FDR New Deal Flashcards
AAA
Agricultural Adjustment Act
- taxed food processors and have money to farmers to stop harvesting crops
- decreased supply so price goes up
CWA
Civil Works Administration
- provided temporary jobs repairing roads and bridges
CCC
Civilian Conservation Corps
- gave temporary jobs to unmarried adults filling Sand bags and helping out with disaster situations. They lived in barracks
FERA
Federal Emergency Relief Act
- gave immediate help to those that needed it in forms of cash payments
NIRA
National Industrial Recovery Act
-a consortium of businesses organized by the government and given power to set rules and regulations fir the economy
WPA
Works Progress Administration
- provided long term government jobs building schools and other public works projects
TVA
Tennessee Valley Authority
-created to builds dams in Tennessee river valley. This provided more stable irrigation and cheap hydroelectric power
Glass Steagall Act
Made various banking regulations and created the FDIC
Passed an emergency measure to counter the failure of 5000 banks
Wagnor Act
Protect rights to join Union, collective bargaining but prohibits unfair labor practices
SSA
Social Security Administration
-permanent agency designed to ensure that the older segment of society always would have enough money to survive. The key here is that they would also be able to spend throughout their lives
Court packing plan
expand the Supreme Court to as many as 15 judges, allegedly to make it more efficient
SEC
Securities and Exchange Commission
- stock market agency to ensure that fraud and insider trading happens
How did FDR respond to his critics? What legislation was deemed unconstitutional? How did this hurt his reputation?
Huey Long
-said that new deal advocates the share of wealth program
-the Plan gaurunteed annual income of 5000 dollars. Ppl who make over 5 mil were taxed
Father Coughlin
- he said that there was an international bankers conspiracy and the Jews were responsible
-he advocated nationalization and a living wage
Francis Townsend
-embraced old age relief
-social security and pention
What were positives and negatives of the new deal. How did it hurt his reputation
Positives- TVA and CCC
Negatives-AAA and NIRA