APUSH New Deal Quiz Flashcards

National Recovery Administration (NRA)

Worked to guarantee reasonable profits for business and fair hours/wages for labor. Suspended antitrust laws. Set codes for wages, prices, production

The Three R’s

Relief for people out of work

Recovery for business and economy

Reform of economic institutions

Civilian Works Administration (CWA)

Hired workers for temporary construction projects

Beer-wine revenue act

Legalized the sale of alcohol-would raise tax revenue

Resettlement Administration (RA)

Provided loans to sharecroppers, tenants, and small farmers

Created camps to provide migrant workers with decent housing

Home Owners Loan Co.

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

Rural Electrification Administration (REA)

provided loans for electric cooperatives which supplied power to rural areas

Federal Emergency relief association (FERA)

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

Social security Act (SSA)

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

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

Civilian Conservation Corps (CCC)

employed young men for projects on federal land

families received money each month

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

Federal Housing Administration (FHA)

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

Glass-Steagall Act

Increased Gov. Regulation of Banks/how they could invest depositor’s money

revenue act

increased taxes on the wealthy

increased taxes on monetary gifts given to children by their parents

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

Causes of the Stock Market crash

uneven distribution of income, stock market speculation, excessive use of credit, overproduction of consumer goods, weak farm economy, government policies, global economic problems

Tennessee Valley Authority (TVA)

experiment for regional dev. and planning provided electricity at reduced rates and built dams, operated electrical power plants, controlled flooding and erosion.

emergency banking relief act / banking holiday

closed banks and stated that they would return when they were reorganized on a “sound basis”

Agricultural Adjustments Act (AAA)

Encouraged farmers to reduce production (which would boost prices)

offered subsides for unfarmed land

securities and exchange commission (SEC)

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

required full audits and financial disclosures

National Labor Relations / Wagner act (NLR)

provided loans to share sharecroppers, tenants, and small farmers

created camps to provide migrant workers with decent housing

Federal Deposit ins. Co. (FDIC)

guarantees bank deposits up to $250,000

Works Progress Administration (WPA)

Employed 3.4 million

constructed new bridges, roads, airports, and public housing

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

Fireside Chats

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

Farm Credit Administration (FCA)

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

Public Works Administration (PWA)

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