APUSH Great Depression New Deal Programs

Emergency Banking Act

helped the banks out and stabilized them with a holiday, with a fireside chat he gave the people confidence in banks again.

Federal Deposit Insurance Corporation (FDIC)

guaranteed money from the government when a bank crashes and you have a deposit in there

Agricultural Adjustment Act (AAA)

Gave farmers money to reduce crop size to reduce production and bring up the value of crops

Were new deal programs short term or long term?

short term; they were to stabilize and stop the economic plummet

Works Progress Administration (WPA)

Hires jobless people to build public buildings and parks, goal was to give many people jobs.

Public Works Administration (PWA)

similar to the WPA, instead helping construction workers get jobs doing public projects

Soil Conservation Act

Established the soil conservation service, which deals with soil erosion problems, carries out soil surveys, and does research on soil salinity.

National Industrial Recovery Act (NIRA)

made industry codes for the public works and the president could regulate the industry

Social Security Act

tax that took money out of check and gave it back in pensions in retirement

Tennessee Valley Authority

built dams to control flooding and produce cheap electric power

did FDR help African Americans? why or why not

He relied on southern democrats who were usually racist and hated African Americans, so he appealed to the audience by leaving race issues. Basically, he wanted to get reelected.

How was FDR as a president

he was a great communicator and practical person working for the good of the people. He was not socialist, although people think he is.

How did WWII affect the homefront?

Government encouraged monopolies and big businesses. Many big businesses consolidated to efficiently maximize resource production. Before this, there was a large anti-big business sentiment during the depression.

What was FDR's position on prohibition?

He wanted the 18th Amendment gone, he was anti-prohibition.

Civilian Conservation Corps

hired unemployed men to work on natural conservation projects, giving more jobs

Which deals survive the Great Depression? Which deal does not?

The FDIC and Social Security Act survive. The anti-monopoly did not survive.

What caused the Great Depression?

-Banking collapse: there was a lot of thousands of local, unstable, unregulated banks

-Overproduction of goods that were being under consumed

-installment buying (paying things over time) created artificial demand

-Less international trade due to high tariffs and withdrawal of foreign funds

-Stock market crash