The New Deal Flashcards
Radio addresses by FDR - called and informed Americans
Fireside chats
First hundred days
Period from FDRs inauguration March until June 1933 in office of president
Stabilizing financial institutions
- Restore publics confidence in banks
- closed banks for days and passed emergency banking act
- FDR found most banks healthy
Emergency banking act
Authorized government to inspect financial health of all banks
What happened after FDR found most banks “healthy”?
They started putting their money back into accounts
Glass-Steagall Banking Act
Established FDIC to insure all bank deposits
Federal securities act
Required companies to provide info with finances if they offered stock for sale
Securities and exchange commission
Regulates and oversees all activities and transactions of stock market
Federal emergency relief administration
Provides federal funds to state relief agencies
Public works programs
Government funded projects to public facilities
Civil works administration
Put unemployed to work building or improving roads, parks, airports, etc
Civilian conservation corps
Put more than 2.5 million unmarried young men to work restoring and maintaining beaches, parks, forests
FDR’s fav program
CCC
more about the CCC
- men earned $30/per month, lived in camps for free
- Received free medical care and job training
- Eleanor convinced CCC to fund similar program for women
The new deal
Came to refer to the relief, recovery, and reform programs of FDRs administration that were aimed at combating Great Depression
NRA
national recovery administration
-balanced unstable economy through extensive planning
set a minimum wag
FDR was the first president to appoint a women to cabinet post - who was it?
francis perkins
FDR’s administration hired many
african americans
mary McLeod Bethune
held highest position of any african american in New Deal
director of the Division of Negro Affairs
FDR’s most important colleague?
Eleanor roosevelt
what did Eleanor do and why did she rise curiosity?
she traveled widely to support New Deal (FDR’s disability)
reported to FDR conditions of country
activism bothered americans
-original role of first lady was to be the hostess
second new deal
in response to critics who said FDR is not doing enough
what did the second new deal bring
more social welfare benefits, stricter controls over businesses, support for unions and higher wages
wagner act?
legalized union practices such as collective bargaining and closed shops
outlawed spying on union activities