1. What events in Roosevelt's life shaped his ideas and characters?
A: Roosevelt's marrying his wife (Eleanor Roosevelt), winning a seat in the New York State Senate, becoming assistant secretary of the navy, suffering from polio, and being elected as the governor of New York were the life events that shaped his ideas and character.
2. How did the government restore confidence in the banking system?
A: In order to restore confidence in the baking system, the government pushed for new regulations for both banks and the stock market. Roosevelt agreed with their ideas and threw his support behind the Securities Act of 1933 and the Glass-Steagall Banking Act. The Securities Act required companies that sold stocks and bonds to provide complete and truthful information to investors. The following year Congress created an independent agency, the Securities and Exchange Commission (SEC), to regulate the stock Mark and prevent fraud. The Glass-Steagall Act separated commercial banking from investment banking. Commercial banks handle everyday transactions. They take deposits, pay interest, cash checks, and loan money for mortgages and other business activities. Under the Glass-Steagall Act, these banks were no longer permitted to risk depositors' money by using it to speculate on the stock market. To further protect depositors, the Glass-Steaga Act also created the Federal Deposit Insurance Corporation (FDIC) to provide government insurance for banks deposits up to a certain amount. By protecting depositors in this way, the FDIC greatly increased public confidence in the banking system.
3. What New Deal programs helped farmers and homeowners?
A: The Farm Credit Administration (FCA) and the Home Owners' Loan Corporation (HOLC) helped farmers and homeowners.
4. What three New Deal programs provided work relief to the unemployed?
A: The Civilian Conservation Corps (CCC), the Civil Works Administration (CWA), and the Public Works Administration (PWA) provided work relief to the unemployed.
5. How did the Supreme Court's ruling affect the New Deal?
A: The Supreme Court's ruling affected the New Deal because it considered the the codes of the National Industrial Recovery Act (NIRA) unconstitutional. The ruling threatened to strike down the rest of the New Deal as well.
6. How did the Social Security Act protect workers?
A: The Social Security Act protected workers by giving them the right to receive benefits, such as the monthly retirement benefit and unemployment insurance, because they paid premiums.
7. What were the provisions of the Agricultural Adjustment Act and the National Industrial Recovery Act?
A: The National Industrial Recovery Act (NIRA) suspended the antitrust laws and allowed business, labor, and government to cooperate in setting up voluntary tiles for each industry. These rules were known as codes of fair competition. Some codes set prices, established minimum wages, and limited factories to two shifts per day so production could spread to as many firms as possible. Other codes shortened workers' hours with the goal of creating additional jobs. Another provision in the law guaranteed workers the right to form unions. The Agricultural Adjustment Act (AAA), on the other hand, increased food prices and farm income by reducing the supply of basic crops.
Please, help me!
4. Also there was the WPA, Works Progress Administration.
The rest looks good.
To answer this question and understand the provisions of the Agricultural Adjustment Act and the National Industrial Recovery Act, it is important to study the historical context and the specific details of these acts.
1. Start by researching the background of these acts. Look for information on when they were enacted, the circumstances surrounding their implementation, and the goals they aimed to achieve.
2. Find reliable sources, such as books, scholarly articles, or reputable websites, that provide detailed explanations of the provisions of the Agricultural Adjustment Act (AAA) and the National Industrial Recovery Act (NIRA). These sources will outline the specific measures taken by these acts and how they were intended to benefit farmers and industrial workers respectively.
3. For the Agricultural Adjustment Act (AAA), research its aims of increasing food prices and farm income by reducing the supply of basic crops. Look for information on how this was achieved, such as through programs that paid farmers to reduce production or destroy crops.
4. For the National Industrial Recovery Act (NIRA), focus on its suspension of antitrust laws and the creation of codes of fair competition. These codes aimed to regulate industry and promote fair practices. Look for information on specific provisions within the codes, such as price regulations, minimum wages, restrictions on working hours, and guarantees of workers' rights to form unions.
5. Take notes on the key provisions and their intended impact. Look for supporting evidence, such as examples of how these acts were implemented and their resulting effects on farmers and industrial workers.
By following these steps, you will be able to understand the provisions of the Agricultural Adjustment Act and the National Industrial Recovery Act and explain how they aimed to benefit farmers and industrial workers during the New Deal era.