New Deal/Roosevelt Study Guide

Question #1

• What does FDR do the first day he takes office? Why? • Declared a bank

holiday to figure out which banks still had money in them

#1

• Declared a bank holiday to figure out which banks still had money in them

Question #2

• What are fireside chats? • FDR’s informal radio broadcast

• Explained to Americans what was going on with the banks

• Calm Americans’ fears

#2

• FDR’s informal radio broadcast• Explained to Americans what

was going on with the banks• Calm Americans’ fears

Question #3

• What was the Emergency Banking Relief Act?

• Treasury Dept. inspected the banks and reopened the “sound” ones

#3

• Treasury Dept. inspected the banks and reopened the “sound” ones

Question #4

• What did FDR do to regulate banks and the stock market?

• FDIC – insure depositor’s money

• SEC – rules on the stock market

#4

• FDIC – insure depositor’s money• SEC – rules on the stock market

Question #5

• Why was there a push to repeal the 18th Amendment (prohibition)?

• So the gov’t could tax alcohol – collect more revenue

#5

• So the gov’t could tax alcohol – collect more revenue

Question #6

• List and describe the New Deal programs.

• AAA– Price supports for farmers

• TVA– Dams for hydroelectric power

• CCC– 18 to 25 yr. old men (building roads,

developing parks,etc)• NIRA/NRA

– Construction of bldgs, set max hours and min. wage

• HOLC– Gov’t loans for homeowners

• FERA– Direct aid for the needy

#6• AAA

– Help raise the price of crops• TVA

– Dams for hydroelectric power• CCC

– 18 to 25 yr. old men (building roads, developing parks,etc)• NIRA/NRA

– Construction of bldgs, set max hours and min. wage• HOLC

– Gov’t loans for homeowners• FERA

– Direct aid for the needy

Question #7

• List and describe the Second New Deal programs.

• WPA – Set out to create as many jobs as

possible (airports, roads, public bldgs)• NYA

– Provided education, jobs, counseling, and recreation for young people.

• Wagner Act– Protected workers’ rights to be in a

union and collectively bargain– Set up National Labor Relations Board

(NLRB) to hear testimony of unfair practices

• Social Security Act– Old-age insurance for retirees over 65,

unemployment compensation system, aid to families with dependent children and the disabled

#7• WPA

– Set out to create as many jobs as possible (airports, roads, public bldgs)

• NYA – Provided education, jobs, counseling, and recreation for young

people.• Wagner Act

– Protected workers’ rights to be in a union and collectively bargain– Set up National Labor Relations Board (NLRB) to hear testimony of

unfair practices• Social Security Act

– Old-age insurance for retirees over 65, unemployment compensation system, aid to families with dependent children and the disabled

Question #8

• Which New Deal programs still exist?

• National Labor Relations Board, price supports for farmers, FDIC, SEC, Social Security, Tennessee Valley Authority

#8

• National Labor Relations Board, price supports for farmers, FDIC, SEC, Social Security, Tennessee Valley Authority

Question #9

• What did liberals and conservatives say about the New Deal?

• Liberals believed that FDR and the New Deal didn’t do ENOUGH to help the poor

• Conservatives believed that FDR did too much to help out the poor

#9

• Liberals believed that FDR and the New Deal didn’t do ENOUGH to help the poor

• Conservatives believed that FDR did too much to help out the poor

Question #10

• How did the Supreme Court react to the New Deal?

• Declared some unconstitutional

• Thought some of the laws gave legislative powers to the executive branch

• Thought some of the laws went too far in regulating business

• Thought state matters were being taken care of by the Federal gov’t

#10

• Declared some unconstitutional• Thought some of the laws gave legislative

powers to the executive branch• Thought some of the laws went too far in

regulating business• Thought state matters were being taken care

of by the Federal gov’t

Question #11

• How did FDR want to change the Supreme Court? What happened?

• FDR wanted to “pack” the court with those who agreed with him

• Wanted to add 6 justices to the Supreme Court

• He was afraid the supreme court would declare all his New Deal legislation unconstitutional

#11

• FDR wanted to “pack” the court with those who agreed with him

• Wanted to add 6 justices to the Supreme Court

• He was afraid the supreme court would declare all his New Deal legislation unconstitutional

Question #12

• Whom did social security help?

• old-age insurance, unemployment compensation, aid to the disabled and families with dependent children (low income families)

#12

• old-age insurance, unemployment compensation, aid to the disabled and families with dependent children (low income families)

Question #13

• What is the role of the Federal Reserve?

• Manages nation’s money supply/change interest rates

#13

• Manages nation’s money supply/change interest rates

Question #14

• What is deficit spending? • Gov’t spends more $ than is receives in revenue

#14

• Gov’t spends more $ than is receives in revenue