American history - The Great Depression And The New Deal Flashcards
What was the promise made by Franklin Delano Roosevelt when accepting the Democratic nomination in 1932?
A ‘NEW DEAL’ for the American people
What are the three main focuses of FDR’s New Deal?
- Relief
- Recovery
- Reform
What was the purpose of FDR’s ‘Brain Trust’?
To gather economic advisors for policy development
What are the federal programs created as part of the New Deal commonly referred to as?
Alphabet Agencies
What was the primary function of the Civilian Conservation Corps (CCC)?
To provide jobs for young men in conservation projects
What type of jobs did the Civil Works Administration (CWA) provide?
Construction jobs for schools, roads, and sewers
What was the purpose of the Federal Deposit Insurance Corporation (FDIC)?
To insure bank customers against the loss of deposits
What was the primary function of the Federal Emergency Relief Administration (FERA)?
To support households and fund work projects for the unemployed
True or False: The CCC provided jobs for 2.5 million young men during its ten years.
True
Fill in the blank: FDR used _______ to explain his initiatives to the American public.
Fireside Chats
What type of communication method did FDR utilize to connect with the public?
Radio
What was one of the significant impacts of the Civil Works Administration on displaced individuals?
Provided steady employment, boosting morale and self-esteem
What was FDR’s approach to trying new programs during the New Deal?
To take a method and try it; if it fails, try another
What did the Glass-Steagall Banking Reform Act of 1933 establish?
The Federal Deposit Insurance Corporation (FDIC)
What was a key feature of FDR’s leadership style during the New Deal?
Similar to Teddy Roosevelt in communication and collaboration
What did FDR implement to help banks recover during the Great Depression?
A bank holiday
Black Tuesday
When the stark market crashed and triggered the Great Depression
The Banking Panic
After the stock market crashed, people raced to the banks to withdraw their money. Banks began to fail and people lost all of their money.
The Dust Bowl
After a drought, high winds began sweeping catastrophic amounts of dust across farmlands, destroying them along with farmer’s homes and business.
The Bonus Army
WWI veterans demanding the bonus that was promised to them for serving in the war
Glass-Steagal Act
Describes four provisions of the United States Banking Act of 1933 separating commercial and investment banking. This helped prevent depositors from losing their money.
Relief
Providing Americans with immediate assistance to help them with the basic necessities of life
Recovery
Programs and policies with the goal of alleviating bad economic conditions and promoting growth
Reform
Programs and policies that have a goal of correcting laws and problems in order to prevent future economic depressions
Tennessee Valley Authority (TVA)
A project for the construction of dams throughout the Tennessee river that would prevent flooding, increase agricultural production, and revitalize the region. TVA also gave people jobs, homes, and other services.
Federal Housing Administration (FHA)
Intended to help stimulate the building industry by providing small loans for home construction
Securities Exchange Commission (SEC)
Prevents stark market fraud in order to avoid another crash
Social Security Administration (SSA)
Issues a national pension fund for retired people and an unemployment insurance system.
Works Progress Administration (WPA)
It employed over 8 millions people to build things like highways, schools, bridges, parks, etc.
