Thursday, May 28, 2015

Thursday 28th May 2015

Hi!

Today in the class of Social Sciences Rodrigo and Lucía have asked Paqui if she had corrected the make up exam of the art project, because they had failed it.
Paqui didn't have them but she was going to correct them in the class.

After that, Paqui has given us a short scheme to complete it. It was based on "the Reactions to the Great Depression". Due to this depression, there were two different policies during the two different administrations: Hoover and Roosevelt administrations.
  • Hoover administration (1929-1933).
-At the beginning Hoover didn't do anything because the liberal economic theory said that the government didn't have to intervene in economy.
- Later they tried to keep salaries and prices low (deflationist policy) and they increased tariffs to protect their industry (protectionist policy).
- Results: crisis became worse, because consumption couldn't recover, there were 13 million unemployed (25% of the working population) in 1932 in the USA and international trade contracted.
  • Roosevelt administration (1933-1945)
-New Deal program, based on Keynes ideas: intervention of the State in economy, investment of money to create jobs, recover prices and stimulate consumption.
- Main decisions of the Three R Program (Reform, Recovery and Relief)
-relief to farmers and workers: farmers were paid to destroy stocks, distribution of food to the needy families, construction of public works (dams, roads).

Afterwards, Paqui has said that tomorrow we will start with Fascist Italy, so we have to read out this page on the book.
Then we have copied some words on the glossary like:
-working population: población activa
-to deepen: profundizar
-New Deal: nuevo reparto
-Relief: alivio, consuelo, ayuda
-To relief: aliviar, consolar

Bye!

1 comment:

Paqui Pérez Fons said...

Hello,

Here you have my corrections. You could have written more of the decisions included in the New Deal:

Today in the class of Social Sciences Rodrigo and Lucía have asked Paqui if she had corrected the make-up exam of the art project, because they had failed it.

Paqui didn't have them but she was going to correct them in the class.
After that, Paqui has given us a short scheme to complete it. It was based on "the Reactions to the Great Depression". Due to this depression, there were two different policies during the two different administrations: Hoover and Roosevelt administrations.

Hoover administration (1929-1933).

-At the beginning Hoover didn't do anything because the liberal economic theory said that the government didn't have to intervene in economy.

- Later they tried to keep salaries and prices low (deflationist policy) and they increased tariffs to protect their industry (protectionist policy.

- Results: crisis became worse, because consumption couldn't recover, there were 13 million unemployed (25% of the working population) in 1932 in the USA and international trade contracted.

Roosevelt administration (1933-1945)
-New Deal program, based on Keynes ideas: intervention of the State in economy, investment of money to create jobs, recover prices and stimulate consumption.

- Main decisions of the Three R Program (Reform, Recovery and Relief)
-relief to farmers and workers: farmers were paid to destroy stocks, distribution of food to the needy families, construction of public works (dams, roads).

Afterwards, Paqui has said that tomorrow we will start with Fascist Italy, so we have to read out this page on the book.

Then we have copied some words on the glossary like:

-working population: población activa
-to deepen: profundizar
-New Deal: nuevo reparto
-Relief: alivio, consuelo, ayuda
-To relief: aliviar, consolar

Bye!