13-4 to 13-6 Flashcards
Pump Priming
Economic theory that favored public works projects because they put money into the hands of consumers who would buy more goods and thus stimulate the economy.
Social Security Act of 1935
Provided old-age pension (retirement), and a program of unemployment insurance (temporary aid to help people who lose jobs to find a new job), and federal welfare program (aid for very poor). Most famous and important legacy of New Deal. This resulted (along with Medicare from the 1960’s) with drastic reduction in poverty among the elderly in the US.
Wagner Act (1935)
(National Labor Relations Act) gives workers the right to organize a union and bargain with management.
Fair Labor Standards Act (1938)
This act federally established minimum wage and overtime pay.
Congress of Industrial Organizations (CIO)
A labor organization composed of industrial unions founded in 1938, it merged with the AFL in 1955.
Court Packing
Attempt by Roosevelt to appoint one new Supreme Court justice for every sitting justice over the age of 70 who had been there for at least 10 years. Wanted to prevent justices from dismantling the new deal. Plan died in Congress and made opponents of New Deal angry.
Black Cabinet
Group of African Americans FDR appointed to key government positions; served as unofficial advisors to the president.
welfare state
A government that undertakes responsibility for the welfare of its citizens through programs in public health and public housing and pensions and unemployment compensation etc.