Relief, Recovery, and Reform Flashcards
What was the TVA?
Tennessee Valley Authority. Standard of living in Tennessee, provide navigation, flood control, electricity generation, fertilizer manufacturing, and economic development in the Tennessee Valley
What was the SEC?
Securities and Exchange Commission. Watch wall street banks/regulate it
What was the WPA?
Works Progress Administration. Provided public works projects, helped artists, authors, and growth of culture
What was the SSA?
Social Security Act. helped with insurance for people:
- of old age
- not working
- who’s family died
What did the 20th amendment do?
Moved inauguration date from March-January to reduce the “lame duck” period
What was the FDIC?
Federal Deposit Insurance Corporation. Insures banks no to fail, designed to promote public confidence in banks and to provide insurance coverage for bank deposits up to $250,000
What did the Wagner Act do and when was it made?
1935, gave unions the ability to negotiate better working conditions. Also helped restrict how employers could react to what labor unions did and protected workers from industry. CIO, AFL
What was the CIO?
Congress of Industrial Organizations. Biggest union. Open to both men and women and many skill levels along with minorities
What was the AFL?
American Federation of Labor. Used to be biggest union. Open to only skilled workers
What was the NLRB vs. JLSC?
National Labor Relations Board vs. Jones and Laughlin Steel Corp. NLRB charged JLSC with unfair labor practices for intimidating union organizers. 1937 ruled in favor of NLRB allowed unions to grow. Brought in power of congress.
What was FDR’s court-packing bill?
It allowed more justices into the supreme court in hope of a more favorable group towards FDR
What was deficit spending?
FDR cut back on New Deal programs so unemployment rose again
What was the Black Cabinet?
20 black men who served with FDR. They were the first minority in powerful positions. Even though FDR didn’t work to improve civil rights, the Black Cabinet still stayed loyal
Who was Herbert Hoover?
1929-1933, 31st president, made Hoover Dam, failed to stop the GD, was secretary of Commerce, predicted growing prosperity
Who was FDR?
Franklin Delano Roosevelt, 1933-1935, 32nd president, created both New Deal programs, close all banks (holiday), only banks in good shape could open, fireside chats, created Black Cabinet