Ch. 26 Textbook Questions
what was the tenessese valley authority?
a federal agency tasked with the job of planning and developing the area through flood control, reforestation, and hydroelectric power. =also included an educational component, teaching farmers important lessons about crop rotation, soil replenishment, fertilizing, and reforestation.
who was the senator from Louisiana that developed the "shape our wealth" program?
Huey "Kingfish" Long
how did FDR address the banking crisis?
= Emergency Banking Act of 1933 was signed into law on March 9, 1933, a scant eight hours after Congress first saw it. The law officially took the country off the gold standard, a restrictive practice that, although conservative and traditionally viewed as safe, severely limited the circulation of paper money
why were so many workers going on strike between 1932 -1934?
= The Communist Party took advantage of the opportunity to assist in the hope of creating widespread protests against the American industrial structure. =in ohio,at summer resulted in ten thousand workers from other factories joining in sympathy with their fellow workers to attack potential strike-breakers with stones and bricks. =Minneapolis, a teamsters strike resulted in frequent, bloody confrontations between workers and police, leading the governor to contemplate declaring martial law before the companies agreed to negotiate better wages and conditions for the workers.
what effect did fireside chats have on americans?
= built up americans confidence- inducing move help to build the economy back up = americans had more trust in the president FDR
what did the agricultural adjustment administration (AAA) do? how did it specifically provide relief to some farmers?
=Farm program designed to raise process by curtailing production =years enacted 1933-1935 =offered some direct relief: Farmers received $4.5 million through relief payments. But the larger part of the program paid southern farmers to reduce their production: =it was designed to boost prices to a level that would alleviate rural poverty and restore profitability to American agriculture
what were roosevelt's "fireside chats"?
=Roosevelt's weekly radio addresses—underscored Roosevelt's savvy in understanding how best to reach people. Using simple terms and a reassuring tone, he invoked a family patriarch sitting by the fire, explaining to those who trusted him how he was working to help them. =provided an opportunity for him to speak directly to the American people, and the people were happy to listen.
what did the glass steagall act do?
=This law prohibited commercial banks from engaging in investment banking, therefore stopping the practice of banks speculating in the stock market with deposits. This law also created the Federal Deposit Insurance Corporation, or FDIC, which insured personal bank deposits up to $2,500.
what groups of people and individuals criticized the new deal?what were there criticisms?
=both from conservatives who felt that it was a radical agenda to ruin the country's model of free enterprise, and from liberals who felt that it did not provide enough help to those who needed it most =Industrialists and wealthy Americans =attacking his character or simply stating that he was moving away from American values toward fascism and socialism, they sought to undermine his power and popularity\ =Additional criticism came from the National Association of Manufacturers, which urged businessmen to outright ignore portions of the NRA that promoted collective bargaining, as well as subsequent labor protection legislation.
what did the civilian conservation corps do?
=provided government jobs for young men aged fourteen to twenty-four who came from relief families =put hundreds of thousands of men to work on environmental projects around the country. Some call it the beginning of the modern environmentalist movement in the United States. 1933-1942
what were the law's problems? and successes?
=success these price increases would be achieved by encouraging farmers to limit production in order to increase demand while receiving cash payments in return. =One significant problem, however, was that, in some cases, there was already an excess of crops, in particular, cotton and hogs, which clogged the marketplace. =another problem was the disparity between large commercial farms, which received the largest payments and set the quotas, and the small family farms that felt no relief
what was included in the shape our wealth proposal?
=under this plan, Long recommended the liquidation of all large personal fortunes in order to fund direct payments to less fortunate Americans. He foresaw giving $5,000 to every family, $2,500 to every worker, as well as a series of elderly pensions and education fund
what types of legislation were included in the second new deal?
fair labors hours, social security, labor unions can collectively bargain, food stamps for poor people, jobs for college students as part time, ,crop insurance for farmers
