Ch 23 Flashcards
This man was the 32nd president
Franklin Delano Roosevelt, D, 1933-1945
What experience did FDR have?
2 terms as governor of NY
This was FDR’s team of advisors
Brain trust
This was the program designed to end the depression
New Deal
What were the 3 goals of the new deal?
Provide relief for the needy, economic recovery, and financial reform
What was the bank holiday?
Closing the banks from march 5-12 for inspection
This act made the FDIC
Glass-steagall act
This insured bank accounts up to $5000 when it was created
Federal deposit insurance corporation
This provided companies to provide info on all stock offerings
Federal securities act
This regulated the stock market
Securities and exchange commission
What did the 21st amendment do?
Repeal prohibition with money through taxation
This sought to raise crop prices by lowering crop production
Agricultural adjustment act
How did the AAA get going?
Providing money to destroy crops and livestock
What did the Tennessee Vally Authority do?
Renovate dams, construct 20 new dams, create jobs, provide flood control and hydroelectric power
This organization put young men to work building roads and parks and planting trees
CCC
This provided money to construct schools and community buildings
National industrial recovery act
This set price in products and cods of fair competition. It was made by NIRA
NRA
This provided $500 mil of direct relief in grants and work relief programs
Federal emergency relief administration
This is spending more than the government receives in revenue
Deficit spending
How did conservatives feel about the new deal?
They thought it provided too much direct relief and it sought to control business and socialize the economy
What did the Supreme Court do with the new deal?
They found NIRA unconstitutional and the AAA more of a states right thing
This man was a democratic senator from Louisiana who was a critic of the new deal and later assassinated
Huey Long
What was FDR’s second burst if activity?
2nd new deal/2nd first hundred day
This woman was the First Lady/social reformer
Eleanor Roosevelt