new deal Flashcards
assistant secretary of the Navy under Wilson, and eventually became president
FDR
what disease did FDR contract?
Polio
FDR’s policies for ending the great depression became known as
the new deal
the act of closing remaining banks before bank runs could run them out of business
bank holidays
FDR’s first group was inspired by Teddy Roosevelt’s ___
“New Nationalism”
a third group supported Wilson’s ___
“New Freedom” policy
required federal examiners to survey the nation’s banks and issue treasury department licenses to those who were financially sound
Emergency Banking Relief Act
FDR’s talks
fireside chats
required companies that sold stocks to provide truthful inforation to investors
Securities Act of 1933
separated commercial banking from investment banking
Glass-Steagall banking Act
handle everyday transactions and could no longer risk depositors’ money through speculation
commercial banks
provides government insurance for bank deposits
Federal Deposit Insurance Corporation (FDIC)
bought the mortgages of homeowners who were behind in their payments
Homeowner’s Loan Corporation
helped farmers refinance their mortgages
Farm Credit Administration
paid farmers not to raise certain livestock
Agricultural Adjustment Act
built dams to control floods, etc.
Tennessee Valley Authority (TVA)
suspended antitrust laws; was later deemed unconstitutional
National Recovery Act (NRA)
offered unemployed young men between 18-25 opportunities to work
Civilian COnservation Corps (CCC)
these men earned $30 a month, $25 of which was sent to their families
CCC again
gave money to state and local agencies
FERA
head of FERA
Harry Hopkins
built highways, etc. and wouldnt let people discriminate against African Americans
Public Works Administration (PWA )
built or improved thousands of airports, etc.
Civil Works Administration (CWA)
governor of Louisiana who championed the poor
Huey Long
government practice of spending borrowed money
Deficit Spending
gave loans to tenants to purchase farms
Farm Security Administration
abolished child labor
Fair Labor Standards Act
government works out conflicts among competing groups
broker state
safeguards x relief programs, that protect people against econ. disaster
safety nets
critics argued that the the new deal made the ____ too powerful
government
democrats feared the ___ would become a third part
National Union for Social Justice
proposed that the fed. gove. pay citizens $200 a month
Francis Townsend
largest public works program of the great. dep.
Works Progress Administration
most controversial
federal number 1
unionize and bargain collectively
wagner act
neautral partty hears both sides
binding arbitration
