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31 Cards in this Set
- Front
- Back
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Claim that economic concentration is irreversible
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Columbia Advisors
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Monopoly control of government
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Columbia Advisors
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Organize public planning
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Columbia Advisors
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Brandeis & Frankfurter were a part of this
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Columbia Advisors
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Distrust planning, claiming that it can't be maintained, so they encourage competition
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Brandeis & Frankfurter
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Period of Roosevelt's administration in which nobody hires except the government
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100 Days
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Banks are given time to convert assets to cash and to salvage what is left of them.
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Bank Holiday
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-Remove land from cultivation
-Control production -Maintain prices for farmers -Government storage & purchase of goods |
Agricultural Adjustment Act
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Purchasing power for farmers
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Parity
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Problem in industrial planning
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Reduced Purchasing Power
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In order for the profit margin to be maintained by businesses, there must be this
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Layoffs & Wage Cuts
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Runs Public Works Administration
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Harold Ickes
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Declared that people would be given money to work
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Public Works Administration
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National Recovery Act (person)
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General Johnson
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-Must cut wages & jobs
-Codes blanket everything -Maximum hours & minimum wage |
National Recovery Act
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Person gets a Blue Eagle plaque for being a part of this
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National Recovery Act
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Shut down for being unconstitutional
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National Recovery Act
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Legislation hasn't been equal since this
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100 Days
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Main firewall against another market collapse that limits insider trading & speculation
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Glass-Steagal Act
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Investment banks vs. firms
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Glass-Steagal Act
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Investigates fraud cases & insider trading cases
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Securities Exchange Commission
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Insures deposits, saves & reforms capitalism
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FDIC
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Federal Emergency Relief Act (person)
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Harry Hopkins
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Work relief component
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Federal Emergency Relief Act
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Replants forests
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CCC
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People living here were in poverty & religion is collapsing
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Tennessee River Valley
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-Unions gain power
-Unfair labor practices & firing of union people are outlawed -Guaranteed collective bargain |
Wagner Labor Relations Act, Article 7A
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Graduated income tax with brackets that discriminated in favor of small business & getting more competition
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Tax Law 1935
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Created the program Share our Wealth & was executed
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Huey Long
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Based on Social Justice, heavy taxation & redistribution. Also taps into the discontent of lower middle class
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Share Our Wealth
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Says that everyone over 62 gets $200/mo. pension that must be spent
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Dr. Francis Townshend
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