HIST 2057 Chapter : Chapter 27 New Deal America
Document Summary
Fdr elected in 1932 in the third year of the depression; global suffering led to fascism, communism, and in europe & asia, totalitarianism. He and congress immediately took measures to 1) revive the economy (2) relieve widespread human misery & (3) rescue the farm sector & its families. The economy act granted the executive branch the power to cut. Desperately pulling money out of circulation worsened the depression; the. Emergency banking relief act permitted banks to reopen and appointed managers for the banks that remained in trouble. On march 12, fdr aired his first fireside chat and encouraged people to government workers" salaries, reduce payments to war vets with non- March 9-june 16 (called hundred days ) congress endorsed 15 legislative service-related disabilities, and reorganize fed. agencies to reduce expenses. The 21st amendment ended prohibition; the beer-wine revenue act did proposals that transformed the role of the fed. govt. socially & economically.
