Depression and the New Deal: The USA, 1929-1941
GCSE History Revision Notes
By Dane O’ Neill
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Topic Key Words: Economic Depression; Hoover; Soup-Kitchens; Hoovervilles; Roosevelt; New Deal; Reform; Relief; Recovery; Hundred Days; Alphabet Agencies; American Farmers; Tennessee Valley Authority; National Recovery Administration (NRA); Public Works Administration; Federal Emergency Relief Administration (FERA); Social Security Act: World War Two; Lend-Lease 5
1.1 - The effects of the Wall Street Crash: The Collapse of Business and Industry 6
Immediate Consequences of the Crash 6
Unemployment and its effects 6
1.2 - The failures of Hoover’s government to deal with the Depression 7
Hoover: ‘A future bright with hope’ 7
Economic policies and failures 7
Hoover’s Unpopularity 8
1.3 - Hoover and the ‘Bonus Army Marches’, June 1932 8
The Election of Roosevelt (1932) 9
Roosevelt and the ‘New Deal’ 9
2.1 - The New Deal: Roosevelt reassures the American people 10
Roosevelt’s ‘Fireside Chats’ 10
Roosevelt’s Inaugural Speech, (1932): Reassurance and Hope 10
2.2 - Stabilising the American Economy: the first ‘Hundred Days’ 10
Banking and Finance 10
The Glass-Steagall Act (1933) 11
Federal Deposit Insurance Corporation (FDIC) 11
Roosevelt takes America off the ‘Gold Standard’ 11
The Beer Act (1933) 11
2.3 - The New Deal helping farmers, rural Americans, the unemployed, and reforming American businesses: the Alphabet Agencies 11
The Farming Relief Act, 193...
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