History test 1 Flashcards
Major Changes in WWII Era
Big Labor/Big Business/Big Government
Economics
Franklin D. Roosevelt F
1933–1945
““Only thing we have to fear is fear itself”
3 major challenges:
Revive economy
Relieve human misery
Rescue farm sector
Hundred Days
Congress received &
enacted 15 major proposals
National Labor Relations Act National Labor Relations
to protect the rights of employees and employers, to encourage collective bargaining, and to curtail certain private sector labor and management practices, which can harm the general welfare of workers, businesses and the U.S. economy.
r Board War Labor Board (1942)
Set guidelines for wages, hours & collective Set guidelines for wages, hours & collective bargaining bargaining
Political Action Committee
a political committee organized for the purpose of raising and spending money to elect and defeat candidates.
Congress of Industrial Organizations (CIO)
a federation of affiliated industrial labor unions, founded 1935 within the American Federation of Labor but independent of it 1938–55.
New Deal
the legislative and administrative program of President F. D. Roosevelt designed to promote economic recovery and social reform
Federal Deposit Insurance Corporation (FDIC)
A federal agency that insures deposits in the savings accounts of qualifying banks.
Federal Emergency Relief Administration (FERA)
the first of his major relief operations, provided state assistance for the unemployed and their families.
Civilian Conservation corps
organized to utilize the nation’s unemployed youth by building roads, planting trees, improving parks, etc.
Works Progress Administration
the largest and most ambitious American New Deal agency, employing millions of unemployed people (mostly unskilled men) to carry out public works projects, including the construction of public buildings and roads.
social security
A law enacted by President Franklin D. Roosevelt in 1935 to create a system of transfer payments in which younger, working people support older, retired people.
Revenue Acts
– modern income tax system
Anyone earning $600 or more to file tax return
Office of Price Administration
fix prices, ration goods
Selective Service Act
The act gives the U.S. president the power to draft soldiers. The act required all men in the U.S. between the ages of 21 and 30 to register for military service.