issue 4 USA - FDR Flashcards
(19 cards)
social relief
analysis 1
the CCC act shows how succesful FDR measures were as it boosted the confidence and respect for young men.
10k men improved their literacy skills.
social relief
analysis 2
the WPA act shows how succesful FDR measures were as it provided jobs and employed those who would most likely be jobless.
social relief
counter analysis
CCC discriminated against other races and women.
mainly open to white men.
recruits may still need more relief after joining.
social relief
evaluation
- Home Owners Loan Coorperation created with a $400 million grant from the PWA
- Home Owners Loan Coorperation aimed to provide emergency relief to the unemployed
- Civilian Conservation Corps employed 4 million people on public projects
economic relief
analysis 1
- reopened solvent banks
- Reorganized some banks for financial stability
- Fireside chats encouraged depositors to return money to banks
economic relief
analysis 2
- $1 billion returned to banks by April
economic relief
counter analysis
- Glass-Steagall Act aimed for long-term stability in banking
- Prohibited commercial banks from engaging in investment banking
- Critics argued FDR’s approach to economic recovery wasn’t successful
- Some believed FDR continued Hoover’s policies and relied on Hoover-appointed officials
- Many felt the measures in the act weren’t radical enough
economic relief
evaluation
- FDR successful in economic recovery
- Public Works Administration employed hundreds of thousands
- PWA invested billions into economy
- Responsible for large public work projects
- FDR injected money into economy and provided jobs
economic relief
knowledge 1
One piece of legislation FDR issued to address economic recovery was the emergency banking act. 1933
Act closed all banks for 4 days
Treasury investigated banks at risk of collapse
aimed to restore confidence in the banking system.
economic relief
knowledge 2
Alongside this FDR started a ‘fireside chat’
he encouraged Americans to put their money back in the bank, the act was successful.
social relief
knowledge 1
- FDR created the Civilian Conservation Corps (CCC) 1933 for social relief
- CCC employed young men aged 17-24
- Recruited by Dept of Labour to work in national forests, parks, and public lands
- Provided three meals a day and a small wage
- 250,000 recruits in the first year
social relief
knowledge 2
The PWA in 1933 introduced $3.3 billion was provided to be pent on PUBLIC WORKS such as roads, dams, hospitals and schools in the hope that such schemes would stimulate the economy.
E.g. Road building would lead to increased demand for concrete.
political relief
knowledge 1
- FDR introduced the Social Security Act 1935
- Aimed to prevent another Great Depression
- Provided old-age pensions funded by employee and employer contributions
- Unemployment insurance funded by payroll taxes from employers and employees
political relief
knowledge 2
- the national labour relations act 1935
- Guaranteed workers the right to collective bargaining through chosen unions
- Workers could choose their own union via secret ballot
- National Labor Relations Board created to ensure fair play
- Employers were banned from unfair practices like discriminating against union members
political relief
analysis 1
as it provided a new state pension for poor children, disabled people and widowed.
This act sent out a loud message that FDR and his government cares about the American people.
political relief
analysis 2
Trade Unions rights in law
federal government responsible for labour relations.
This was a big REFORM of American industry, since the rights of many workers were protected for the first time.
political relief
counter analysis
the social security act was generally inadequate to meet the needs of the poor and many employee groups such as agricultural workers, domestic servants and those waiting for small scale employers were excluded from this act.
political relief
evaluation
The National Recovery Act aimed to prevent another Great Depression by encouraging businesses to implement a minimum wage and hire more workers. Many employers didn’t comply, and efforts to stop overproduction and control inflation backfired. Ultimately, the Supreme Court ruled the act a failure and revoked it.
introduction
background information
Franklin D Roosevelt was elected as American President in November 1932 at the height of the Great Depression, a crisis that had been triggered by the Wall Street Crash in 1929 and had caused unprecedented social and economic suffering.
