FDR Domestic Policies Flashcards

(33 cards)

1
Q

When was the AAA set up and why?

A

1933, to stop over production

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2
Q

What years was FDR president?

A

1933-1945

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3
Q

How many acres of crops were ploughed over as part of the AAA and how many piglets were bought and killed?

A

10.5 million acres of land, 6 million piglets

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4
Q

How much did total farm income rise to from 1932 and 1935?

A

$4.5 billion in 1932 to $6.9 billion in 1935

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5
Q

When was the Tennessee Valley Authority set up and why?

A

1933, to deal with poverty in Tennessee Valley

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6
Q

How many dams did the TVA build?

A

20 dams were built to control the floods that periodically affected the area

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7
Q

Emergency Banking Relief Act

A

1933, gave the treasury the power to investigate all banks which restored confidence

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8
Q

Glass-Steagall Act

A

1933, increased the regulation of banks

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9
Q

What is an example of the Glass Steagall Act 1933?

A

Only certain banks could invest in the stock market

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10
Q

Individual deposits of up to how much were insured and what act was this part of?

A

$2500, Glass-Steagall Act

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11
Q

Why was the NRA set up?

A

To help industrial recovery

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12
Q

How did the NRA attempt to help industrial recovery? How successful were they?

A

Temporarily lifted anti-trust measures, introduced codes of practice such as higher minimum wage - very few were successful

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13
Q

How did the Public Works Administration attempt to boost the economy?

A

Pumped money into public works to boost the economy

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14
Q

As part of the PWA, how much money was invested to build how many schools and miles of road?

A

$3.3 billion invested to build 13,000 schools and 50,000 miles of road

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15
Q

Federal Emergency Relief Act 1933

A

Gave $500 million to states to provide welfare for the unemployed

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16
Q

Why were states reluctant to take money to help the unemployed?

A

They were reluctant due to rugged individualism

17
Q

What was the CCC and when was it set up?

A

Civilian Conservation Corps 1933

18
Q

Who could be a part of the CCC?

A

Unemployed men aged 17-24

19
Q

Where did members of the CCC work and how many trees did they plant?

A

Worked in national parks and planted 1.3 billion trees

20
Q

Why did FDR win the 1932 election?

A

Failures of hoover, FDR charisma and the use of the media (radio fireside chats), new deal promises

21
Q

The AAA ploughing land under caused the price of cotton per pound to rise to what in 1933?

A

$6.6 to $10 cents

22
Q

How many man hours did the CCC spend fighting forest fires?

23
Q

1934 Indian Reorganisation Act

A

Gave federal funds to tribes to buy new land

24
Q

How many people did the Public Works Administration employ?

25
What did the Civil Works Administration do?
Provided emergency relief to the unemployed over the winter of 1933 to 1934
26
How many people did the Civil Works Administration put to work?
4 million
27
How successful was the Civil Works Administration?
Unsuccessful as it closed in March and unemployment and social problems still persisted
28
Truth in Securities Act 1933
Required brokers to offer clients information about the securities they were selling
29
Securities Act 1934
Securities Exchange Commission oversaw stock market to prevent fraud
30
Silver Purchase 1934
Raise prices by introducing silver into coinage
31
How much did the dollar’s value fall to and what did this cause?
85 cents causing an increase in prices
32
How successful were the Glass Steagull Act 1933, Truth in Securities Act 1933, and the Securities Act 1934?
Very successful due to self funding
33
How successful was the National Recovery Administration?
Unsuccessful as it didn’t cause economic recovery but allowed businesses to engage in unfair business practices