Chapter 23.2 Great Depression and New Deal

Question 1

“Brain Trust”

Answer 1

Group of academic expert advisors that guided New Deal policy

Question 2

Emergency Banking Act

Answer 2

Instituted tighter Federal regulations of banks
Roosevelt responded to the collapsing bank system by declaring a bank holiday and pushing through with this act

Question 3

Glass-Steagall Banking Act

Answer 3

Instituted a federal deposit insurance system through Federal Deposit Insurance Corportation (FDIC) and Prohibited mixing of commerical and investment banking

Question 4

Fireside Chats

Answer 4

Measures of Emergency Banking Act and Glass-Steagall Banking Act annourced, explained New Deal legislation to increase confidence in government and support from Americans
- became hallmark of Presidency for Roosevelt

Question 5

Civillian Conservation Corps (CCC)

Answer 5

Employed young Americans men in conservation work and reforestation projects

Question 6

Works Progress Administration (WPA)

Answer 6

Put unemployed men and women to work on projects designed and proposed by local governments

Question 7

Tennessee Valley Authority

Answer 7

Built hydroelectric dams on Tennessee River to economically develop a chronically depressed region

Question 8

Fair Labor Standards Act (FLSA)

Answer 8

Created first national minimum wage
-disproportionately affected low-paid southern workers and brought southern wages within reach of northern wages

Question 9

National Labor Relations Act/Wagner Act

Answer 9

• ensured a right for union formation, had a disproportionate impact in South
• unionized workers fighting for higher wages, shorter hours, and better working conditions
  Congress of Industrial Organizations was a result of this

Question 10

Huey Long

Answer 10

Criticized New Deal as too limited and proposed a national minimum income funded by gov’t ownership of industry. (Share Our Wealth = confiscating assets of wealthy and distributing it to less well-off)