The Great Depression/The New Deal

The New Deal

Programs and legislation enacted by FDR during the Great Depression to promote economic recovery.

Civil

Of, relating to, or consisting of citizens.

Fireside Chats

An informal radio broadcast in which FDR communicated with the American people.

Federal Deposit Insurance Corporation

government agency that insures bank deposits.

Tennessee Valley Authority

government agency that built dams in the Tennessee River valley to control floods and generate electric power.

Civilian Conservation Corps

government program that provided young men with jobs on environmental conservation projects.

National Recovery Administration

government agency that developed codes of fair competition in industry, including minimum wages and prices.

Public Works Administration

government agency that improved the nation's infrastructure and created millions of jobs.

2nd New Deal

A legislative activity begun by FDR in 1935 to solve problems created by the Great Depression.

Bonus Army

Group of WWI vets. that marched to D.C. in 1932 to demand the immediate payment of their goverment war bonuses in cash.

Trickle Down Economics

Hoover's strategy battling the Great Depression in which the money is given to the big corporations and eventually they will pay their workers more, and then the workers will spend their money and save the economy.

Social Security Act

A 1935 law that created a pension system for retirees, established unemployment insurance, created insurance for victims of work-related accidents and provided aid for poverty-stricken mothers and children, the blind, and the disabled.

Wagner Act

A law that recognized the right of employees to join labor unions and gave workers the right to collective bargaining.

Collective Bargaining

A process in which employers negotiate with labor unions about hours, wages, and other working conditions.

Fair Labor Standards Act

A law that set a minimum wage and a maximum workweek and outlawed child labor.

Congress of Industrial Organizations

labor organization founded in the 1930s that represented industrial workers.

Glass-Steagall Act

(Banking Act of 1933) - Established the Federal Deposit Insurance Corporation and included banking reforms, some designed to control speculation.

Black Cabinet

African American leaders who served as unofficial advisors to FDR.

Indian New Deal

A program that gave Native Americans economic assistance and greater control over their own affairs.

New Deal Coalition

A diverse group of southern whites, northern blue-collar workers, midwestern farmers, and African Americans that united behind FDR and the New Deal

Welfare State

A government that assumes responsibility for providing for the welfare of children and the poor, elderly, sick, disabled, and unemployed.

Shantytowns (Hoovervilles)

Shacks that the homeless built during the depression

Deficit Spending

Government practice of spending more than it takes in from taxes.

Contrast

Difference between things

Contribute

To give.