History- the new deal

Revenue Act of 1935

(sock the rich) raise tax on rich and counters populist

What did the FDR start setting up for individual job relief? what is the WPA?

1)he set up the works progress admin- all others 2) set up civil works admin- roads and bridges 3) sets up civil conservation corps- forrest/NTL parks

What might have been calvin coolidge response to the Great Depression?

Cooldige probably wouldn't have done much because he didnt believe he should get involved in things. Hoover however did get involved.

The presidential Election of 1936

FDR won a second term easily. The African Americans switch their vote as a group.

How did hoover respond to the economic spiral?

He created the Hawley- smoot tariff in 1930. it was supposed to defend american industry but it difnt work bc europe ended up making their own tariffs. He also created the RFC which loaned money to key players like banks and railroads.

What was FDR's response to his critics?

He tries to get rid of oppression, gets involved in primaries of the election. The election stops FDR from making more new deals.

What was Hoover's principal motivation behind his politics?

He wants to avoid direct payments to people. his theory is called Associationism.

Who was Franklin D. Roosevelt?

He was the dem nominee. He went to Harvard and Columbia Law. he gets paralyzed at age 39. Very sociable and charismatic. Not very smart.

What was the Second New Deal?

In 1935 another round of relief for workers and farmers because FDR thought the government could help more.

Describe the economic spiral that happened in 1929-1932?

In the 1929 the industry and banks collapse and there is 25% unemployment. in 1930 the Hawley Smoot Tariff was created. the ecpnomy kept spiraling down.

What was one indisputable effect of FDR's flourish of activity at the beginning of the New Deal?

It made people less afraid and it lasts until 1937. people lost faith bc of the roosevelt recession.

What was FDR's theme of a New Deal?

It was supposed to be a rebalance not a revolution.

What was the Public's opinion on Hoover?

Ppl first felt good about him but soon didnt like him. They didnt like the RFC because it only gives money to the big players.

What was the "switch in time that saved nine"?

The 2 justices switch the vote which saves the 9 supreme justices.

What was court packing?

The Supreme Court has 9 justices and he wanted 15. FDR gets to pick the new justices.

What are a few aspects of the new deal that can be generalized?

There is an increased regulation and it has an experimental mid set. It ignored Hoover's red line.

What is the executive reorganization act (1937)

congress looses over sight. tries to get congress to give power to him

The congressional Election of 1938

does not go well for FDR. he is stopped from more New deals.

result of FDR's new deal

fails economically but does well politically bc it avoids a civil war.

National Labor Relations Act

gives employees the right to organize into unions

Describe the year of 1932 during the Great Depression in USA?

it was very bad. the stock market is reduced to 1/9th of it's size. there is 25% of unemployment

What was the obstacle in FDR's way in his desire to implement a third deal?

judicle branch- Supreme Court. He was going to court pack but it didnt work because people start to see him as a tyrant and a split happens in the deomocratic party.

What criticisms did FDR face towards the new deal from the left and right?

right- leave it alone. people didnt want national planning. left- wanted more involvement. huge programs where they were making the rich richer.

Describe FDR;s inagural address.

the address target banks and wanted to treat it like a war. it was in 1933

what was the problem with the banking system? how did FDR try and fix the problem?

the people lost trust in the banks and the banks lost. FDR starts the FDIC which is a backup incase banks fail.

Social Security Act of 1935

when you payed the government a little iof your money every packcheck to a big pool of money. When you retire you are able to draw from that pile of money. The money is supposed to be a supplement.