FDR's New Deal Programs and Criticisms

Vocabulary flashcards covering the key programs, timelines, economic concepts, and criticisms of Franklin D. Roosevelt's New Deal.

3 Rs

The three focal points of the New Deal program: Relief, Recovery, and Reform.

First Hundred Days

The period from Franklin D. Roosevelt's inauguration in March 1933 to June 1933 when he pushed multiple programs through Congress to provide relief, create jobs, and stimulate the economy.

Bank Closure of March 15, 1933

An order by Roosevelt directing all banks to close in order to stabilize financial institutions and restore confidence in the banking system.

FDIC (Federal Deposit Insurance Corporation)

A New Deal program established to provide insurance for bank deposits.

CCC (Civilian Conservation Corps)

A program that put $2.5\text{ million}$ unmarried men to work maintaining forests, beaches, and parks.

NRA (National Recovery Administration)

An administration that set out to balance the unstable economy through regulated industry codes.

PWA (Public Works Administration)

An agency that sponsored massive public works projects, including dams and hydroelectric facilities.

TVA (Tennessee Valley Authority)

An agency that helped farmers and provided cheap electric power along with recreational opportunities to the Tennessee River Valley.

AAA (Agricultural Adjustment Administration)

An administration that attempted to raise farm prices by paying farmers for lower outputs.

SSA (Social Security Administration)

A program that provided old-age pensions, disability payments, and unemployment benefits.

Recession

A period of slow business activity.

Recession of 1937

An economic downturn in August 1937 following temporary relief from massive government spending, for which the new Social Security tax was partly to blame.

New Deal Critics

Opponents from both sides of the political spectrum who argued that the New Deal was either not doing enough or doing too much, while creating a dangerously powerful federal bureaucracy and encouraging inefficient resource use.

Court Packing Fiasco

The controversial attempt by Roosevelt to pack the Supreme Court with additional justices who would support his New Deal plans.