Part 3 Flashcards

1
Q

What was inspired by Teddy Roosevelt?

A

The First Group New Nationalism

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2
Q

What was the Third Group, and who supported it?

A

Wilson and New Freedom

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3
Q

What did they want Roosevelt to do?

A

Break up big companies and allow competition to set wages, prices, and production levels.

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4
Q

Within a week of his taking office what act was passed?

A

Emergency Banking Relief Act

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5
Q

The new law required federal examiners to ?

A

Survey the nation’s banks and issue Treasury Department licenses to those that were financially sound.

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6
Q

What did the second group do?

A

distrusted big business and felt business caused the Depression and wanted government planners to rub key parts of the economy

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7
Q

What did Roosevelt addressed the nation on March 12 by radio known as ?

A

“fireside chats”

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8
Q

FDR supported what acts?

A

Securities Act of 1933 and the Glass-Steagall Banking Act

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9
Q

Required companies that sold stocks and bonds to provide complete and truthful information to investors?

A

Securities Act of 1933

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10
Q

Was created to regulate the stock market and stop fraud?

A

Securities and Exchange Commision (SEC)

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11
Q

Seperated commercial banking from investment banking?

A

Glass-Steagall Act

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12
Q

What did the Glass-Steagall Act also created the?

A

Federal Deposit Insurance Corporation (FDIC)

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13
Q

Provides government insurance for bank deposits?

A

FDIC

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14
Q

bought mortgages of home owners who were behind in their payments?

A

Home Owners’ Loan Corporation

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15
Q

Helped farmers refinance their mortgages?

A

Farm Credit Administration(FCA)

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