New Deal Flashcards
The First Hundred Days
Congress passes every law that Roosevelt proposes
pass more legislation than any single Congress in American history
Bank Holiday
Roosevelt restores confidence in the banks by having them close for a day
this gives the government time to reorganize functioning banks
Agricultural Adjustment Act
encouraged farmers to reduce production, which would then boost prices
offered to pay government subsidies for every acre they plowed under
was later called unconstitutional
Wagner Labor Relations Act
replaced the National Industrial Recovery Act
guaranteed a worker’s right to join a union and a union’s right to bargain
it also outlawed unfair labor practices
created the National Labor Relations Board
National Industrial Recovery Act
NRA helped each industry set codes for wages, hours of work, and levels of production, and prices
successful for 2 years before declared unconsitutional
Tennessee Valley Authority
new agency provided for the development of rural areas hit hard by the depression
especially worked to bring electricity
CIO
a faction within the AFL that broke away because they wanted to include all genders, races, and skill levels
concentrated on organizing unskilled workers
led by John L. Lewis
AFL
primarily composed of white skilled workers
Fair Labor Standards Act
end of New Deal
established a minimum wage, maximum
work week, and child-labor restrictions
major victory for labor
Sit down strike at General Motors
workers sit down at the assembly line to protest their right to join unions
failing to gain federal support, the company was forced to give into the striker’s demands
John Maynard Keynes
stressed the importance of deficit spending for “pump priming”
got to spend money to make money
