Ch. 23.5 Flashcards
Who was a 67-year-old Cottonmill worker, that staunchly supported Franklin Delano Roosevelt and his new deal policies?
George Dobbin
FDR was extremely popular among who?
Working-class Americans
Who think Pres. Roosevelt’s policies made the federal government to large into powerful?
Conservatives
What does the federal deficit increase to in the fiscal year 1934?
$2.9 billion
As a result of the cutbacks in federal spending made in 1937-1938 the deficit dropped to what?
$100 million
After the federal spending cutback in 1937 – 1938 what did it rise to again next year?
$2.9 billion
The massive amount of spending by the federal government forgot it’s tanks ships airplanes and all the other equipment and supplies the country needed for World War II effort. During the war the deficit reached a high of about what in 1943?
$54.5 billion
What set standards for wages and hours banned child labor and ensure the rights of workers to organize and bargain collectively with employers?
Wagner Act
What under the Wagner act continues to act as a mediator in labor disputes between unions and employers?
National Labor Relations Board (NLRB)
What created in 1934 continues to monitor the stock market and enforce laws regarding the sale of stocks and bonds?
Securities and Exchange Commission (SEC)
What created by the Glass-Steagall act of 1933 shored up the banking system by reassuring individual depositors that their savings are protected against loss in the event of a bank failure?
Federal Deposit Insurance Corporation (FDIC)
Under the second agricultural adjustment act, passed in 1938, loans were made to farmers by the what?
Commodity Credit Corporation
What is a price intended to keep the farmers’ income study?
Parity price
Who planted trees, created hiking trails, and built fire lookout towers?
Civilian Conservation Corps
Who taught farmers how to conserve the soil through contour plowing, terracing, and crop rotation?
Soil Conservation Service