Herbert Hoover and the New Deal Policies of FDR

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23 Terms

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Agricultural Marketing Act

Controlled prices of agricultural goods for farmers.

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Reconstruction Finance Corporation

1932 program to stimulate industry and create jobs.

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Herbert Hoover

President during the onset of the Great Depression.

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Hawley-Smoot Tariff Act

1930 law increasing import duties, reducing trade.

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Great Depression

Severe worldwide economic downturn starting in 1929.

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The New Deal

FDR's series of programs to recover the economy.

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Fireside Chats

Radio addresses by FDR to reassure Americans.

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Alphabet Agencies

Government programs addressing specific economic issues.

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Agricultural Adjustment Agency (AAA)

Paid farmers to reduce crop production and surplus.

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Civilian Conservation Corps (CCC)

Provided jobs in conservation for unemployed men.

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Federal Emergency Administration (FEA)

Managed grants and loans for job creation.

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National Recovery Administration (NRA)

Set minimum wages and established fair competition codes.

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Tennessee Valley Authority (TVA)

Provided navigation, electricity, and fertilizer to Tennessee.

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Works Progress Administration (WPA)

Employed millions through public works projects.

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Social Security Act

Provided insurance for citizens based on income.

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Wagner Act

Protected workers' rights to unionize and strike.

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Resettlement Act

Relocated struggling families to improve living conditions.

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Huey Long

Proposed 'Share Our Wealth' to redistribute income.

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Liberty League

Critics of FDR's New Deal, claiming government overreach.

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Deficit Spending

Government spending exceeding revenue to stimulate economy.

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Job Creation

Efforts to reduce unemployment through government programs.

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Economic Recovery

Process of improving economic conditions post-depression.

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Public Works

Government-funded projects to build infrastructure.