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New Deal

Roosevelt's Economic Plan

QuestionAnswer
Civilian Conservation Corporation: Recovery -offered work to unemployed young men. Offered houseing, planted trees, built bridges and parks. CCC
Tennessee Valley Authority: Recovery - built dams and provided inexpensive electricity to southern states. TVA
Federal Housing Administration: Reform to regulate mortgage interest rates for homeowner loans. FHA
Social Security Act: Relief passed in 1935 to provide Americans with retirement benefits. Mandated unemployment and disability insurance. Workers and employers pay into this fund. SSA
Securities and Exchange Commission: Reform to oversee the stocks and bonds market. It regulates to protect the investors and public from abuses. SEC
Benefitted most workers and continues to do so. Reform: Set minimum wage, created 9-5 workday and established a 5 day workweek. It mandated a 5 day; 40 hour workweek establishing overtime after that. This was not established to create a shorter work week, Fair Labor Standards Act
Chats or informative and easily understood radio addresses to the American public to restore confidence. These chats brought FDR right into every American's living room. Fireside Chats
Giving unemployed, needy people government jobs. Work relief
Grants of money paid to someone. Subsidy
The new laws and proposed by FDR and passed by Congress during Roosevelt's administration. New Deal
Our 32nd President: Frankiin D. Roosevelt -1933 to 1945. died in office. FDR
Purchasing stock by paying only a fraction of its worth and borrowing the rest from their broker in hopes of paying him back. Buying on Margin
An organized system for buing and selling shares or investments in corporations. Stock Exchange
Fail to meet loan payments. Default
Aid to the needy. Relief
Federal Deposit Insurance Corporation - Reform set to renew confidence in banks. Guaranteed funds in the bank up to $2,500 then and $100,000 now. FDIC
Created by: sweitzern2
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