Chapter 15 Section 1 - Guthrie Public Schools

Report
I.
Civil Works Programs created to
give unemployed people jobs
1932 – FDR beats Hoover handily
and Democrats gain majority in House
and Senate as well.
Roosevelt and his brain trust come
up with the “New Deal” to deal with the
problems of the depression
New Deal 1) Aide for the needy 2)
Economic Recovery 3) Financial Reform
Fed. Gov. role was expanded in
Economy
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- Closed all banks Government inspected, banks in
good shape could open. Banks not in good shape
had to stay closed
- This restored Americans faith in banking system.
- FDR talks on radio about New Deal and made
Americans feel as if FDR was talking directly to them.
- FDR explained that banks will invest your money
and only keep what is needed in currency
- He explained that when too many people want
savings in cash banks will fail and that this is not a
weakness of the banks, just how it works.
- Many people put their money back in banks.
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- Glass Steagall Act of 1933- Established FDIC
(Federal Deposit Insurance Corp.)
- FDIC- Gave banks federal insurance for
individual bank accounts up to $5000
- Federal Securities Act – Made businesses give
truthful information so investors could make
good decisions
- Prevented people from rigging stock market
for their own profit
- Passed 21st Amendment by end of 1933
repealing prohibition
- Government would tax alcohol
- Agricultural Adjustment ActGovernment payed farmers to leave
some land unseeded
 - Less crops would raise prices of the
crops helping farmers
 - People protested the destruction of
food when there were so many
Americans going hungry
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New Deal-Started works projects-gave people jobs
- Civilian Conservation Corp. (CCC) put 18 to 25
year old men to work building roads, developing
parks etc…
- Did not pay well, but gave free food, uniforms
and lodging in work camps
- $30 month, $25 sent home to family
- Public Works Administration (PWA)-Put people to
work building schools and other community buildings
- Civil Works Administration (Est. 1933) provided 4
million jobs between 1933 and 1934
- Built 40,000 schools and paid salaries of 50,000
school teachers in rural areas
- Built half a million miles of roads
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- Home Owners Loan Corporation (HOLC) –
Gov. gave people loans to help them pay for
their house.
- 1934 National Housing Act – Further aide
for people and their homes.
- Deficit Spending – Spending more than
you bring in.
- FDR knew Government was going to have
to do this
Chapter 15 Section 1 Quiz
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1.) What was created to give unemployed
people jobs?
a.) The New Deal
b.) The Great Compromise
c.) Social Security
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2.) Who beat Hoover in the 1932 Presidential
Election?
a.) Franklin D. Roosevelt
b.) Theodore Roosevelt
c.) John F. Kennedy
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3.) Name one thing the New Deal was going to
do?
a.) Give aide for the rich
b.) Give aide for the needy
c.) Increased taxes on exports to help American
businesses
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4.) Name one thing the New Deal was going to
do?
a.) Help with economic recovery
b.) Prevent World War II
c.) End World War 1
5.) Name one thing the New Deal was going to
do?
a.) Aide with Indian Removal
Give land to anyone moving west
c.) Financial Reform
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6.) What did FDR do to the banks?
a.) He re-opened all of them to restore faith of
American public
b.) He closed all banks and only allowed good
banks to re open
c.) He abolished the concept of banks and told
people to keep their own money
7.) What do banks do with your money when
you deposit it?
a.) They invest it
b.) They spend it to keep the economy strong
c.) They keep all of it in a safe at the back of the
bank
8.) How much money or currency do banks
keep?
a.) Enough to meet normal demands
b.) All money that has been deposited
c.) Usually none in the main office in case they
get robbed
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9.) What would happen if everybody tried to
withdraw their money from banks?
a.) The banks would flourish
b.) The banks would be able to invest your
money easier
c.) The banks would fail
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10.) What act created the FDIC?
a.) Bank Security Act
b.) Bank Deposit Act
c.) Glass Steagall Act
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Chapter 15 Section 1 Quiz con’t.
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11.) What did the FDIC do?
a.) It insured individual bank accounts through the
Federal Government
b.) It insured individual bank accounts by allowing the
rich to loan the poor money.
c.) It insured your investments in the stock market
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12.) What amendment ended the prohibition of alcohol?
a.) 18st
b.) 21st
c.) 19th
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13.) What did government give incentives to farmers for?
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a.) Planting more crops
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b.) Planting less crops
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c.) Continuing the same production of crops
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14.) What kind of incentives did the government give
farmers?
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a.) The Fed. Gov. gave farmers money for leaving parts
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of their land unseeded.
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b.) The Fed. Gov. gave farmers money for growing crops •
on all of their land
c.) The Fed. Gov. fined farmers for not growing crops on
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all of their land
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15.) Why did the public not like the idea of farmers not
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growing as much?
a.) People going hungry and they thought it did not make •
sense to destroy food when there were people that were
starving.
b.) Most people lived in big cities and did not feel as if
farming was important.
c.) They wanted to make sure farmers had plenty of food
16.) Name the government program that gave people
jobs building civic projects?
a.) New Projects Plan
b.) Square Deal
c.) New Deal
17.) Which program put 18 to 25 year olds to work
building roads?
a.) Civilian Conservation Corp.
b.) Road project plan
c.) Square Deal
18.) How did the New Deal projects pay?
a.) Good
b.) Bad
c.) It paid with good and services and not money
19.) How much did each person make?
a.) 30 dollars a month
b.) 30 dollars a year
c.) 3 dollars a month
20.) Which program built schools and community
buildings?
a.) Public Works Administration
b.) School Building Association
c.) Social Security Administration
Chapter 15 Section 1 Con’t.
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21.) What administration provided 4 million jobs between 1933 and 1934?
a.) Hoover administration
b.) Civil Works Administration
c.) Social Security Administration
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22.) How many salaries of school teachers were paid due to the Civil Works Administration?
a.) about 50,000
b.) about 5000
c.) None
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23.) How many miles of road were built due to the Civil Works Administration?
a.) ½ a million
b.) 2 million
c.) Roads were not part of the project
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24.) What corporation gave people loans to help with their mortgages?
a.) Home Owners Loan Corporation
b.) Mortgage Lending Corporation
c.) Chase Lending Corporation
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25.) What is it called when you spend more than you bring in?
a.) Deficit spending
b.) Cautionary spending
c.) Budget Spending

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