history term 3 week 1

Presidential Election of 1932

Americans chose between President Herbert Hoover and Franklin D. Roosevelt (FDR), who promised a balanced budget and direct aid to the unemployed.

Campaign slogan of FDR in 1932

"A New Deal for the American People."

Fireside chats

Radio broadcasts by FDR to connect directly with Americans and explain New Deal policies.

Emergency Banking Act

Closed all banks for four days to assess their stability and only allowed financially sound banks to reopen.

Agricultural Adjustment Act (AAA)

Established Agricultural Adjustment Administration to assist farmers and control agricultural overproduction.

National Industrial Recovery Act (NIRA)

Created the National Recovery Administration (NRA) to establish industrial rules.

Civilian Conservation Corps (CCC)

Provided jobs for young men in outdoor projects, paying $30 monthly, most of which was sent home.

Tennessee Valley Authority (TVA)

Established to aid seven states with job creation, electricity coverage, and flood control.

Federal Emergency Relief Act

Allocated $500 million in grants for states to supplement relief budgets during the unemployment crisis.

New Deal policies

A series of programs and reforms introduced by FDR aimed at recovery from the Great Depression.

Public Works Administration (PWA)

Funded major construction projects to create jobs with a budget of $3.3 billion.

Civil Works Administration (CWA)

Temporary agency that provided $400 million for short-term jobs benefiting 4.2 million workers.

Federal Emergency Relief Administration (FERA)

Provided relief payments to citizens during the Great Depression.

Home Owner's Refinancing Act

Extended mortgage payment periods from five to twenty years, helping around 1 million homeowners.

Economy Act

Reduced government expenses by 25%, cutting federal spending by about $450 million.

Beer and Wine Revenue Act

Legalized low-alcohol beverages to raise funds for the New Deal.

Commodity Credit Corporation

Established to pay farmers for excess goods, encouraging price stability in agriculture.