Hoover/FDR policies

Question 1

Reconstruction finance corporation

Answer 1

(Hoover) to lend money to companies and banks on verge of bankruptcy

Question 2

Federal farm board

Answer 2

Helped farmers by buying products to keep prices high (hoover)

Question 3

Declaring debt moratorium

Answer 3

Temporary halt on repayment of war debts (hoover)

Question 4

Bonus army

Answer 4

(Hoover) used tanks/tear gas against veterans who were owned bonuses from war

Question 5

“Brain trusts” 3 goals…

Answer 5

Relief, recovery, reform (FDR)

Question 6

E.B.R.A

Answer 6

Emergency Banking Relief, closed banks until US Treasury inspected them for financial soundness

Question 7

FDIC

Answer 7

Federal Deposit INSURANCE Corporation, provided federal insurance for bank accounts, guaranteed your money

Question 8

Federal Securities Act

Answer 8

required all companies to give info on stocks, prevented them from lying about stocks

Question 9

SEC

Answer 9

Securities/exchange commission, regulates stock market

Question 10

AAA

Answer 10

Agricultural Adjustment Act, payed farmers not to work on land, paid them to waste food, raise farm prices

Question 11

CCC

Answer 11

Civilian Conservation Corps, young men paid to help nature/build roads/get rid of dust bowl

Question 12

FERA

Answer 12

federal emergency relief administration, money to unemployed/aged/ill

Question 13

CWA

Answer 13

civil works administration, built schools, paid teachers, built roads

Question 14

NIRA

Answer 14

national industrial recovery act, established codes for fair practices in industry

Question 15

TVA

Answer 15

Tennessee valley authority, renovated dams, provided jobs, flood control, brought hydroelectric power to poor areas

Question 16

NRA

Answer 16

national recovery administration, set prices/work hours, ban child labor

Question 17

HOLC

Answer 17

home owners loan corporation, gave govern. loans to people who might lose homes to foreclosure

Question 18

FHA

Answer 18

federal housing administration, loans for new houses/repairs (mortgages)

Question 19

Supreme Court Struck Down

Answer 19

NIRA-gave legislative powers to executive branches(setting prices of goods)
AAA-agriculture is state not federal matter (paid farmers to waste NEEDED food)

Question 20

Soil conservation/domestic allotment act

Answer 20

eliminated part of tax declared unconstitutional

Question 21

resettlement administration

Answer 21

helped farmers resettle on better land

Question 22

FSA

Answer 22

farm security administration, help farmers own land

Question 23

WPA

Answer 23

Works Progress Administration, 5 billion for public works, employed teachers/writers/artists/actors

Question 24

NYA

Answer 24

National Youth Administration, student financial aid, work study programs

Question 25

Wagner Act

Answer 25

federal government supported workers in joining unions/bargaining with employers, set up National Labor Relations Board (NLRB) which helped set up unions

Question 26

Fair labor standards act

Answer 26

passed after NIRA was banned, set minimum wage/maximum work week, banned child labor

Question 27

Social security act

Answer 27

old age insurance for retirees/their spouses, unemployment compensation, aid to families w/ children/the disabled

Question 28

REA

Answer 28

Rural Electrification Act, promoted rural electrification and regulated utilities

Question 29

Employment compensation was..(hint:$) What Act?

Answer 29

federal tax funded and state administered, social security act

Question 30

aid to families w/ dependent children/the disabled was ($$).. What act?

Answer 30

Federal funds to states/social security act

Question 31

Indian reorganization act

Answer 31

Prohibited government from taking unclaimed reserved lands, important for those who believed in tribal traditions

Question 32

Recovery

Answer 32

NIRA, SCOAA

Question 33

Reform

Question 34

Relief