impacts of the New Deal on the economy Flashcards
what are two aims of the new deal
get usa back to work,protect savings, provide for sick, old and unemployed, make industry and agriculture productive again
name 2 things the social security acts did in the second new deal
financial help to sick and disabled, pensions for elderly and widows, unemployment insurance schemes
how many black Americans were employed by the CCC
200,000
what was the EBA and what did it do
Emergency Banking Act opened 5000 trustworthy banks
what nickname was given to useless jobs
Boondoggling
how many women were employed by the CCC
8000
how many jobs did the PWA create in how many years
8 million in 8 years
how much did FERA give to states and name 3 things they bought
$500 million and soup kitchens, blankets, employment schemes and nursery schools
what did the share the wealth scheme want to cap personal fortunes at and annual income
$3 million and $1 million
how many people were hired by the CCC
2.5 million
how many people were still unemployed by 1941
6 million
what was the EA and what did it do
Economy Act and cut government employees wages by 15%
how much did the FSA loan to farmers
$1 billion
what were unemployment levels in 1941
6 million (still high)
what did the REA do
Rural Electrification Administration, gave financial help to private companies to supply electricity to areas bot previously supplied
