The New Deal

A set of flashcards summarizing key concepts and details about the New Deal and its implications.

The New Deal

FDR's response to the Depression aimed to restore the economy and faith in democratic capitalism.

Immediate goal of the New Deal

Get the economy running again and restore Americans' faith in democratic capitalism.

Longer-term economic goal of the New Deal

Manage the economy and limit inequality via a stronger federal government.

Alphabet soup

Refers to many new federal agencies created under the New Deal.

Modern welfare state

Government program aimed at providing social benefits, including Social Security.

Exclusion in New Deal benefits

Some Americans, particularly black Americans, were excluded from certain benefits.

New Deal coalition

Political strategy involving labor, farmers, northern white ethics, Southern white voters, and Black voters.

End of Prohibition

Implemented in December 1933, marking a significant policy change.

Bank holiday

A temporary closure of banks to stabilize the banking system.

Emergency Banking Act

Legislation that introduced more government supervision over banks.

Glass-Steagall Act

Law that prohibited banks from gambling with ordinary depositors' money.

Federal Deposit Insurance Corporation (FDIC)

Agency that insures bank deposits to protect depositors.

National Recovery Administration

Agency established to regulate industry and prices.

Civilian Conservation Corps (CCC)

Program designed to put young men to work on public projects.

Public Works Administration (PWA)

Project aimed at building infrastructure such as dams.

Tennessee Valley Authority (TVA)

Agency responsible for dam construction and generating electric power in the South.

Grand Coulee Dam

A significant dam constructed in Washington State.

Agricultural Adjustment Act/Administration (AAA)

Legislation aimed at protecting farmers and raising crop prices.