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American History > Chapter 15 > Flashcards

Chapter 15 Flashcards

(49 cards)

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1
Q

FDIC-federal deposit insurance corporation

A

Protected bank deposits up to $5,000, reassuring millions of bank customers that their money was safe

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2
Q

Securities and exchange commission

A

Supervised the stock market and eliminated dishonest practices

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3
Q

Federal securities act

A

Provided complete info on all stock and made companies liable for any misinterpretations

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4
Q

21st amendment

A

Had repealed the prohibition act all together

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5
Q

Agricultural adjustment act (AAA)

A

This raised crop prices by lowering production, it paid farmers to not plant in certain areas

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6
Q

Tennessee valley authority

A

Developed the resources of the Tennessee valley renovated dams, built new ones, created thousand of jobs, provided flood control and hydroelectric power

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7
Q

Civilian conservation corps (CCC)

A

Provided jobs, relief and cash to single males through conservation projects

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8
Q

PWA, public works administration

A

Created jobs on government projects

Helped unemployment

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9
Q

CWA, civil works administration

A

Provided work in federal jobs

Helped unemployment

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10
Q

FERA

A

Provide direct relief for the needy

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11
Q

WPA

A

Quickly created as many jobs as possible

Special efforts for women, minorities, and young people

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12
Q

NYA

A

Provided job training for unemployed young. Schools, and job training

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13
Q

Social security administration

A

Provided support for elderly, unemployed and disabled and dependent children

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14
Q

What two programs were later declared unconstitutional

A

NIRA, AAA

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15
Q

How did FDR react to the Supreme Court decision

A

Tried to get bill passed to reappoint more people for the court so he’d always be right- court packing

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16
Q

What was a group against new deal

A

American liberty league conservative opponent of new deal

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17
Q

What did American liberty league believe

A

Opposed new deal and believed the new deal measures violate respect for rights of individuals and property

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18
Q

Three toughest people and members of ALL

A

Charles coughlin, Dr. franciatownsend, Huey long

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19
Q

Charles coughlin

A

Favored animal income and nationalized banks, had the radio station against new deal.

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20
Q

Dr. F

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A

Thought Roosevelt was not doing enough for poor and elderly

21
Q

Huey long

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A

Wanted presidency for himself, proposed the share our wealth program

22
Q

Two types of people who opposed new deal

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A

Thought it didn’t go far enough helping people

Felt it went too far and didn’t like how much the government was involved

23
Q

What was not a cause of the Great Depression

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A

Growing number of homeless people

Tariffs on forgein goods WAS a cause

24
Q

What for farmers increased before the depression

25
Why did the stock market crash
People panicked when stock prices fell and pulled out all of their stocks
26
What is deficit
Created when you spend more than taking in
27
What time span was new deal
1930's
28
What causes giant spike in deficit
World War Two
29
What is the major reason for unemployment decrease
World War Two
30
How did the new deal affect deficit and unemployment
Deficit stayed steady | Unemployment decreased but not as major as in WW2
31
How did conservatives feel about new deal
FDR policies too large and powerful, government stifled free enterprises and individual initiative
32
How did liberal critics feel about FDR
Felt he didn't do enough to socialize economy and eliminate social and economic inequalities. Didn't like governments involvement
33
How did supporters for FDR feel
Felt he had a valence between unregulated capitalism and over regulated socialism and helped country recover from economic difficulties , created jobs
34
Why was the new deal a turning point
In which us government assumed a greater responsibility for economic welfare of citizens
35
How did the new deal expand power of the government
Infusing nations economy with millions of dollars, created federal jobs, attempts to regulate supply and demand; and increase in government participation in settling labor and management disputes
36
New deal effects
Social security Rural scene- get quotas on production of crops Environment- planted trees, CCC, TVA
37
Parity price
Price intended to help farmers income steady
38
Speculation
Buying stocks and bonds on the chance of a quick profit while ignoring the risks
39
Buying on margin
Paying a small percentage of a stocks price as a down payment and borrowing the rest
40
Black Tuesday
Bottom fell out of the market and the nations confidence, shareholders frantically tried to sell stock before prices fell even lower
41
Dust bowl
Drought, exhausted land through overproduction, grasslands unsuitable for farming, dust blown all over. Region hit hardest- Kansas, Oklahoma, Texas, New Mexico, Colorado
42
Direct relief
Cash payments of food provided by the government to the poor
43
Bonus army
Bonus to war time veterans wanted it immediately, ended up getting tear gassed
44
Hooverville
Shanty town built in Central Park
45
Credit
An arrangement in which consumers agreed to buy now and pay later for purchases
46
Fireside chat
When FDR went on the radio and talked to the public for them to understand what was going on
47
Long term effects of new deal programs
Social security FDIC SCC
48
FDR first 100 days
``` Bank reforms Fireside chat Glass seagull act Federal securities act Just bunch of first acts ```
49
FDR second 100 days
Fix some of his programs Farmers focus Work

American History (28 decks)

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