The EBA was one of the first of the alphabet agencies. Restored confidence in the US banks, Within three days, 5,000 banks had been given permission to be re-opened. Restored capitalism.
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[F] Employment
y the spring of 1937, production, profits, and wages had regained their 1929 levels. Unemployment remained high, Unemployment increased 7,500,000 in 8 months.
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[S] Government Work
The TVA, PWA and CCC improved work for young men under the Government.
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[S] Restoration of Confidence
One of the biggest problems of the GD was that the American public had no hope. However, due to Roosevelt's policies, agencies and fireside chats, he restored confidence in it's people.
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[F] Opposition
Supreme Court Opposition: FDR accused of packing court, usurping Judges power, acting unconstitutionally. Opposition movements eg: Father Coughlin, Huey Long
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[S] Rebuild
A lot of valuable work was carried out by the in building schools, roads and hospitals. The TVA and PWA were the forerunners for this.
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[F] Temporary Jobs
This is what lead up to the Roosevelt Recession.
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Other cards in this set
Card 2
Front
[F] Employment
Back
y the spring of 1937, production, profits, and wages had regained their 1929 levels. Unemployment remained high, Unemployment increased 7,500,000 in 8 months.
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