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Flashcards about the New Deal based on lecture notes.
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What was the main focus of the First New Deal (1933-1934)?
Immediate relief
What action was taken in March 1933 by the Emergency Banking Relief Act (EBRA)?
Declared a bank holiday to stabilize failing banks.
What was the purpose of the Civilian Conservation Corps (CCC)?
To create jobs for young men in environmental projects.
What did the Agricultural Adjustment Act (AAA) aim to do?
Pay farmers to reduce crop production to control prices.
What was the purpose of the Tennessee Valley Authority (TVA)?
To provide electricity and flood control in the South.
What were the goals of the National Industrial Recovery Act (NIRA)?
To set industry regulations for wages and prices.
What was the purpose of the Public Works Administration (PWA)?
Funded large-scale construction projects.
What did the Federal Deposit Insurance Corporation (FDIC) do?
Insured bank deposits to restore trust in banks.
What was the main focus of the Second New Deal (1935-1938)?
Long-Term Reform
What was the purpose of the Works Progress Administration (WPA)?
Created millions of jobs in construction, arts, and education.
What did the National Labor Relations Act (Wagner Act) protect?
Workers' rights to form unions.
What did the Social Security Act (SSA) establish?
Pensions and unemployment benefits.
What was the goal of the Rural Electrification Administration (REA)?
Expanded electricity to rural areas.
What did the Fair Labor Standards Act (FLSA) establish?
Minimum wage and a 40-hour workweek.
What event ultimately revived the economy after the New Deal?
The outbreak of World War II.
How did the new deal impact economic recovery?
Helped stabilize the economy and provided relief to millions
How did the new deal impact government expansion?
Increased federal involvement in welfare, labor, and finance
How did the new deal impact Infrastructure growth?
Built bridges, roads, schools, and dams
How did the new deal impact labor rights?
Strengthened labor unions and workers protections
How did the new deal impact Social Security?
Created the foundation for modern welfare programs