New Deal

APUSH

stock market crash

____ caused by Uneven distribution of income

stock market crash

______ caused by stock market speculation

stock market crash

______ caused by  excessive use of credit

stock market crash

caused by overproduction of consumer goods,

stock market crash

caused by weak farm economy

stock market crash

caused by government policies,

stock market crash

caused by global economic problems

relief, recovery, reform

the 3 Rs:

relief

____ for people out of work

recovery

____for business and economy

reform

____ of economic institutions

emergency banking relief act

Closed banks and stated that they would be reopened when they were reorganized on a “sound basis”

• aka bank holiday

beer wine revenue act

Legalized the sale of alcohol - would raise tax revenue

fireside chats

A series of radio broadcasts that were used to reassure the public about governmental decisions and policies

glass-steagall act

Increased gov. Regulation of banks / how they could invest depositor’s money

federal deposit ins co (FDIC)

Guarantees bank deposits up to $250,000

home owners loan co

Assisted with the refinancing of small homes in order to prevent foreclosures

Farm Credit Administration (FCA)

Provided low interest farm loans → wanted to prevent foreclosures for indebted farmers

Federal Emergency Relief Association
FERA

Granted federal money to state & local gov’s to operate soup kitchens and provide other relief for the homeless and jobless

Public Works Administration

PWA

Allotted federal money to state & local gov.’s for building roads, bridges, dams, etc. (mostly construction projects)

Civilian Conservation Corps

CCC

Employed young men for projects on federal land.

Civilian Conservation Corps

CCC

Families received money each month.

• young men learned skills, received housing, education, and recreation in exchange for their service.

Tennessee Valley authority (TVA)

experiment for regional dev. And planning

• Provided electricity at reduced rates & built Dams, operated electrical power plants, controlled flooding and erosion

national recovery administration

Worked to guarantee reasonable profits for business & fair hours/wages for labor

national recovery administration

• Suspended antitrust laws

national recovery administration

Set codes for wages, prices, production

agricultural adjustment act

Encouraged farmers to reduce production (which would boost prices)

agricultural adjustment act

- Offered subsidies for unfarmed land

civilian works administration (CWA)

part of the PWA

civilian works administration (CWA)

Hired workers for temporary construction projects

securities and exchange co (SEC)

Created to regulate the stock market & place limits on speculative practices

securities and exchange co (SEC)

Required full audits and financial disclosures

federal housing ad. (FHA)

Boosted the construction industry and helped homeowners by insuring loans for the building of new homes and for repairing older homes

work progress ad (WPA)

Employed 3.4 million

work progress ad (WPA)

Constructed new bridges, roads, airports, and public housing

work progress ad (WPA)

Employed artists to take photographs, paint murals, write plays, and create pamphlets

resettlement ad (RA)

Provided loans to sharecroppers, tenants, and small farmers.

resettlement ad (RA)

Created camps to provide migrant workers with decent housing

national labor relations (NRL)

aka the Wagner Act

national labor relations (NRL)

replaced the NIRA

national labor relations (NRL)

guaranteed rights to join unions and collectively bargain, outlawed unfair business practices

NLRB

enforced laws, ensured worker’s rights

Rural Electrification Administration
REA

Provided loans for electric cooperatives which supplied power to rural areas

revenue act

Increased taxes on the wealthy

revenue act

Increased taxes on monetary gifts given to children by their parents

revenue act

Increased capital gains (money earned from the selling of stocks/properties

social security act SSA

Automatic withdrawals from paychecks and payments from business were placed in a fund

Social security act SSA

This money would be paid out to retirees (65+), as unemployment compensation, payments to the blind or disabled, and to dependent children and their mothers