Podcast
Questions and Answers
What was the purpose of the Bank Holiday as used by FDR?
What was the purpose of the Bank Holiday as used by FDR?
What did the Glass-Steagall Banking Act create?
What did the Glass-Steagall Banking Act create?
Federal Deposit Insurance Corporation
What did the Federal Securities Act regulate?
What did the Federal Securities Act regulate?
Sale of securities
What was one of the main effects of the Agricultural Adjustment Act?
What was one of the main effects of the Agricultural Adjustment Act?
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What was the goal of the Civilian Conservation Corps (CCC)?
What was the goal of the Civilian Conservation Corps (CCC)?
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How much money did the Federal Emergency Relief Administration distribute to the states?
How much money did the Federal Emergency Relief Administration distribute to the states?
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What was the Public Works Administration (PWA) focused on?
What was the Public Works Administration (PWA) focused on?
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What was the purpose of the Civil Works Administration?
What was the purpose of the Civil Works Administration?
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When was the Tennessee Valley Authority (TVA) created?
When was the Tennessee Valley Authority (TVA) created?
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What was the Home Owner's Loan Corporation established for?
What was the Home Owner's Loan Corporation established for?
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What did the National Industrial Recovery Act create?
What did the National Industrial Recovery Act create?
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What type of loans did the Federal Housing Administration provide?
What type of loans did the Federal Housing Administration provide?
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What was the goal of the Works Progress Administration?
What was the goal of the Works Progress Administration?
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What was the purpose of the National Youth Administration?
What was the purpose of the National Youth Administration?
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What was the primary focus of the Wagner Act?
What was the primary focus of the Wagner Act?
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What did the Rural Electrification Act aim to provide?
What did the Rural Electrification Act aim to provide?
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What was one of the main achievements of the Social Security Act?
What was one of the main achievements of the Social Security Act?
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Study Notes
New Deal Key Terms and Definitions
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Bank Holiday
- Implemented by FDR to restore trust in banks and enhance their solvency for the American populace.
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Glass-Steagall Banking Act
- Led to the formation of the Federal Deposit Insurance Corporation.
- Aimed to stabilize banking and prevent future economic crashes, ensuring personal bank deposits were protected.
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Federal Securities Act
- Shifted regulation of securities sales from state to federal control, increasing oversight.
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Agricultural Adjustment Act (AAA)
- Provided financial compensation to farmers affected by the Great Depression.
- Aimed to stabilize job security and improve the farming industry post-Dust Bowl.
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Civilian Conservation Corps (CCC)
- Created government jobs focused on environmental protection and welfare.
- Reduced the poverty rate by providing employment relief during the Great Depression.
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Federal Emergency Relief Administration (FERA)
- Allocated $500 million to states to manage economic crises, a move criticized by Hoover.
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Public Works Administration (PWA)
- Aimed at federal-level construction and infrastructure development as part of the New Deal.
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Civil Works Administration (CWA)
- Job creation initiative for unemployed laborers, focused on building essential infrastructure.
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Tennessee Valley Authority (TVA)
- Established in 1933, it facilitated projects in electricity generation, housing, and environmental stewardship, enhancing welfare support.
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Home Owner's Loan Corporation (HOLC)
- Created in 1933 to refinance mortgages and prevent foreclosures during economic hardship.
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National Industrial Recovery Act (NIRA)
- Introduced the Wagner Act and emphasized work ethics and employment for the unemployed, injecting funds to stimulate the economy.
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Federal Housing Administration (FHA)
- Established in 1934 to promote the housing market through small loans to builders.
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Works Progress Administration (WPA)
- Employed millions for public works and arts projects to document the Great Depression experience.
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National Youth Administration (NYA)
- Focused on providing education and job opportunities for youth aged 16-25.
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Wagner Act
- Enacted in 1935, it facilitated the formation of labor unions, significantly impacting workers' rights.
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Rural Electrification Act
- Created federal loans to power companies to improve electricity access in rural areas.
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Social Security Act
- Established in 1935, it offered financial support to the elderly and unemployed through a payroll tax system, marking a significant advancement in American welfare.
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Description
Explore the fundamental concepts of the New Deal with these flashcards focused on relief, recovery, and reform. Learn about key terms such as the Bank Holiday and the Glass-Steagall Banking Act, and understand their significance in the context of FDR's policies. Ideal for students studying American history.
