FDR's New Deal Flashcards
Glass Steagall Act
- established the FDIC
- provided federal insurance for individual bank accounts
- required banks to act cautiously with their customer’s money
Federal Securities Act
required all corporations to provide complete information on all stock offerings and made them liable for any misrepresentations
Civilian Conservation Corps (CCC)
put young men aged 18 to 25 to work, created jobs for almost 3 million men
National Recovery Act (NIRA)
provided money to create jobs in the construction of schools and other community buildings
deficit spending
spending more money than the government receives in revenue
Huey Long
- against the New Deal
- proposed a nationwide social program called Share-Our-Wealth
Agricultural Adjustment Act (AAA)
- raised crop prices by lowering production
- paid farmers to leave a certain amount of land unseeded
Dr. Francis Townsend
- believed FDR wasn’t helping the poor and elderly
- devised a pension plan that would provide monthly benefits to the aged
Social Conservation and Domestic Allotment Act
- replaced the AAA
- paid farmers for cutting production of certain crops and rewarded them for practicing good soil conservation methods
Resettlement Administration
- provided loans to small farmers to buy land
- replaced by the Farm Security Administration (FSA)
- FSA hired photographers to spread awareness
Works Progress Administration (WPA)
created as many jobs as possible as quickly as possible
National Youth Administration (NYA)
- created to provide education, jobs, counseling, and recreation for young people
- provided aid for students in exchange that they work part time in schools
Wagner Act
- prohibited unfair labor practices
- set up NLRB which settles disputes between employers and unions
Social Security Act
- insurance for retirees 65 or older and their spouses
- unemployment compensation system
- aid to families with children and the disabled
Frances Perkins
- first female cabinet member
- played a major role in creating the Social Security Program
Mary McLeod Bethune
- head of the Division of Negro Affairs of the NYA
- helped organize a “Black Cabinet” to advise the administration on racial issues
Marian Anderson
- was chosen by Eleanor Roosevelt to sing at an event
- when rejected, Roosevelt resigned from the organization
John Collier
- commissioner of Indian affairs
- helped create the Indian Reorganization Act of 1934
New Deal Coalition
alignment of diverse groups dedicated to supporting the Democratic Party
Congress of Industrial Organizations (CIO)
created to organize industrial unions (steel and automobile)
American Federation of Labor (AFL)
restricted to the craft union (carpenters and electricians)
Orson Welles
created one of the most renowned radio broadcasts of all time, “The War of the Worlds”
Grant Wood
- famous painter during the New Deal era
- painted American Gothic
Richard Wright
- African American writer
- wrote Native Son, about a young man trying to survive in a racist world
