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New Deal Vocab
vocabulary
Question | Answer |
---|---|
Federal Securities Act | a law that required corporations to provide complete, accurate information on all stock offerings |
Glass-Steagall Banking Act | the law that established the Federal Deposit Insurance Corporation to protect individuals' bank accounts |
Tennessee Valley Authority | a federal corporation established in 1933 to construct dams and power plants in the Tennessee Valley region |
Civilian Conservation Corps | an agency, established as part of the New Deal, that put young unemployed men to work building roads, developing parks, planting trees, and helping in erosion-control and flood-control projects |
Agriculture Adjustment Act | a law enacted to raise crop prices by paying farmers to leave a certain amount of their land unplanted, thus lowering production |
National Industrial Recovery Act | a law enacted to establish codes of fair practice for industries and to promote industrial growth |
Works Progress Administration & Securities and Exchange Commission | an agency, established as part of the New Deal, that provided the unemployed with jobs in construction, garment making, teaching, the arts, and other fields |
National Labor Relations Board | an agency created in 1935 to prevent unfair labor practices and to mediate disputes between workers and management |
Social Security Act | a law enacted in 1935 to provide aid to retirees, the unemployed, people with disabilities, and dependent mothers and children |
Federal Deposit Insurance Corporation(FDIC) | an agency created in 1933 to insure individuals' bank accounts, protecting people against losses due to bank failures |
Deficit spending | a government's spending of more money than it receives in revenue |