New Deal - 9th Grade U.S. History Flashcards
(20 cards)
Glass-Steagall Act
Created FDIC; Requires cautious bank action
Federal Deposit Insurance Corporation (FDIC)
Insures banks using federal funds
Federal Securities Act
Corporations must provide complete info on stock offerings; Liable for misinformation; Created SEC; prevents rigging of stocks
Securities and Exchange Commission (SEC)
Regulates stock market
21st Amendment
Repeals prohibition
Agricultural Adjustment Act (AAA)
Incentivized lowered farm production; Paid farmers to not seed fields; Processing tax; Struck down by SCOTUS
Tennessee Valley Authority (TVA)
Developed poor Tennesee Valley; Renovated/Constructed dams
Civilian Construction Corps (CCC)
Hired men 18-25; Planted trees, built roads; Employed millions of young men; provided states money for public buildings; Created CWA
Civil Works Administration (CWA)
Created 3 million jobs; Constructed 90k schools; 1/2 million miles of road; Paid 50,000 teacher salaries
National Industrial Recovery Act (NIRA)
Created fair industrial practices framework; Created NRA;
National Recovery Administration (NRA)
Set prices on products for competition; Work hour standards; No child labor; Unionization Legalized
National Housing Act
Created HOLC; Furnished loans for home mortgages
Homeowners Loan Corporation (HOLA)
Provided loans to homeowners who faced forclosure
Federal Emergency Relief Act (FERA)
500 Million in direct relief: Stipends, to state gov
NIRA Supreme Court Case
Federal gov can’t overpower private buisness
AAA Supreme Court Case
Processing tax found discriminatory
Court Packing Bill
Wanted to add judges for every judge over 70
Second AAA
Removed processing tax
Farmer Security Administration (FSA)
Documented rural life in dust bowl; Helped tenant farmers become land holders; Established migrant worker camps
Workers Progress Administration (WPA)
Created as many jobs as possible; Unskilled workers; Documented former enslaved people’s stories; 300 million garments for needy
