1. New Deal/Roosevelt Study Guide

2. 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

3. #1 Declared a bank holiday to figure out which banks still had money in them

4. Question #2 What are fireside chats? FDR’s informal radio broadcast Explained to Americans what was going on with the banks Calm Americans’ fears

5. #2 FDR’s informal radio broadcast Explained to Americans what was going on with the banks Calm Americans’ fears

6. Question #3 What was the Emergency Banking Relief Act? Treasury Dept. inspected the banks and reopened the “sound” ones

7. #3 Treasury Dept. inspected the banks and reopened the “sound” ones

8. Question #4 What did FDR do to regulate banks and the stock market? FDIC – insure depositor’s money SEC – rules on the stock market

9. #4 FDIC – insure depositor’s money SEC – rules on the stock market

10. Question #5 Why was there a push to repeal the 18 th Amendment (prohibition)? So the gov’t could tax alcohol – collect more revenue

11. #5 So the gov’t could tax alcohol – collect more revenue

12. 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

13. #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

14. 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

15. #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

16. Question #8 Which New Deal programs still exist? National Labor Relations Board, price supports for farmers, FDIC, SEC, Social Security, Tennessee Valley Authority

17. #8 National Labor Relations Board, price supports for farmers, FDIC, SEC, Social Security, Tennessee Valley Authority

18. 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

19. #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

20. 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

21. #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

22. 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

23. #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

24. Question #12 Whom did social security help? old-age insurance, unemployment compensation, aid to the disabled and families with dependent children (low income families)

25. #12 old-age insurance, unemployment compensation, aid to the disabled and families with dependent children (low income families)

26. Question #13 What is the role of the Federal Reserve? Manages nation’s money supply/change interest rates

27. #13 Manages nation’s money supply/change interest rates

28. Question #14 What is deficit spending? Gov’t spends more $ than is receives in revenue

29. #14 Gov’t spends more $ than is receives in revenue