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Exam 3 Review AMH 2020 University Of Central Florida Question and answers correctly solved

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Exam 3 Review AMH 2020 University Of Central Florida Question and answers correctly solved Exam 3 Review AMH 2020 What was FDR's 1st New Deal called and when was it created? - correct answer Dirty Dozen 1st New Deal Emergency Banking Relief Act of 1933 - correct answer Federal loan...

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  • October 20, 2024
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Exam 3 Review AMH 2020
What was FDR's 1st New Deal called and when was it created? - correct
answer ✔1933-1934
Dirty Dozen


1st New Deal
Emergency Banking Relief Act of 1933 - correct answer ✔Federal loans
available to private banks


1st New Deal
1933 Banking Act - correct answer ✔otherwise called 2nd Stegall Act
Did 2 things:
1. Seperated commercial banking from investment
2. FDIC-Federal depotsit insurance corp: ensure your deposits in a bank.


1st New Deal
Federal Emergency Relief Admin. - correct answer ✔Federal money to
states and localities so they can accept and apply for grants.


1st New Deal
Civil Works Admin. - correct answer ✔Federal Money for building
programs...later they got rid of the CWA because it being the same as the
PWA.


1st New Deal
Public Works Admin. - correct answer ✔Federal money for building
programs. Built schools, airports, post offices...

,1st New Deal
Agricultural Adjustment Act - correct answer ✔1. Limit supply of farm goods
2. Est. subsidized farming
Mr. Butler got angry that his tax money is being put into a big company and
not the farmers. Creates the US vs. Mr. Butler (1936). US agrees with him and
declares AAA unconstitutional.


1st New Deal
Civilian Conservation Corps - correct answer ✔Men 18-25 work in
conservation and receive $30 a month pay. $25 of this money has to go home
to mom and dad.


1st New Deal
National Industrial Recovery Act (7a) - correct answer ✔1. (7a) labor right to
collective bargaining. Unions recognized. If apart you get a blue eagle
placard.
2. Codes- corp made codes for small businesses who would work for you and
told you the prices that should be used.


Became unconstitutional b/c of Schechner Poultry corp vs. US


1st New Deal
Tennessee Valley Authority - correct answer ✔hydro electric plants


2nd New Deal
Works Progress Admin. - correct answer ✔Work on nontradional jobs. Put
artists to work, musicians, historians, and etc...

, 2nd New Deal
Wagner Act or NLRA - correct answer ✔National Labor Relations Act
labor has the right to collective bargaining
was taken to court by James and Laughlin Steele Company in 1937. Court
says "yes" act is constitutional.


2nd New Deal
Social Security Act of 1935 - correct answer ✔Compromise btwn FDR &
medical industry
FDR wanted healthcare and medical industry said no SSA was then created.
It provides benefits to elderly and disabled.


3rd New Deal
Fair Labor Standards Act 1938 - correct answer ✔"Hours and Wages Law"
1. Est. of minimum wage= 25 cents and hour...designed so that 2 years later
minimum wage will go up to 40 cents and hour.
2. Maximum work week: In 1938 = 44/hrs a week and in 1940 = 40/hrs a
week.
3. Child Labor Laws: Kids under 16 can't work on interstate product.


Isolationism vs Interventionism - correct answer ✔Many people between
1935-1937 say we are isolationists because of the neutrality acts after the
NYE report. FDR disagrees and says we are interventionists. He then gave a
quarantine speech (collective security) which said US has to join with other
democratic nations to prevent the spread of fascism.


1934 NYE report - correct answer ✔Gerald NYE
First time US sees data and believe we only went to war for 3 reasons but
now the general public sees that we really only went to war to protect our
investments. People demanded acts be created so this doesnt happen again.

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