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Between what dates was the election victory of Roosevelt

November 1932 and Roosevelt taking office in March 1933

1

What was the period between these dates called, Before Roosevelt took office in March 1933, and what did this period entail

Lame-duck months. It is when the new Administration is not yet in place-Roosevelt worked out the new deal in greater detail

2

What theories did Roosevelt adopt - of a British men named who and what was this mans occupation

The British economist J.M.Keynes: that's the way to end the depression was to put money in peoples pockets

3

What would Roosevelts Theory do?

Increase spending, which would stimulate industry and thereby kickstart the new cycle of prosperity

4

What did the new deal require

Massive state involvement in the economy and then setting up of government-controlled agencies

5

What was so significant about Roosevelts authority. What did Congress grant him?

He was given the authority to do with the new deal when congress granted him emergency powers-the sort of powers he would have had if the USA have been at war

6

When did Roosevelt set up the alphabet agencies

During the first hundred days in office

7

Why were the agencies called alphabet agencies to the people

People found it easier to remember them by their initials than by their full names

8

What was a result of Roosevelt realising the need to explain to the American people what he was doing

He set up fireside chats this resulted in the Americans having trust and confidence in his measures and in the recovery of the economy

9

What did Roosevelt say when he was sworn in as president

'the only thing we have to fear is fear itself'

10

How did Roosevelt perform the fireside chats. Give how they were broadcast how many Americans listen to them and what the aims were.

Broadcast over radio to reach a large audience of millions of Americans and to talk directly to them. He sat in a chair by a fire in his office he explains in simple terms why USA falling into depression and what he proposed to do to end it

11

The broadcasts were hugely successful-give an example of the most successful Fireside chat and what this chat dealt with

The first Fireside chat was especially successful because it dealt with the banking crisis which affected nearly all Americans

12

When did Roosevelt introduced an emergency banking act

March 1933

13

What was the emergency banking act

It meant all banks were closed for four days.
During then gov officials inspected accounts of every bank.
Only banks properly managed allowed to be open and those supported by government loans

14

What was the result of the emergency banking act? Give 2

1.savers kept account open

2.customers who had withdrawn their money even started to get it back into their accounts

--> banking crisis over

15

When was the Glass-Steagull act past and by who

June 1933 by the government

16

What did the Glass-Steagull Act do?

Stopped banks speculating with their customers money By insisting that savings banks could not also be investment banks

17

What did the glass-Steagull act forbid

It forbade banks to own other finance companies and gave the US federal reserve the right to set interest rates.

18

What did the rules on the GS act improve

The honesty and stability of the US banking system

19

When was the AAA set up and what was its long name

May 1933. Called the agricultural adjustment administration

20

What did the AAA do

Helped farmers increase their income by paying to produce less food = Food prices go up farmers income increases

21

What was the effect on farmers incomes by the aaa in the period up to 1939

Farmers incomes double

22

How did the AAA failed to help farmworkers

Many were evicted as there was less work for them to do

23

What did Roosevelt set up in an attempt to help both sides of industry-employers and workers

The national recovery Administration (NRA)

24

What did NRA do? (Three points)

• employers and businessmen invited to follow codes fixing fair prices for goods being sold
• emps + busmen agreed to fair conditions - minimum wages, max hours of work, forbade child labour and cheap sweated labour
• businesses that signed NRA code could advertise Blue Eagal Emblem with motto 'we do our part' - Americans encouraged to buy blue eagle goods

25

What were the result of the NRA

Success

End of 1933 2 million employers, employing 22 million workers had agreed to the codes

26

What was the FERA and when was it created and what was it aim

Federal emergency relief administration.
Created 1933 to give quick relief to the hungry and homeless

27

What did the FERA do? (Spending and what for)

$500 million spent on providing soup kitchens and clothing and setting up a employment schemes

28

What was the CWA and what was its aim and when was it set up

Civil works Administration aimed to provide as many jobs as possible in the short term between the winter of 1933 to 34

29

How many jobs were created by the CWA and how were they created

4 million jobs created on projects such as building and improving roads, schools, airports and other public installations.
People paid to sweep leaves in parks and fighting pigeons from building.