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American History > Chapter 15 > Flashcards

Chapter 15 Flashcards

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1
Q

FDIC-federal deposit insurance corporation

A

Protected bank deposits up to $5,000, reassuring millions of bank customers that their money was safe

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2
Q

Securities and exchange commission

A

Supervised the stock market and eliminated dishonest practices

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3
Q

Federal securities act

A

Provided complete info on all stock and made companies liable for any misinterpretations

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4
Q

21st amendment

A

Had repealed the prohibition act all together

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5
Q

Agricultural adjustment act (AAA)

A

This raised crop prices by lowering production, it paid farmers to not plant in certain areas

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6
Q

Tennessee valley authority

A

Developed the resources of the Tennessee valley renovated dams, built new ones, created thousand of jobs, provided flood control and hydroelectric power

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7
Q

Civilian conservation corps (CCC)

A

Provided jobs, relief and cash to single males through conservation projects

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8
Q

PWA, public works administration

A

Created jobs on government projects

Helped unemployment

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9
Q

CWA, civil works administration

A

Provided work in federal jobs

Helped unemployment

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10
Q

FERA

A

Provide direct relief for the needy

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11
Q

WPA

A

Quickly created as many jobs as possible

Special efforts for women, minorities, and young people

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12
Q

NYA

A

Provided job training for unemployed young. Schools, and job training

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13
Q

Social security administration

A

Provided support for elderly, unemployed and disabled and dependent children

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14
Q

What two programs were later declared unconstitutional

A

NIRA, AAA

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15
Q

How did FDR react to the Supreme Court decision

A

Tried to get bill passed to reappoint more people for the court so he’d always be right- court packing

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16
Q

What was a group against new deal

A

American liberty league conservative opponent of new deal

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17
Q

What did American liberty league believe

A

Opposed new deal and believed the new deal measures violate respect for rights of individuals and property

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18
Q

Three toughest people and members of ALL

A

Charles coughlin, Dr. franciatownsend, Huey long

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19
Q

Charles coughlin

A

Favored animal income and nationalized banks, had the radio station against new deal.

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20
Q

Dr. F

A

Thought Roosevelt was not doing enough for poor and elderly

21
Q

Huey long

A

Wanted presidency for himself, proposed the share our wealth program

22
Q

Two types of people who opposed new deal

A

Thought it didn’t go far enough helping people

Felt it went too far and didn’t like how much the government was involved

23
Q

What was not a cause of the Great Depression

A

Growing number of homeless people

Tariffs on forgein goods WAS a cause

24
Q

What for farmers increased before the depression

A

Debt

25
Q

Why did the stock market crash

A

People panicked when stock prices fell and pulled out all of their stocks

26
Q

What is deficit

A

Created when you spend more than taking in

27
Q

What time span was new deal

A

1930’s

28
Q

What causes giant spike in deficit

A

World War Two

29
Q

What is the major reason for unemployment decrease

A

World War Two

30
Q

How did the new deal affect deficit and unemployment

A

Deficit stayed steady

Unemployment decreased but not as major as in WW2

31
Q

How did conservatives feel about new deal

A

FDR policies too large and powerful, government stifled free enterprises and individual initiative

32
Q

How did liberal critics feel about FDR

A

Felt he didn’t do enough to socialize economy and eliminate social and economic inequalities. Didn’t like governments involvement

33
Q

How did supporters for FDR feel

A

Felt he had a valence between unregulated capitalism and over regulated socialism and helped country recover from economic difficulties , created jobs

34
Q

Why was the new deal a turning point

A

In which us government assumed a greater responsibility for economic welfare of citizens

35
Q

How did the new deal expand power of the government

A

Infusing nations economy with millions of dollars, created federal jobs, attempts to regulate supply and demand; and increase in government participation in settling labor and management disputes

36
Q

New deal effects

A

Social security
Rural scene- get quotas on production of crops
Environment- planted trees, CCC, TVA

37
Q

Parity price

A

Price intended to help farmers income steady

38
Q

Speculation

A

Buying stocks and bonds on the chance of a quick profit while ignoring the risks

39
Q

Buying on margin

A

Paying a small percentage of a stocks price as a down payment and borrowing the rest

40
Q

Black Tuesday

A

Bottom fell out of the market and the nations confidence, shareholders frantically tried to sell stock before prices fell even lower

41
Q

Dust bowl

A

Drought, exhausted land through overproduction, grasslands unsuitable for farming, dust blown all over. Region hit hardest- Kansas, Oklahoma, Texas, New Mexico, Colorado

42
Q

Direct relief

A

Cash payments of food provided by the government to the poor

43
Q

Bonus army

A

Bonus to war time veterans wanted it immediately, ended up getting tear gassed

44
Q

Hooverville

A

Shanty town built in Central Park

45
Q

Credit

A

An arrangement in which consumers agreed to buy now and pay later for purchases

46
Q

Fireside chat

A

When FDR went on the radio and talked to the public for them to understand what was going on

47
Q

Long term effects of new deal programs

A

Social security
FDIC
SCC

48
Q

FDR first 100 days

A 
Bank reforms
Fireside chat
Glass seagull act
Federal securities act
Just bunch of first acts
49
Q

FDR second 100 days

A

Fix some of his programs
Farmers focus
Work

American History (28 decks)

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