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Mr. Stickler's Liberty Christian HIST 11 "The New Deal" Flashcards 2017

What was the "New Deal"? This was the name given to President Roosevelt's policies for ending the Great Depression. (Pg. 423)
What does the term "gold standard" mean/ refer to? This term refers to "a monetary standard in which one ounce of gold equaled a set number of dollars". (Pg. R92)
What are "bank holidays" and why were they instituted? These are days during which all banks would be closed. It was instituted before "bank runs" could put the remaining banks out of business. (Pg. 424)
What were "fireside chats"? This was the nickname given to radio programs in which President Roosevelt talked to the American people directly to let them know what he was doing to end the Great Depression. (Pg. 425)
What did the "Securities Act of 1933" require? This required that companies that sold stocks and bonds provide complete and truthful information to investors. (Pg. 426)
What was the "Glass - Steagall Act of 1933"? This act "separated commercial banking from investment banking". (Pg. 426)
What was the Home Owner's Loan Corporation? This was a corporation formed to help homeowners make their mortgage payments. The corporation bought many homeowner's mortgages who were behind in their payments, then restructured them so payments would be lowered. (Pg. 427)
What was the Farm Credit Administration? This program was designed to help farmers refinance their mortgages. The FCA lent 4 times as much money to farmers as the entire banking system had the years before. (Pg. 427)
What is the Federal Deposit Insurance Corporation (FDIC)? This corporation provides government insurance for bank deposits up to a certain amount. It was created to help increase the public's confidence in the bank's ability to protect their money. (Pg. 426)
What is the Securities and Exchange Commission (SEC)? This commission was created to help regulate the stock market and prevent fraud. (Pg. 426)
What was the Agricultural Adjustment Act (AAA)? This Act paid some farmers to NOT grow certain crops and raise certain livestock. President Roosevelt hoped that by doing this, these crops & livestock would become much more scarce, allowing for prices to increase. (Pg. 428)
What was the National Industrial Recovery Act (NIRA)? This Act suspended antitrust laws and allowed business, labor (i.e. unions), and the government to cooperate in setting up voluntary rules for each industry. (Pg. 429)
What was the Civilian Conservation Corps (CCC)? The CCC offered unemployed young males from the ages of 18 to 25 the opportunity to work under the direction of the forestry service planting trees, fighting forest fires, & building reservoirs. (Pg. 430)
What was the Federal Emergency Relief Administration (FERA)? FERA initially channeled money to state and local agencies to fund their relief programs. (Pg. 431)
What actions did President Roosevelt take during the Hundred Days? President Roosevelt began to fix the banks and stock market, help farmers and the unemployed, and assist industry, as well as provide debt relief.
How did government regulate banks and the stock market in the first Roosevelt administration? Congress created the Securities and Exchange Commission and the Federal Deposit Insurance Corporation.
How did the ideas of Father Coughlin, Senator Long, and Dr. Townsend differ? Coughlin: said tax the rich and nationalize the banking system; Long: said share the wealth; Townsend: said we should provide pensions for the elderly.
Why was the Social Security Act an important piece of legislation? It provided a basic social safety net for the elderly, the unemployed, and other vulnerable groups.
What caused a recession early in Roosevelt's 2nd term as president? The recession was created when Social Security began making payments just as WPA and PWA programs were cut.
How did the New Deal expand federal power over the economy? The New Deal introduced federal regulations in agriculture, industry, banking, and the stock market. It also established the minimum wage.
List the names of the groups that made up the New Deal Coalition. 1.) African Americas; 2.) Farmers; 3.) Labor (i.e. Unions); 4.) Minorities; 5.) New Immigrants; 6.) Women; 7.) Intellectuals; 8.) and Progressives.
What does the term "broker state" mean/ refer to? This term refers to a situation in which the government works out conflicts among different interests. (Pg. 445)
What does the term "binding arbitration" mean/ refer to? This term refers to "a process whereby dissatisfied union members could take their complaints to a neutral party who would listen to both sides and decide on the issues". (Pg. 438)
What is a "sit-down strike"? This is a situation in which employees stopped work inside the factory and refused to leave. (Pg. 438)
What is the National Labor Relations Board? This board organized factory elections by secret ballot to determine whether workers wanted a union. (Pg. 437)
What does the term "Dust Bowl" mean/ refer to? This was the name given to drought-stricken Southern Plains region of the United States, which suffered severe dust storms during a dry period in the 1930s. (Video Notes.)
List three (3) health problems that resulted from the "Dust Bowl" phenomena. 1. "Dust Pneumonia"; 2. Eye Infections; 3. Strep Throat. (Video Notes.)
What caused the "Dust Bowl" phenomena? After World War I, farmers plowed up millions of acres of native grassland. Once native grasses were gone, there was nothing left to hold the topsoil in place. High winds caused the soil to become airborne. (Video Notes)
According to the video that we watched at the beginning of the unit, who was Frank Crowe? He was the chief engineer in charge of building the Hoover Dam. (Video Notes.)
What problem did workers encounter once they poured the huge amounts of concrete needed to build the Hoover Dam? After pouring the concrete, builders of the Hoover Dam had to find a way to lower the temperature of the concrete mix so that it would set properly. (Video Notes.)
According to the video that we watched in class, what was the initial (i.e. "first") event that triggered the Great Depression? This event was triggered when an unknown man tried to withdraw all of his money from his local bank & was told they did not have his money. He spread the word that banks did not have customer's money, which started the "bank rush". (Video Notes)
Created by: sticklerpjpII