Notes from Friday Feb 27

On friday we watched a movie on the Great Depression and the New Deals. Here are some of the main highlights from it

-By 1932, one fourth of the nation was out of work
-During the 1920's the nations industrial production doubled
-October 29,1929 the stock markets crashed and that marked the beginning of the depression
-Hover refused relief for the poor and homeless

-1932, Roosevelt took office
-Passed 15 major acts in what was called his "first hundred days"
-Pushed for gov't regulation of th financial system
-Passed the NIRA, where the gov't could regulate prices, wages, and rates in every industry
-Paid farmers to limit their products
-Federal Emergency relief act gave cash and clothing to those in need
-Roosevelt refused to support anti-lynching act
-NIRA declared unconstitutional by Supreme court because it violated the commerce clause
-Criticism from Lousiana Senator Huey Long. Proposed to tax the rich so every family could have $5,000
Criticism from radio host Coughlin, attack "Franklin Double D Roosevelt" for aiding wall st.
-Revenue Act, increase tax on wealthy
-Wagnor Act, Companies had to bargain with Unions and workers could freely join unions