFORMS > Flashcards

Flashcards in 1930 NEW DEAL REFORMS Deck (19):
0

Reconstruction Finance Corporation
RFC

Hoover
After bank collapse, came too late for what it did
No real impact
Depended on trickle down economics (give money to groups, they will spend. But they didn't.)

Loans to banks/businesses
Funds for relief efforts/Public works
Not all money given used (20%)

1

Hoover dam

Not called that ATM
PWP generates electricity, creates isolated jobs

2

Bank holiday

First act of FDR
4 day bank closure

Created sense of relief
Led to emergency banking act
Dispels panic, encouraged people to go back to the banks
1 billion put back by people

3

Emergency banking act

Protect large banks from being dragged down
Passed in 4 hours by congress because they were scared shitless
Treasury department inspection before banks reopened (bank holiday)

4

Economy act

Convince conservative Americans (and buisness) that the gov was in good hands and gucci
Proposed balance to fed gov by cutting salaries/reduce vet pension
Pasted real fast wow getting shit done

5

Prohibition repeal

1933
Legalize sale of beer, FDR passed 21st

6

agricultural adjustment act
AAA

Aided farmers, regulates crops
Subsides for not growing (unconstitutional later)

Resulted in rise in prices
Farm income increased 50%

Favored large farms
Encourage evicting of sharecroppers and field hands when fields lay idle

7

National recovery administration
NRA

Hugh Johnson
Established optional national blanket code of minimum wage and reduced workweek among buisness
Child labor outlawed

Codes poorly written
Hard to enforce
Favored large businesses (these hoes were writing it)
Artificially raised prices
Declined production
"Schecter case"
Sick chicken

8

CCC civilian construction corps

Employed young white men on projects, plus food and board
Created national parks
Planted tree lines (dust bowl)

9

FERA federal emergency relief fund

Grants to state and local govs for relief programs

Directior Harry Hopkins

10

PWA public works administration

Harold ickes
Granted money to state govs for infrastructure projects
Created lots of jobs
Lower paying than NRA,overemployment
Employ people quickly in big numbers
Replaced with WPA later

11

WPA

SND
The renaissance: don't starve
Jobs to artists/variety
Part time to teens
More inclusive for whites
Better organized than PWA

12

SEC securities and exchange commission

Regulate stock market/ limit speculative practices
Protect investors from Freud
Reform

13

FHA federal housing adm

Insured bank loans for building and repairing housing

14

RA resettlement Administration

SND under brain trust tugwell; loans to sharecroppers, tenants, small farmers. Decent housing for migrants

15

REA rural electrification adm

SND
Power in rural areas reform

16

Federal tax increase

SND
1935 tax on inheritance and generally for wealthy

17

NLRB and Wagner act

Workers right to union and board formed to enforce

18

Court packing bill

1937 get rid of all old people in Supreme Court so FDR can do what he want