Unit 8 - New Deal Flashcards
N.D. Agency, if a bank closed it guaranteed your money back from the government
FDIC
N.D. Agency, regulated the stock market so people wouldn’t be afraid to invest again
SEC
N.D. Agency, funded local and state relief agencies, passed on to needy Americans as direct relief
FERA
Close friend and advisor to POTUS, directed distribution of federal funds to state and local relief agencies
Harry Hopkins
N.D. Agency, employed over 4 million people building or improving roads, parks, airports, and other public facilities
CWA
Term for unnecessary projects that the government sponsored to create jobs
Boondoggle
N.D. Agency; preserved nature/environmental work/projects; volunteers, men, 16-25; $30 per month, but $25 has to go home to family
CCC
N.D. Legislation; aimed at improving the economy by:
Minimum wage
Raising industrial prices
Created agency to help bring about this goal
Spelled out fair business practices
Regulated wages
Regulated prices
Controlled working conditions
Gave organized labor collective bargaining rights
Health inspections
Would later be ruled unconstitutional by the Supreme Court
NIRA
N.D. Agency; enforced codes set by the NIRA; balanced the unstable economy by regulating business and labor practices; businesses that were members put a sign with a blue eagle in their window
NRA
N.D. Agency; employed 2.5/2.8 million; in general, focused on sponsoring massive, large-scale projects; created jobs; dams, hydroelectric facilities
PWA
N.D. Agency; tried to keep people from losing their homes and farms by reorganizing mortgages ad giving them low interest loans
HOLC
N.D. Agency; aimed to stabilize housing market by helping finance new homes; improved housing standards and conditions
FHA
N.D. Agency; tried to stabilize (raise prices of) the food market by:
Burning crops
Killing cattle
Paid farmers to grow less (subsidies from gov’t) (reducing surplus)
AAA
N.D. Agency; carried out public work projects; benefited 1 specific region (TN River Valley); helped those in poverty; created thousands of jobs; electricity and modern standard of living
TVA
Had experience at almost all levels of education; former educator; African-American students; part of FDR’s cabinet; part of an agency which helped young people deal with the problems of the G.D.; in charge of the A.A. Division of NYA; highly influential; organized black politicians in support of N.D.
Mary McLeod Bethune
Group of informed advisors to the Pres.; gave guidance about issues and problems which African Americans faced during the G.D.
Black cabinet
N.D. Agency; helped young people (16-25) bY:
Providing free counseling
Finding them jobs
Supplying the opportunity to get a HS diploma
Providing rec opportunities
NYA
Included: More social welfare benefits More direct relief More jobs More homes More food Stricter controls over business More support for unions Significantly higher taxes on the rich Started in Jan. 1935; new and more aggressive legislation; made by FDR to fight the GD
Second New Deal
N.D. Agency; created thousands of jobs; supported creative arts immensely; roads, airports, schools; used tax money to support creative works of writers and artists; controversial; resulted in 2,000 murals, 17,000 statues, and the Federal Theater Project
WPA
N.D. Agency; gave low-interest loans to small American farmers who were basically nomads (Okies) to help them purchase land; did this for Mexican immigrants, too; affected the culture in America; relocated migrant farmers to areas in American where they could find work
FSA
N.D. Agency; created jobs; brought electricity and modern standard of living to isolated people in America’s countryside; funded the running of electrical lines in sparsely populated areas and the wiring of homes
REA
Aka NLRA; N.D. Legislation; legalized union activities (collective bargaining, closed-shop); named after the pro-labor Senator who introduced it; made anti-union activities illegal
Wagner Act