Ch 23 Test Flashcards
What was the u employment rate in 1933?
25%
Even people who had jobs sometimes faces what problems in regards to work?
They had reduced hours and lowered wages
What were makeshift towns for the homeless called?
Hoovervilles
What did Hoover want to do in respond to the Great Depression?
He wanted local governments charities and businesses to voluntarily help out
What was the reconstruction finance corporation? What did it do?
RFC funded critical business like banks and insurance companies and gave money to local governments for public works projects
What was the bonus army? Why did they go to Washington? What happened there?
WWI veterans who had been promised a bonus for fighting in the war. They went to Washington to ask for the bonus early. They were told no. Some were forcefully removed
What was the purpose of the emergency banking relief act?
It provided more careful government regulation of banks
What was FDR’s brain trust?
A group of advisors many of whom had been college professors
What were the three goals of the new deal?
Relief for the jobless
Economic recovery
Reforms to prevent future depressions
FERA
Federal emergency relief administration- refunds to states so they would reopen relief agencies
CCC
Civilian conservation corps- work in national parks and forests
Conservation and jobs for people
WPA
Works progress administration- public works
Jobs for people
NRA
National recovery administration
Kept prices stable
Minimum wage
No child labor
PWA
Public works administration
Improved the infrastructure of America
Have jobs
TVA
Tennessee valley authority
Built dams and provided hydroelectric power to rural areas
Gave jobs