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Chapter 19

QuestionAnswer
Glass-Steagall Banking Act Prohibited banks from speculating on the stock market
Civilian Conservation Corps Put young men to work; planting trees, fighting forest fires, building trails, etc.
Wagner Act Right to organize unions and bargain collectively
Works Progress Administration Helped artists, musicians, actors, and writers work
Public Works Administration Help construction companies work
National Labor Relations Board Organize secret ballots to see if workers wanted unions.
Securities Act of 1933 Companies had to provide truthful information about stocks and bonds.
Civil Works Administration Hired workers directly, including women. Improved airports, built roads, playgrounds, etc.
National Recovery Administration Declared unconstitutional in 1935
Federal Deposit Insurance Corporation Covered the money that people saved in banks against laws
Intervention in the economy Franklin Roosevelt believed the government should intervene in the economy
New Deal End the depression. The government invested money into the economy, made new jobs, and fed people.
Restore confidence First thing Roosevelt did to fight the depression
Senator Huey Long Wanted to redistribute wealth
Second New Deal Why? Roosevelt launched new deal because the first new deal programs hadn’t recovered the economy enough
Social Security Act Federal government is responsible for people unable to work
New Deal helped address the needs of which groups? Woman, African Americans, and laborers
Court Packing Plan Roosevelt's court packing plan was a serious mistake because it interfered with the constitution and separation of power.
Decreasing government spending Put the economy back into a recession. Led to the second new deal
The broker estate When the government works out conflicts
Stock market crash. Main reason for stock market crash was buying stocks on margin
Contributed to the Great Depression. Overproduction, poor banking, and speculation
New Deal Policies by FDR to help us out of the great depression
The CCC Provided immediate employment to young men to do public works projects.
Hoovervilles People were lost jobs and were kicked out of their houses, stayed in shelters made out of scraps
What did the New Deal provide? Jobs, home loans, and took care of the American worker
Discuss the New Deal’s legacy, including its effectiveness in dealing with the Depression and its lasting effects on the role of government. fundamentally redefined the American government from a passive entity to an active guarantor of economic stability and social welfare, although it did not fully
Created by: user-2010837
 

 



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