Chapter 22 (FDR NEW DEAL) Flashcards
AAA
Agricultural Adjustment Act
protected farmers from price drops by providing subsides to reduce production, gave programs to teach methods of preventing soil erosion
CWA
Civil Works Administration
provided public works jobs at $15/week to four million workers
CCC
Civilian Conservation Corps
FDR’s favorite
Gave jobs to 250,000 young men, provided safer working conditions for boys, provided money for families
FERA
Federal Emergency Relief Act
distributed millions of $ to unemployed
FDIC
created federally insured bank deposits to prevent failures and reinstate trust in banks
NIRA
National Industrial Recovery Act
created NRA to enforce codes of fair competition, min. wages, and to permit collective bargaining
PWA
Public Works Administration
received $3.3 billion from congress for public works progress
TVA
Tennessee Valley Authority
Fed govt built a series of dams which provided electricity and prevented flooding
REA
2ND NEW DEAL
Rural Electrification Administration
brought electricity to farms
SEC
Securities and Exchange Commission
regulated stock market
Wagner Act
2ND NEW DEAL
allowed workers to join unions and outlawed union-busting tactics
WPA
2ND NEW DEAL
Works Progress Administration
employed 8.5 billion workers, including artists
Social Security Act
2ND NEW DEAL
response to critics (Townsend and Huey Long) provided pensions, unemployment insurance, and aid to the blind, deaf, disabled, elderly, and dependent children
“brain trust”
people FDR employed to consult, experts in their field
first new deal
first 100 days of presidency, 15 bills
Goal: relief, recovery, reform