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Content: The New Deal
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Terms in this set (28)
New Deal
President FDR's relief, recovery, and reform programs designed to combat the Great Depression
hundred days
period at the start of FDR's presidency in 1933, when many New Deal programs were passed by Congress
public works program
government funded projects to build public features
Civilian Conservation Corps (CCC)
established by Congress in 1933, this program put more than 2.5 million young men to work restoring and maintaining forests, parks, and beaches
Agricultural Adjustment Administration (AAA)
established in 1933 to raise farm prices through government financial assistance
Tennessee Valley Authority (TVA)
federal project to provide inexpensive electric power, flood control and recreational opportunities to the Tennessee River valley
Second New Deal
period of legislative activity launched by FDR in 1935
Wagner Act
passed in 1935, that aided unions by legalizing collective bargaining and closed shops, and by establishing the National Labor Relations Board
closed shop
workplace only open to union members
Social Security system
established in 1935, the Social Security Act was passed to provide financial security in the form of regular payments to people who cannot support themselves
American Liberty League
organization founded in 1934 to oppose the New Deal
demagogue
a leader who manipulates people with half-truths, deceptive promises and scare tactics
nationalization
government takeover and ownership of banks, and the redistribution of their wealth
deficit spending
paying out more from the annual federal budget than the government receives in revenues
recession
period of slow business activity
national debt
total amount of money that the federal government borrows and has to pay back
revenue
income
coalition
alliance groups with similar goals
sit-down strike
labor protest in which laborers stop working but refuse to leave the workplace
Why did FDR begin the New Deal by closing the nation's banks? FDR began the New Deal by closing the banks to restore public confidence in the nation's banks. Many Americans had been afraid by the fact that they could lose their savings. But by FDR's actions, the banks were healthy and trust had been restored
How did the National Industrial Recovery Act aim to help businesses? The NIRA sought to bolster business failures and unemployment through extensive planning to balance the unstable economy. The planning took the form of codes. These codes included: regulated wages, controlled working competition, prices, production, and set minimum wage. They also gave organized labor unions collective bargaining rights, allowing workers to negotiate as a group with employers
What did the 1936 election reveal about voters' attitudes towards the New Deal? The 1936 election showed that Americans supported the New Deal;