Chapter 23 part 1

Question 1

Bank Holiday

Answer 1

closed all banks, preventing further withdrawals.

Question 2

Emergency Banking Relief Act

Answer 2

Authorized the treasury department to inspect the country’s banks.

Question 3

Glass Steagall Act

Answer 3

Established the FDIC, provided federal insurance for individual bank accounts.

Question 4

Federal Securities Act

Answer 4

Required corporations to provide complete info on all stock exchange and made them liable for any misrepresentations.Lead to SEC

Question 5

Securities & Exchange Commission

Answer 5

To regulate the stock market, prevent people with inside info about companies from rigging the stock market for their own benefit. Brought up the idea of repealing prohibition.

Question 6

21st Amendment

Answer 6

Repealed Prohibition.

Question 7

1st Agricultural Adjustment Act

Answer 7

Reducing agricultural production by paying farmers off by not planting.

Question 8

Tennessee Valley Authority

Answer 8

TVA was envisioned not only as a provider, but also as a regional economic development agency that would use federal experts and electricity to rapidly modernize the region’s economy and society.

Question 9

Civillian Conservation Corps

Answer 9

Provided jobs for single males on conservation projects.

Question 10

National Industrial Recovery Act

Answer 10

Provided money to states to create jobs chiefly in construction of schools, and other community buildings.
This eventually failed and led roosevelt to turn to the (CWA)

Question 11

Public Works Administration

Answer 11

Created as part of the NIRA, Provided money to states to create jobs chiefly in construction of schools, and other community buildings.

Question 12

Civil Works Administration

Answer 12

Provided work in federal jobs.

Question 13

National Recovery Administration (NRA)

Answer 13

Set wage codes some of which set lower minimum wages for women.