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Great Depression and New Deal
la la
31
History
10th Grade
02/10/2010

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Cards

Term
Emergency Banking Relief Act
Definition
FDR ordered all banks in the US closed during a special "bank holiday" This stopped worried depositors from rushing to the banks and withdrawing their savings. Some banks had made bad loans and did not have neought money to pay back depositers. Under this law, banks were inspected by the Trasury Department and those stable would re open and those unstable would stay closed.
Term
Civilian Conservation Corps
Definition
The first New Deal program aimed at putting people back to work. Some 2 and 1/2 million young men planted about 17 million acres of trees, bult dams, and improved the national parks.
Term
Federal Emergency Relief Act
Definition
This law provided money ofr food and other necessities for the unemployed
Term
Agricultural Adjustment Act
Definition
Congress passed legislation which granted payments to farmers who agreed not to grow wheat, corn, tobacco, and certain other crops. With fewer crops being produced, farm prices went up and farmers were better off.
Term
Tennessee Valley Authority
Definition
It was created by Congress to carry out one of FDR's most far reaching New Deal programs. thousands of people were given jobs building 32 major dams to control flooding, improve navigation, and produce electricity in a seven state area drained by the Tennessee River and its tributaries
Term
Glass Steagall Act
Definition
This law established the Federal Deposit Insurance Corporation which guaranteed that the federal government would repay depositors who lost money when banks failed
Term
Naitonal Industrial Recovery Act
Definition
Set up the Publick Works Administration which gave 6 billion to state and city governments for a variety of projects. About 500 000 workers helped construct highways, bridges, airports, schools, and public housing units.
Term
National Housing Act
Definition
The Federal Housing Admin was created to stimulate residential construction by guaranteeing home mortgages. If a person who borrowed money from a bank to build a new home could not make his loan payments, FHA would pay back the bank. FHA would take possession of the house and try to sell it to someone else at a reasonable price. Because the fed government insured the repaybment of loans by homeowners, banks were more willing to give people money to build houses. The result was an increase in construction and a boost for the housing industry which had been severly hurt
Term
Works Progress Administration
Definition
President Roosevelt and Congress started this agency in order to give jos to the unemployed. An estimated 8 and 1/2 million Americans were put to work building 651, 000 miles of roads, more thatn 75,000 bridges, 125,000 public buildings, 8,000 parks, 800 landing fields, and thousands of other construction projects
Term
National Labor Relations Act
Definition
It was the most important labor law of the New Deal period. it upheld the right of workers to organize unions an bargain collectively. The National Labor Relations Board was established to deal with worker's complaints of unfair practices by employers. The law was also called the Wagner Act because it was sponsored by Senator Robert F Wagner of NY
Term
Social Security Act
Definition
To help elderly Americans during the Great Depression, monthly payments were made to retired workers or their survivors. Money was also distributed to workers who lost their jobs and for the care of dependent and crippled children
Term
Civilian Conservation Corps
Definition
provided jbos for single males on conservation projects
Term
Federal Emergency Relief Administration
Definition
helped states to provide aid for the unemployed
Term
Civil Works Administration
Definition
provided work in federal jobs
Term
Works Progress Administration
Definition
quickly created as many jobs as possible from construction to music to art
Term
National Youth Administration
Definition
provided job training for unemployed young people and part time jobs for needy students
Term
Emergency Banking Relief Act
Definition
banks were inspected by Treasury Department and those stable could reopen
Term
Federal Deposit Insurance Corporation
Definition
protected bank deposits up to $5,000
Term
National Recovery Administration
Definition
established codes for fair competition
Term
Banking Act of 1935
Definition
created 7 member board to regulate the nation's money supply and the interest rates on loans
Term
Food Drug and Cosmetic Act
Definition
required manufactuers to list ingredients in foods, drugs, and cosmetic products
Term
Agricultural Adjustment Administration
Definition
aided farmers and regulated crop production
Term
Tennessee Valley Authority
Definition
developed the resources around the Tennesse Valley
Term
Rural Electrification Administration
Definition
provided affordable electricity for isolated rural areas
Term
Home Owners Loan Corporation
Definition
loaned money at low interest to homeowners who could not meet mortgage payments
Term
Federal Housing Administration
Definition
insured loans for building and repairing homes
Term
United States Housing Authority
Definition
provided federal loans for low-cost public housing
Term
National Labor Relations Board
Definition
defined unfair labor practices and established the National Labor Relations Board to settle disputes between employers and employees
Term
Fair Labor Standards Act
Definition
Established a minimum hourly wage and a maximum number of hours in the workweek fo rthe entire country. Set rules for the employment of workers under 16 and banned hazardous factory work for those under 18
Term
Fair Labor Standards Act
Definition
Term
Social Security Administration
Definition
provided a pension for retired workers and their spounses and aided people with disabilities
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