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