Chapter 27 Flashcards

(36 cards)

1
Q

In 1933, president Roosevelt confronted three major challenges:

A
  1. Reviving economy
  2. Relieving widespread human misery
  3. Rescuing farm sector
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2
Q

Roosevelt and advisors had three step strategy to revive economy

A
  1. Provide short term relief for jobless
  2. Increase federal spending, cooperative agreements between management and organized labor
  3. Paid farmers to reduce size of crops
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3
Q

Emergency Banking Relief Act

A

Under Roosevelt

Permitted sound banks to reopen and appointed managers of those still in trouble

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4
Q

Economy Act

A

Under Roosevelt

Granted executive branch the power to cut government workers salaries

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5
Q

Beer-Wine Act

A

Amended the Volsted Act to permit the sale of beverages with an alcohol content of 3.2 percent or less

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6
Q

21st Amendment

A

Ended prohibition

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7
Q

First New Deal

A

Lasted from 1933-1935

Addressed acute debt problem faced by farmers and homeowners

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8
Q

Federal Deposit Insurance Corporation (FDIC)

A

Guaranteed personal bank deposits up to $5000

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9
Q

Civilian Conservation Corps (CCC)

A

Provide jobs to unemployed married men 18-25. Worked on roads bridges campgrounds etc.

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10
Q

Federal Emergency Relief Administration (FERA)

A

Federal money went to states in grants as opposed to loans

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11
Q

Civil Works Administration (CWA)

A

Provided federal jobs, after the programs cost went to $1 billion Roosevelt dissolved the administration

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12
Q

Agricultural Adjustment Act (AAA)

A

(1933) paid farmers to reduce production

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13
Q

United States v. Butler

A

United States declared the AAA’s tax on food processors unconstitutional

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14
Q

National Industrial Recovery Act (NIRA)

A

Two parts: dealt with economic recovery and public works projects. The Public Works Administration (PWA) granted $3.3 billion for new government buildings, highway construction, etc.

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15
Q

National Recovery Administration (NRA)

A

Headed by Hugh Johnson.

  1. Codes that set wages and prices
  2. Provided jobs, defined workplace standards and raising wages
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16
Q

Labor standards featured in every code:

A

40 hour workweek
Minimum weekly wage if $13
Prohibited child labor

17
Q

Tennessee Valley Authority (TVA)

A

Brought electrical power, flood control, and jobs to poorest regions in the nation.

18
Q

Dust bowl refugees known as…

A

Okies or Arkies

19
Q

Bureau of Indian Affairs

A

Headed by John Collier. His primary objective was the passage of the Indian Reorganization Act.

20
Q

Alfred E. Smith and John W. Davis

A

Helped to form the American Liberty league which opposed New Deal measures

21
Q

Huey Long

A

Had the “Share the Wealth”

Philosophy

22
Q

Francis Townsend

A

Townsend Recovery Plan would pay $200 a month to every citizen over 60.

23
Q

Father Coughlin

A

The “radio priest” founded the National Union for Social Justice. Viewed the New Deal as a communist scheme wanted to return to populist ideals.

24
Q

Emergency Relief Appropriation Act

A

Roosevelt called it the “big bill” included many programs such as the Works Progress Administration (WPA)

25
National Labor Relations Act (or the Wagner Act)
Guaranteed workers the right to form unions and bargain with management . Also created a National Labor Relations board.
26
Social Security Act of 1935
The "cornerstone" of the Second New Deal, designed by Frances Perkins. 1. Self financed pension fund for people over the age of 65 2. Also set up a federal state unemployment insurance program 3. Payroll was a regressive tax, single rate fixed for all regardless of income
27
Downfalls of Social Security
- it removed from circulation a significant amount of money | - initially excluded 9.5 million workers
28
Revenue Act of 1935
Or the Wealth Tax Act or the soak the rich tax. This raised tax rates on annual incomes above $500,000. Conservatives responded that Roosevelt was turning into a communist.
29
In roosevelts second term, the democrats had the majority in the house and senate.
But not in the Supreme Court. In fact, the Supreme Court had ruled against 7 of the 9 New Deal cases it had reviewed, therefore becoming a hindrance to democrats
30
Henry Hopkins
Headed the FERA and the WPA, seen as FDR's chief official of new deal agencies
31
Frances Perkins
Secretary of labor and first female cabinet member
32
The 1937 economic slump was caused in part by...
A sharp decrease in government spending
33
During the Hundred Days, Roosevelt...
Instituted the TVA, closed the banks and created the AAA.
34
The federal program established in 1932 under president Hoover to loan money to banks and other institutions to avoid bankruptcy
Reconstruction Finance Corporation
35
Fair Labor Standards Act
Government established a minimum wage of 40 cents an hour, minimum work week of 40 hours, prohibited employment of those under 16
36
Farm Security Act (1937)
Loaned more than $1 billion to small farms and tenet farmers