Chapter 25
Terms
undefined, object
copy deck
- Resettlement Administration 1935
- Made loans to help small farmers buy their own farms and to enable sharecroppers and tenants with bad soil to move to more productive areas
- Reconstruction Finance Corporation
- Congress set up $2 billion. It made loans to major economic institutions such as banks, insurance companies and railroads.
- Civilian Conservation Corps1933
- It employed jobless youths in projects like reforestation and public projects.
- National Labor Relations Act 1935
- guaranteed collective bargaining rights, permitted closed shops
- Fair Labor Standards Act 1938
- banned child labor and established a national minimum workweek of 40 hrs.
- The Federal Deposit Insurance Corporation 1933
- It ensured all bank deposits over $5000 and to separate deposit banking from investment banking.
- Mary McLeod Bethune
- African-American. served as director of minority affairs in the National Youth Administration. • Bethune led the black cabinet that acted as a link between Roosevelt administration and black organizations.
- Emergency Relief Appropriation Act 1935
- granted FDR $5 billion to spend. He set up the Works Progress Administration that funneled relief assistance directly from fed govn't individuals.
- Francis E. Townsend
- proposed that the govn't pay $200 each month to all retired citizens over 60, requiring only that the $ be spent within 30 days.
- Dust Bowl
- A drought in the 1930s that turned the Great Planes very dry.
- Harold L. Ickes
- A Republican Progressive that helped organize liberal Republicans for Roosevelt in 1932
- Federal Emergency Relief Act 1933
- Federal money $500 million that was given to states for direct relief.
- Federal Securities Act 1933
- Allowed investors to get complete information about new securities. Regulated the sale of stocks. required corporate executives to give the Federal Trade Commission full information on all stock offering and made them personally liable for any misrepresentation of securities issued by their companies.
- John Maynard Keynes (Keynesianism)
- believed that the economy needed the debt in order to learn how to reverse it
- Huey Long
- As senator in 1932 of Washington preached his "Share Our Wealth" programs. It was a 100% tax on all annual incomes over $1 million and appropriation of all fortunes in excess of $5 million. With this money Long proposed to give every American family a comfortable income, etc
- National Recovery Administration 1933
- Helped industry set up fair codes of cooperation; gave labor the right of collective bargain
- Harry Hopkins
- was appointed to administer the Federal Emergency Relief Act
- Bonus Marchers
- Protesters when the a bill to give Veterans a bonus in cash was rejected by Congress
- Francis Perkins
- The first woman cabinet member that served during FDRs presidency
- Social Security Act 1935
- established a mix of federal and state system that provided pensions for old aged people, victims of idustrial accidents, umemployment insurance, and aid for independent mothers
- When did the Depression During FDRs presidency begin
- In 1929 the collapse of the stock market on Wall Street happened
- Hundred Days
- In 1933 Congress enacted more than a dozen measures which increased the level of federal involvement in the nation's economic life
- Second New Deal
- 1935
- Agricultural Adjustment Act 1933
- Limited farm surplus by limiting production; set up banks to lend money at low interest rates
- Securities and Exchange Commission 1934
- Set up commission to supervise stock exchanges.
- Charles E. Coughlin
- won an audience of 40 million for his explosive brew of economics and politics. At first he supported the New Deal but by 1935 he was condemning FDR as a betrayer. He could not run for office, but his radio followers organized as the National Union of Social Justice threatened FDRs 1936 electoral hopes
- Oakies
- People that headed west from Oklahoma to CA and AZ
- Tennessee Valley Authority 1933
- It built a hydroelectric network that supplied cheap power while also developing a flood-control system, recreational facilities, and soil conservation program
- National Housing Act 1937
- sponsored by Senator Wagner appropriated $500 million for urban slum clearance and public housing projects
- Public Works Administration 1933
- Established public works projects to provide employment and increase business activity. Gave $3.3 billion