The New Deal and Franklin Roosevelt’s Response to the Great Depression

Flashcards covering key concepts from Franklin Roosevelt's New Deal and its various components during the Great Depression.

Franklin Roosevelt's Philosophy

Believed in active government intervention to stimulate economic recovery and support those suffering from the Depression.

New Deal

A series of policies aimed at providing relief, recovery, and reform during the Great Depression.

Relief Programs

Immediate assistance to those in need affected by the Great Depression.

Recovery Programs

Policies aimed at stimulating the economy post-Depression.

Reform Programs

Changes to the financial system designed to prevent future economic crises.

Glass-Steagall Act

Separated commercial and investment banking to restore trust in the banking system.

Federal Securities Act

Regulated the stock market to prevent fraud.

FDIC (Federal Deposit Insurance Corporation)

Insured bank deposits, increasing public confidence in the banking system.

SEC (Securities and Exchange Commission)

Established to regulate the securities industry.

Civilian Conservation Corps (CCC)

Provided jobs in environmental conservation and development.

Works Progress Administration (WPA)

Funded a wide range of public works projects and jobs to reduce unemployment.

Economic Recovery

Focused on stabilizing the economy after the Great Depression.

Protection for Workers

Empowered workers and provided support to vulnerable populations during economic hardships.