stupid FDR new deal act test

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35 Terms

1
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Franklin Delano Roosevelt

  • First major action as president: close all of the national banks & inspect them

  • National debt reached a new high under his term  

  • People saw him as compassionate, determined, and self-confident 

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New Deal


  • FDR’s program to alleviate the problems of the Great Depression

  • focusing on relief for needy, economic recovery, regulation of the stock market, and financial reform

  • Also helped farmers increase price of farm goods by decreasing surplus 

  • Republicans & businessmen against it

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Glass-Steagall Act


  • Established the Federal Deposit Insurance Corporation (FDIC), 

  • Goal: restoring confidence in the banks

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Federal Securities Act (FSA)


  • Required corporations to provide complete truthful information on all stock offerings

  • goal: restoring confidence in the stock market 

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Agricultural Adjustment Act (AAA)


  • Paid farmers to lower production/destroy crops

  • goal: raising crop prices & farm income

  • Ruled unconstitutional by the Supreme Court 

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Civilian Conservation Corps (CCC)


  • Put almost 3 million young men to work building roads, developing parks, planting trees, and helping in soil-erosion and flood-control projects 

  • Showed presidents concern for the environment 

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Tennessee Valley Authority (TVA)


  • provided funds to build and repair dams, flood-control projects, and powerplants 


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National Industrial Recovery Act (NIRA)


  • set fair prices on products and established labor standards

  • Goal: ensuring fair business practices & promoting industrial growth 

  • Ruled unconstitutional by the Supreme Court 

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Emergency Banking Relief Act 


  • inspected banks and close those that were unsound

  • Goal: restoring confidence in banks

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Federal Emergency Relief Administration (FERA)


  • Provided direct relief in the form of food and clothing to the neediest people hit by the depression - the unemployed, the aged, and the ill 


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Deficit Spending


  • the government's spending of more money than it receives in revenue 

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Huey Long 


  • Claimed the New deal policies were useless and proposed a social program called Share-Our-Wealth

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Eleanor Roosevelt 


  • Important advisor on domestic policy 

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Works Progress Administration (WPA)


  • Provided the unemployed with new jobs in construction, garment making, teaching, the arts, and other fields 

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National Youth Administration


  • provided young Americans with aid and employment during the Great Depression 

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Wagner Act (National Labor Relations Act)


  • protected workers rights to join unions after the Supreme Court declined the National Industrial Recovery Act unconstitutional 

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Fair Labor Standards Act


  • Set the national minimum hourly wage and prohibited factory labor for children under sixteen years of age 



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Frances Perkins


  • First woman cabinet member

  • Helped create the Social Security system & crafting labor legislation 


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Mary McLeod Bethune 


  • Educator/Appointed head of the Division of Negro Affairs 

  • Helped organize a “Black Cabinet” to advise Roosevelt on racial issues 


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John Collier 


  • Commissioner of Indian (Native American) Affairs 

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New Deal Coalition

  • An alliance of (southern whites, African Americans, unionized workers) who supported the policies of the Democratic Party

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Congress of Industrial Organizations (CIO)


  • composed of industrial unions, merged with the AFL 

  • Meant to unionize both skilled and unskilled workers 



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Gone With the Wind

  • 1939, a movie dealing with the life of Southern plantation owners during the Civil War, one of the most popular films of all time 


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Orson Welles 


  • Actor, director, producer, and writer

  • Broadcast, “The War of the Worlds”

  • Directed the movie classic, Citizen Kane

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Grant Wood


  • His famous painting American Gothic depicts two stern-faced farmers standing stiffly in front of a farmhouse

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Woody Guthrie


  • Used music to express the hardships of American life during the Depression  

  


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Richard Wright 


  • Wrote Native Son, depicts the difficulties faced by a young man trying to survive in a racist world


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The Grapes of Wrath 


  • A novel by John Steinbeck, published in 1939, deals with a family of Oklahomans who leaves the Dust Bowl for California 


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Federal Deposit Insurance Corporation (FDIC)


  • Created through the Glass-Steagall Banking Act, insured individuals’ bank accounts, protecting against bank failure   

  • Up to $5,000 per individual bank account ($250,000 today)


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Securities and Exchange Commission (SEC)


  • monitored the stock market and enforce laws regulating the sale of stocks and bonds 


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National Labor Relations Board (NLRB)


  • prevented unfair labor practices & mediated disputes between workers & management 

  • Established by the wagner act 


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Parity


  • government-supported level for the prices of agricultural products, intended to keep farmers’ incomes steady by regulating prices of crops 

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Social Security Act 


  • Provide aid/pension to retirees, the unemployed, people with disabilities, and families with dependent children 

  • Had the biggest long term impact on the economy 



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Tennessee Valley Authority (TVA)


  • established to construct dams and power plants in the Tennessee Valley region to generate electricity(hydroelectric) & prevent floods 

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Federal Deficit 


  • Increased during the Roosevelt administration as the federal government expected reforms to stabilize the economy