Chapter 24 Flashcards
- New Deal
Franklin D. Roosevelt’s attempted to try and get the United States out of the Great Depression included social security and interface projects
- Bank Holiday
a four day period enacted by FDR that closed banks in order to try and help get people to deposit in good bank included creating the FDIC
- Fireside Chats
FDR would get on the radio to give informal chats to tell the nation about his new plans about how to get the Us out of the depression
- Repeal of Prohibition
created to try and bring money into the US by placing taxes on previously illegal alcohol
- Agricultural Adjustment Act
controlled the supplies and demands of farmers to supply a decent purchasing power in corn wheat cotton rice peanut milk
- Rural Electrification
the process of bringing electrical power to rural areas
- National Recovery Agency
part of FDR’s NEw deal and involved granting loans to homeowners
- Public Works Adminstration
3.3 million dollar budget to strengthen nation’s infrastructure of roads, bridges, sewage systems, hospitals, airports, schools
- Tennessee Valley Authority
a group that created dams all over the Tennessee valley
- Glass Steagall Act
Part of Hoover’s recovery program; intended to help American banks meet the demands of European depositors who wanted to convert dollars to gold
- Securities and Exchange Commision
responsible for overseeing the regulation of securities industry
- Federal Emergency Relief Administration
This organization’s purpose was initially to distribute 500 million dollars in federal funds to state agencies. These funds were grants and not loans
- Civil Works Administration
established by the New Deal during the Great Depression to rapidly create manual labor jobs for millions of unemployed workers.
- Civilian Conservation CORPs
1933 employed about 3 million men (between 18-25) to work on projects that benefited the public, planting trees to reforest areas, building levees for flood control, and improving national parks,
- Second New Deal
characterizes the second stage of the New Deal