FDR's New deals

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45 Terms

1
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In the new deal what is Relief

providing immediate, direct assistance to the millions of Americans suffering from the Great Depression, including the poor, unemployed, and farmers.

2
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In the new deal what is recovery

restoring the economy to pre-Great Depression levels through federal spending and job creation,

3
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In the new deal what is Reform

aimed to create a stable economic system and provide social welfare, representing a major shift in the government's role in American life

4
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What is the Emergency Banking relief Act of 1933

It stabilized the banking systems and allowed for the government to  to inspect banks and aloo

5
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What was the purpose/Need for the Emergency Banking relief Act of 1933

To restore public confidence in the banking system by inspecting banks and closing those that were financially unstable. 

6
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Which one of the 3 R’s does the Emergency Banking relief Act of 1933 represent

Recovery- Stabilized the banking system 

Reform- put banks back into business and help protect against future failures   

7
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What is the Glass Steagall Banking act of 1933

It is a banking law that separates commercial and investment banking

8
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what was the purpose of the Glass-Steagall Act of 1933

It made bankers be more responsible with their money and made Americans spending more stable 

9
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Which one of the 3 R’s does the Glass-Steagall Act of 1933 represent

Reform- changed banks to prevent another financial crisis.

10
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What is the HOLC(Home Owners' Loan Corporation)

A way to help homeowners facing foreclosure during the Great depression

11
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What is the purpose/need for the HOLC (Home Owners' Loan Corporation)

Helped stabelize the housing market and prevent the widespread of foreclosures

12
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Which one of the 3 R’s does the HOLC (Home Owners' Loan Corporation) represent

Recovery- aimed to restore the economy to a normal level

13
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What is the CCC (Civilian Conservation Corps)

gave people jobs to help nature

14
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What was the purpose/need of the CCC(Civilian Conservation Cor)

it decreased the employment rate and gave people a way to provide for their family’s

15
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What one of the 3 R’s does the CCC (Civilian Conservation Corps) represent

Relief- Provided immediate jobs and aid to unemployed young men

16
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What is the NIRA/NRA (National Industrial Recovery Act)

Aimed to stimulate economic recovery during the Great Depression

17
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What was the purpose/need of the NIRA?NRA

To promote industrial recovery and provide public works project to stimulate the economy

18
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What one of the 3 R’s does the NIRA/NRA(National Industrial Recovery Administration) represent

Recovery- designed to revive the economy and restore industrial production

19
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What is the TVA

It provided electricity, flood control and economic development in the Tennessee Valley region

20
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What was the purpose/need of the TVA

It controlled flooding, improve the navigability of the river, and generate affordible electricity 

21
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Which one of the 3 R’s does TVA represent

It represents all three

Relief- created jobs for thousands

Recovery- Helped the region’s economy recover by building dams to control flooding and more

Reform- Helped with economic development 

22
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What is the AAA

boosted agricultural prices during the Great Depression by reducing crop surpluses

23
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What was purpose/need of the AAA

It helped relive the struggling farmers by doing things like paying them to destroy their livestock

24
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Which one of the 3 R’s does the AAA represent

Recovery- it aimed to provide immediate relief to farmer. 

25
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What is the FHA

Promoted affordable homeownership

26
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What was the purpose/need for the FHA (Federal Housing Administration)

It helped stabilize the housing market, stimulate the economy and increase homeownership

27
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Which one of the 3 R’s does the FHA (Federal Housing Administration) represent

Recovery- helped stimulate the economy and return it to normal levels

28
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What is the WPA (Works Progress Administration)

It employed millions on public works projects

29
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What was the purpose/need for the WPA (Works Progress Administration(

It employed millions to work on projects that would benefit the nation in the long run

30
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Which one of the 3 R’s does the WPA(Works Progress Administration) represent

Relief- gave immediate assistance to those suffering from hardship by giving them jobs and a source of income

Recovery- Created jobs and stimulated spending. It was intended to help the economy recover from the GD

31
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What is the Wagner Act of 1935

It protected workers and their rights to stop unfair labor hours and promote bargaining  with employers

32
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What was the purpose/need of the Wagner Act

it helped address the severe imbalance of power between workers and their employers

33
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Which of the 3 R’s does the Wagner Act represent

Reform- focused on creating permanent changes to the US economy

34
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What is the Social Security Act

It established a system that gave unemployment insurance, aid to dependent children, the blind and disabled 

35
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What was the purpose/need of the Social Security Act

It provided economic security and a safety net for Americans

36
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Which one of the 3 R’s does Social Security represent

Reform- Was created to give a permanent solution to prevent future economic depressions

37
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What is the SEC (Securities and Exchange Commission)

It is a group that watches the stock market and protects investors

38
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What is the purpose/needs of the SEC (the U.S. Securities and Exchange Commission)

It makes sure the stock market is fair and safe and helps stop cheating or fraud

39
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Which one of the 3 R’s does the SEC represent

Reform- it fixed the problems in the financial systems

40
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what is the national housing act

A law that helped people buy and keep their homes

41
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What is the purpose/need of the National housing Act

It helped families and workers during the GD buy making home loans easier to get

42
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Which one of the 3 R’s does the National housing Act represent

Relief and Recovery- It helped people and it boosted the housing industry

43
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What is the fair labor Standards Act

A law passed in 1938 that set a minimum wage, limited work hours, and banned child labor

44
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What is the purpose/need of the Fair Labor Standards Act

It was made to protect workers from unfair pay and long hours and to improve working conditions

45
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Which one of the 3 R’s does the Fair Labor Standards Act represent 

Reform- it changed labor laws to make jobs fairer and safer