The Great Depression - P7

Question 1

Hoover

Answer 1

republican; attempted to deal with the Depression by trying to restore public faith in the community

Question 2

Smoot-Hawley Tariff

Answer 2

protected American business; hinders trade; limits $$$ in system

Question 3

Reconstruction Finance Corp (RFC)

Answer 3

lends $$$ to banks, railroads, and other businesses

Question 4

FDR

Answer 4

believes in “some” government intervention; is willing to experiment and try new things

Question 5

“New Deal”

Answer 5

Relief (for the unemployed), Recovery (of the economy), Reform (of capitalism); direct government intervention to help the economy

Question 6

Glass Steagall Act (recovery & reform)

Answer 6

established the FDIC (federal deposit insurance corporation): including banking reforms

Question 7

Agricultural Adjustment Act (AAA) (relief & recovery)

Answer 7

regulations on farm production; Fed Govt. pays people NOT to plant and purchase livestock at high prices

Question 8

National Recovery Administration (NRA) (relief/recovery)

Answer 8

regulated production, prices, and wages

Question 9

Federal Emergency Relief Agency (FERA)

Answer 9

Federal $$$ for state relief programs; creates jobs for millions

Question 10

Public Works Admin. (PWA) / Civil Works Admin. (CWA)

Answer 10

helped construction workers get jobs through projects

Question 11

Works Progress Admin. (WPA)

Answer 11

employment, roads, bridges, buildings, parks, airports

Question 12

Federal Housing Admin. (FHA)

Answer 12

reformed mortgages & housing ownership; tried to encourage home ownership/stimulate the economy (housing boom)

Question 13

Huey Long

Answer 13

“share our wealth” programs; giving eery American family a comfortable income

Question 14

Social Security Act

Answer 14

old age pensions, compensations for unemployed, no national health insurance

Question 15

Wagner Act

Answer 15

creates a national board to review labor practices

Question 16

Fair Labor Standards Act

Answer 16

outlawed child labor, 40hr work week mandated overtime pay, federal minimum wage

Question 17

Judicial Procedures Reform Bill

Answer 17

Plan to add 1 new justice for every member over 70

Question 18

Roosevelt Recession - 1937

Answer 18

Roosevelt slashed the federal budget & but for funding to many programs & Federal Reserve raised interest rates (cutting government spending = recession)

Question 19

Indian Reorganization Act (1934)

Answer 19

reversed Dawes Act, returned semi-sovereignty to tribes; promoted Indian self-government & elected tribal councils

Question 20

Tydings-McDuffie Act

Answer 20

gave freedom for Philippines; limits Filipino immigration to 50 people per year

Question 21

Dust Bowl

Answer 21

severe drought + farming practices + wind = ecological disaster; left workers without work or substantial wages

Question 22

Tennessee Valley Authority (TVA)

Answer 22

helped “modernize” the South: flood control, reforestation, electricity, agricultural & industrial development

Question 23

Grand Coulee

Answer 23

Hoover Dam; Grand Coulee leads to hue agricultural industry

Question 24

Securities and Exchange Commission (SEC)

Answer 24

monitors the stock market and enforces laws regulating the sale of stocks and bonds

Question 25

welfare state

Answer 25

a government that undertakes responsibility for the welfare of its citizens through programs in public health and housing

Question 26

Classical Liberalism

Answer 26

advocates of the protection of individual rights and liberties by limiting government power

Question 27

New Deal Liberalism

Answer 27

a belief in government that regulates the economy and society to achieve what it perceives as fairness