3/23 Flashcards
Other reforms from the New Deal?
I home owners loan corporation
Farm credit administration
Name the act that reformed the financial aid industry and created the Securities Exchange Commission
Glass-Steagall act
What is the FDIC?
Federal deposit insurance corporation
What does the FDIC do?
Guarantees bank deposits
What is the SEC?
Securities & Exchange Commission
What does the SEC do?
Regulates trading practices in stocks & bonds
What subsided farmers not to plant crops?
Agriculture Adjustment Administration
What happened to the gross income rate by 1935?
Decreased by half
What did the conservatives claim?
That the New Deal had expanded government activity and increased regulation weakened the autonomy of American business
Who claimed that the New Deal had not reached the poor including racial minorities
Left or liberals
What increased with the critics?
Strikes
What did the Wagner act do?
Guaranteed workers the right to organize Union and banned employees from using unfair labor practices
What act provided unemployment compensation, old-age pensions, and aid for dependent mothers
S.S act
What did the Banking act of 1935 do?
increased the authority of the Federal Reserve Board
What focused on the land reforms & help from farmers, many suffering from the Dust Bowl
The Resettlement Administration
