New Deal V. Roosevelt's Brain Trusts
1. FDR’s Brain Trusts were made by a group of university professors. Roosevelt created their trusts as he relied on them for economic advice. He heavily relied on the during the development of the New Deal.
2. The attempts to fix the Great Depression:
a. Bank Holiday- throughout the nation, banks began to fail in 1933. To prevent this furthermore, FDR ordered all banks to close down on March 6, 1933 and remain so until the gov. can restore and stabilize it.
b. Repeal of Prohibition- FDR promised to repeal ban on alcohol. He also passed the Beer-Wine Revenue Act that legalized selling beer & wine and helped raised tax money. The Prohibition Amendment (18th Amendment) was repealed by the 21st Amendment in 1933.
c. Federal Deposit Insurance …show more content…
Workers and farmers supported FDR because the New Deal programs and personal leadership. Businesses didn’t’ like FDR for his regulating programs and the position he assures.
6. The victory of Roosevelt revealed that the Democratic Party could count on coalition consisting of sold south, white ethnicities in the city, farmers, and labor unions.
7. Liberal Critics- criticized the 1st New Deal for paying more attention to businesses than the unemployed/poor. Failed to solve ethnic problems, women’s rights, and helping the elderly
Conservative Critics- The New Deal gave Fed. Gov. too much power. The WPA and Wager Act bordered socialism and communism. Business leaders were afraid of increasing regulations in the Second New Deal.
Father Coughlin- he founded the National Union for Social Justice that issued inflated currency and nationalized the banks. The attackers were anti-Semitic and fascist.
Francis Townsend- he wanted 2% of federal sales tax to create special funds for people over 60 yrs. old. This simulates the economy and end depression.
Huey Long- “share our wealth” he calls for minimum $5000 annual income for each family, payed by taxes of the …show more content…
Unions during this time grew and there were rival unions. The American Federation of Labor were mainly white workers. They also wanted to extend membership to women, other races, and the unskilled to join them. There were a lot of strikes that led to violence but they advocated prohibition of child labor and better minimum wage and hours.
10. The Great Depression affected:
a. Women-had unemployed parents and they struggled to care for their kids. The New Deal allowed low pay for them
b. Dust Bowl Farmers- poor farming practices and high winds destroyed soil. Many Okies migrated to California to work
c. African Americans- higher unemployment rates than average and was excluded from state and local relief programs. They also suffered lynching in the South and FDR supported little of their civil rights.
d. Native Americans- The Dawes Act of 1974 was replaced by the Indian Reorganization Act that returned lands to Indian tribes and supported the preservation of Indian culture.
e. Mexican Americans- there was a high unemployment and drought in the Midwest that caused a dramatic growth in migrant workers. New Deal Programs and competition for jobs forced thousands of Mexicans to return to
2. The attempts to fix the Great Depression:
a. Bank Holiday- throughout the nation, banks began to fail in 1933. To prevent this furthermore, FDR ordered all banks to close down on March 6, 1933 and remain so until the gov. can restore and stabilize it.
b. Repeal of Prohibition- FDR promised to repeal ban on alcohol. He also passed the Beer-Wine Revenue Act that legalized selling beer & wine and helped raised tax money. The Prohibition Amendment (18th Amendment) was repealed by the 21st Amendment in 1933.
c. Federal Deposit Insurance …show more content…
Workers and farmers supported FDR because the New Deal programs and personal leadership. Businesses didn’t’ like FDR for his regulating programs and the position he assures.
6. The victory of Roosevelt revealed that the Democratic Party could count on coalition consisting of sold south, white ethnicities in the city, farmers, and labor unions.
7. Liberal Critics- criticized the 1st New Deal for paying more attention to businesses than the unemployed/poor. Failed to solve ethnic problems, women’s rights, and helping the elderly
Conservative Critics- The New Deal gave Fed. Gov. too much power. The WPA and Wager Act bordered socialism and communism. Business leaders were afraid of increasing regulations in the Second New Deal.
Father Coughlin- he founded the National Union for Social Justice that issued inflated currency and nationalized the banks. The attackers were anti-Semitic and fascist.
Francis Townsend- he wanted 2% of federal sales tax to create special funds for people over 60 yrs. old. This simulates the economy and end depression.
Huey Long- “share our wealth” he calls for minimum $5000 annual income for each family, payed by taxes of the …show more content…
Unions during this time grew and there were rival unions. The American Federation of Labor were mainly white workers. They also wanted to extend membership to women, other races, and the unskilled to join them. There were a lot of strikes that led to violence but they advocated prohibition of child labor and better minimum wage and hours.
10. The Great Depression affected:
a. Women-had unemployed parents and they struggled to care for their kids. The New Deal allowed low pay for them
b. Dust Bowl Farmers- poor farming practices and high winds destroyed soil. Many Okies migrated to California to work
c. African Americans- higher unemployment rates than average and was excluded from state and local relief programs. They also suffered lynching in the South and FDR supported little of their civil rights.
d. Native Americans- The Dawes Act of 1974 was replaced by the Indian Reorganization Act that returned lands to Indian tribes and supported the preservation of Indian culture.
e. Mexican Americans- there was a high unemployment and drought in the Midwest that caused a dramatic growth in migrant workers. New Deal Programs and competition for jobs forced thousands of Mexicans to return to