#3

Question 0

What were some other reforms?

Answer 0

• Home Owners Loan Corporation

- Farm Credit Administration

Question 1

What did the Glass-Steagall Act do?

Answer 1

Reformed the financial industry and created the Securities Exchange Commission

Question 2

What does the FDIC stand for/do?

Answer 2

Federal Deposit Insurance Corporation

-Guarantees bank deposits

Question 3

What does the SEC stand for/do?

Answer 3

Security and Exchange Commission

-regulates trading in stocks and bonds

Question 4

What subsidized farmers to not plant crops?

Answer 4

Agricultural Adjustment Administration

Question 5

What happened to the gross farm income?

Answer 5

Rose by 1/2 by 1935

Question 6

What did conservative critics claim about the New Deal?

Answer 6

It expanded gov. activity + increased regulation weakened the autonomy of American business

Question 7

What did other conservatives claim (left) about the New Deal?

Answer 7

That it had not reached to the poor including the racial minorities

Question 8

What was the Wagner Act?

Answer 8

Guaranteed workers to organize a union + banned employers from using unfair labor practices

Question 9

What was the Social Security Act?

Answer 9

Provided unemployment compensation, old-age pensions, + aid for dependent mothers

Question 10

What was the Banking Act of 1935?

Answer 10

Increased authority of the Federal Reserve Board

Question 11

What did the Resettlement Administration focus on?

Answer 11

Land reform and help for farmers, many suffering from the Dust Bowl