The Great Dpression and the New Deal...
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- bonus army
- group of WWI vets who go to washington demanding money
- national industrial recovery act
- restablished the national recovery administration
- election of 1932
- hoovers declining popularity. the bonus army. Roosevelt (demo.) Hoover (rep)
- fair labor standar act
- gradual implementation of min. wage 40 hrs no child labor only 4 business in numerous states
- national youth administration
- youth and college aspcts for working
- national labor relations act 1935
- this repalces the NRA and reconfirms the act of labor. strengthens the authority of labor
- bank holiday
- closing of the bank to slow down the flow of money and to provide confidence in the banking system.
- going off the gold standard
- it ment that nothing was backin up the money
- emergency relief appropriation act
- direct federal imployment act, state and local act payments increased presidential authority reenstaled the administrationa act
- social security
- had 2 aspects 1. employers pay taxes that will pay unemploy benefits 2. pay equally by employer and employees ( old age benefits- retirements)
- securities and exchage commission
- regulates the stock market
- the home owners loan corporation
- provided money to refinance morgages
- federal communications commission
- regulates the communications system
- london
- was the rep. nominee (lost)
- fireside chats
- it was a series of radio broadcast by roosevelt when he was in office to share with the people their plan on helping the economy
- public works administration
- provided jobs and work of buildings, road bridges, public buildings
- huey long
- new deal opponent, senador form louisiana, he was corrupt
- speculation
- purchase of somehting by later selling it and getting a profit out of it
- agriculture adjustment act
- prevented fluxuation of farm prices offer direct cash to subcities to farmer. federal money for refinancing farm loans
- election of 1936
- Roosevelt (dem) London (rep)
- national housing act
- give low class loans. provide substitutes by loan. provide min. wage gradually implemented.
- herbert hoovers response to the collapse of the stock market
- 1. voluntary action 2. federal aid
- national recovery administration
- they would look over proposals that people drew up of their own plan of prices. they could agreet to this proposal, but if disagreed, they would make the plan
- chief complain against the new deal
- it did nothing to hte economy, concentration, recovery than relief for unemployed
- gov. contracts act 1936
- gov. company : min. wage, 40 hrs. no child labor
- perkins
- sec. of labor 1st women to hold cabnit. appointed slums clearance
- farm security administration
- loans to tenate farms, sharecrops, and immingrants
- tennessee valley administration
- the tennesee river valley a series of gov. buildings were building hygroelectric dams to creat flood control and produce electricity
- rural electrification administration
- gov. provided low interest loans to electric companies to get electricity to rural areas
- FDIC
- fedeal deposit inssurance corportation. protected money for people, up to 5000
- emrgency bancking relief act of 1933
- brought in gold ans silver under the control of the govenment
- federal emergency relief act
- proviede money to the states for unemployment and relief programs
- effort to pack the court
- roosevelt tries to bring in more people to the supreme court from 9-15, so that his new deal may not be ruled unconstitutional
- civilian conservation corps
- employed youngmen in work in park rangers
- 2 prgrams struck down by the supreme court
- national recovery administration and agricilture adjustment act
- banking act of 1933
- established the fdic inlarged the federal reserve system
- economic problems contributing to hte collaps in 1929
- 1. real estate speculation 2. stock market speculation 3. overproduction 4. high prices low wages 5. agriculture 6. international finance 7. protective tariff
- federal housing administration
- it inssured the home owners loan. when the bak would make a loan the federal gov. would inssure the loan
- works progress administration
- public works, imployment program, established by ERpact. builed paks highways, etc..
- influence of WWII
- brought end to great depression