the new deal Flashcards
What was the New Deal?
referred to the relief, recovery, and reform programs of FDR’s administration that were aimed at combating the Great Depression
what were Fireside Chats?
a series of radio address by FDR from 1933-1944
what was the purpose of Fireside Chats?
they calmed and informed the American people of his plans for recovery
What was the Hundred Days?
a period from FDR’s inauguration March until June 1933 in office of President
What did FDR do during the period of Hundred Days?
pushed through Congress, program after program to provide relief, create jobs and stimulate economy
What did FDR do to stabilize financial institutions?
restored public’s confidence in banks
FDR closed banks for four days and passed what banking act?
Emergency Banking Act
what was the Emergency Banking Act?
authorized government to inspect financial health of all banks
to assure Americans that banks would not fail, FDR did what?
closed banks for four days and passed the Emergency Banking Act
People began to put their money back in the banks when they were found _____________.
healthy
Glass-Steagall Banking Act–
established Federal Deposit Insurance Corporation (FDIC) to ensure all bank deposits
FDR created other programs to help regulate the stock market, what were they?
Federal Securities Act && Securities and Exchange Commission
what was the Federal Securities Act?
required companies to provide info about finances if they offered stock for sale
what was the Securities and Exchange Commission?
regulates and oversees all activities and transactions of the stock market
what did the Federal Emergency Relief Administration do?
provided federal funds to state relief agencies
What were the public works programs?
government funded projects to build public facilities
what did the Civil Works Administration do?
put unemployed to work building or improving roads, parks, airports, ect.
providing relief and creating jobs was a tremendous __________ booster to four million out of work
morale
what did the Civilian Conservation Corps do?
put more than 2.5 million young, single men to work restoring and maintaining beaches, parks, and forests
what was FDR’s favorite program?
Civilian Conservation Corps