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Honors Ch 23
Roosevelt and the New Deal
| Question | Answer |
|---|---|
| Civil Works Administration | Hired workers directly, including thousands of women to build or improve airports, roads and playgrounds |
| Works Progress Administration | Sponsored the controversial "Federal Number One" program |
| This agency covered people's avings in banks against loss | FDIC- Federal Deposit Insurance Corporation |
| This Agency awarded contracts to construction companies to build highways, damns, schools and other facilities | PWA- Public Works Administration |
| This legislation subsidized loans for builders willing to buy blocks of slums and build low-cost housing | The National Housing Act |
| This Act established a 40 hour workweek for many workers | Fair Labor Standards Act |
| This act required companies that sold stocks and bonds to provide complete and truthful info to investors | Securities Act |
| This prohibited commerical banks from speculating on the stock market | Glass-Steagall Act |
| This formed in opposition to the New Deal | American Liberty League |
| This was established to provide some secuirty fo unemployed workers | Social Security Act |
| What is a bank holiday? | It is when a bank closes to prevent a "run on the bank". |
| What does "New Nationalism" support? | The idea that the government should work with business (not against it). |
| What was the 1st thing FDR did as President? | He closed all of the banks to establish which ones were healthy enough to re-open. He wanted to restore people's confidence in the banks. |
| How did FDR win popularity as governor of NYC? | He helped people economically (helped get them back on their feet). |
| What does the Securities and Exchange Commission do? | It regulates the stock market |
| What did the National Industrial Recovery Act set up? | codes of fair competition |
| What was the Townsend plan? | A plan to free up jobs for the unemployed |
| What Supreme Court Case struck down the NIRA? | Schecter v. United States |
| Framers of the Social Security Act saw it primarily as an... | Insurance Bill :) |
| Why was FDR's Court Packing Plan a mistake? | It interfered with the Constitution'ns Separation of Powers. |