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Great Depression/FDR
Everything FDR did to provide relief, reform, and recovery to Americans
Term | Definition |
---|---|
New Deal | Created by FDR, was intended for the common man to help themselves. Was introduced to address the failures of Hoover's presidency, which caused the great depression. |
Bank Holiday | All banks were closed for a week in order prevent more money to be withdrawn. |
First 100 Days | Congress basically gave FDR a blank check in order to be able to pass any plan that he wanted to pass. |
Emergency Banking Relief Act | Allowed the President to be able to regulate banking. Was very important during the Great Depression. |
Fireside Chats | Were radio broadcasts by FDR that got people to trust banks again. |
Glass Steagall Banking Reform Act | Insured deposits through the FDIC. |
CCC(Civilian Conservation Corps) | Employed 3 million men to improve public lands. |
FERA(Federal Emergency Relief Administration) | Gave money to state governments in order to create jobs and give welfare checks. |
CWA(Civil Works Administration) | was implemented by FERA, was made to create temporary jobs for the jobless. |
WPA(Works Progress Administration) | Created construction jobs by improving infrastructure. |
NRA(National Recovery Administration) | Helps industry, labor, and unemployment to recover. |
Wagner Act | Allowed collective bargaining. |
AAA(Agricultural Adjustment Administration) | Paid farmers to destroy their crops. Would make crops more valuable, helping farmers. |
Frazier-Lemke Farm Bankruptcy Act | Would help farmers avoid foreclosure by giving them a 5 year brake on the foreclosure of their farms. |
Indian Reorganization Act | Removed the Dawes Act, wanted Indians to have stronger political power in their tribes, and to have them keep their traditional ways. Also allowed them to keep tribal lands. |
TVA(Tennessee Valley Authority) | Was the creation of of a hydro-electric power plant in the extremely poor Tennessee Valley. Provided relief and recovery through jobs being created. The government was able to regulate electricity after this. |
FHA(Federal Housing Administration) | Gave loans to homebuyers. |
Social Security | A small amount of money taken out of every paycheck that is paid to retirees. |
Fair Labor Standards Act | Created a minimum wage and maximum hours. |