History of the Americas Questions

This shows the economic effects of the great depression and shows how the New Deal was able to bring hte economy back as seen by the increase in GNP in the end

It would get in the way of bringing back adequate prices, and decreases the stability of the economy too

Risky transactions that banks made and commercial banking being too closely tied to investment banking. He solved the first problem by giving the government the power to stop these bank transactions and solved the second one by forming a barrier between commercial and investment banking.

Codes were unclear and the officials didn't have experience in running something like that. Large firs also tried to make the costs more favorable for their businesses. Additionally, prices were raised to the point where the economy couldn't support it

Many jobs were lost, economic conditions went back like what they used to be during the depression, a rescission called the Roosevelt recession occurred.

It improved the movement of water, prevented flooding, and gave electricity to those who didn't have it

FDR became the first Democrat in a while to win. We gained lots of seats in the house of reps and senate

It wanted business establishments to get a blanket code which set minimum and maximum wages and abolished child labor

Rosevelt won and that showed that people don;t mind giving up some of their riches to the people since he taxed the rich heavily

It didn't address underlying problems with the economy and only helped finance projects that were self sufficient. it was also not enough money to make a difference.

Producers on the 7 basic commodities can decide how much they produce. IT also paid farmers for leaving some of their land empty because they didn't want overproduction. Helped prices rise and farm income rise but favored large farms

WWI veterans were promised money in the beginning of 1945 but they wanted it early. They camped outside government property and hoover made police clear them. Some verterans fought back. Hoover was seen as unsympathetic after this.

Because GNP increased and the economy seemed to be improving. Roosevelt wanted to use this to balance the federal budget. So, he cut off funding to decrease spending because according to experts, inflation was an issue, depression wasn't.

The unemployment rate among white sharecroppers remained fairly steady but among black sharecroppers, the unemployment rate increased yearly

It restored hope but in the end Congress was opposed to new programs so it was hard for Roosevelt to launch them and there was a lingering threat of world crisis. So economically it wasn't very successful

It replaced the AAA after the supreme court struck it down thinking the government doesn't have the power to limit farmer's production. So, this act allowed government to give money to farmers to reduce production and accomplish other things.

Voluntary cooperation. He wanted to gain public trust in the economy again. He wanted businesses to stop laying off workers and continue producing. He wanted people to fight for more money and a better working schedule

Families prosperity seemed uncertain. They had to become producers instead of consumers by taking matters into their own hands. Males broke away from their families because they felt humiliated being unemployed. Marriages and births decreased

People saw unemployment and poverty as signs that people weren't working hard enough. However, the reality is that people were working hard but there just weren't enough jobs

Farmers borrowed from banks to pay for expensive farming tech. They couldn't sell their surplus and relied on the loans, which farmers couldn't pay back since people couldn't afford it.