Money/Banks
What was the first thing President Roosevelt set out to do during the new deal?
Restore trust in banks
Franklin Roosevelt’s policies for ending the Depression became known as the
New Deal
The Agricultural Adjustment Administration tried to help farmers by
paying them not to grow crops
OR
paying off farmer debt
FDR ran against who in the 1932
Hoover
Name one of the 2 ABC Programs that dealt with banks or stocks
FDIC & SEC
FDR and Theodore Roosevelt are related in 2 ways. Name them
Theodore Roosevelt’s niece Eleanor
and through blood (they share a great great great great great grandpa)
The Works Progress Administration program mostly employed
people in the arts
Although they disagreed on specifics, Roosevelt’s advisers favored government...
1. assistance to small business
2. intervention in the economy
3. involvement in health care
2. intervention in the economy
What are Bank Holidays
period that allowed the government to inspect banks to see if they were healthy enough to reopen
After he served as assistant secretary of the navy, Franklin Roosevelt caught the paralyzing disease polio, which left him
with little use of his legs
What are the 3 R's of the New Deal
Relief, Reform, Recovery
The period of time in 1933 when the newly elected Franklin Roosevelt sent bill after bill to Congress came to be called the
Hundred Days
Framers of the Social Security Act saw it primarily as...
1. an insurance measure
2. a welfare measure
3. a retirement pension measure
1. an insurance measure
Franklin Roosevelt’s “court-packing plan” was a serious mistake because
it appeared to interfere with the Constitution’s separation of powers
The National Industrial Recovery Act allowed business, labor, and the government to cooperate in setting up
Minimum wage, maximum hour work weeks, abolished child labor
To inform and reassure citizens, Franklin Roosevelt addressed them directly by radio in what were called
fireside chats
During the Depression, many state governors declared “bank holidays” to
Prevent bank runs
Prevent bank from collapsing
Roosevelt triggered a new economic downturn in 1937 by
Decreasing government spending
What were two federal agencies focused on creating employment?
Civilian Conservation Corps (CCC) and Civil Works Administration (CWA)
Franklin Roosevelt’s “court-packing plan” was a serious mistake because
it appeared to interfere with the Constitution’s separation of powers