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Hist 1493 Test 4
Terms and Men to Know
55
History
Undergraduate 1
07/27/2011

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Term
Reconstruction Finance Corporation
Definition
1932. This made emergency loans to life insurance companies, financial institutions, and railroads after the Great Depression hit.
Term
1931 Moratorium
Definition
This said that during the 1931 fiscal year, any company that owes the country money doesn't have to pay anything for that year.
Term
"New Deal"
Definition
This is FDR's domestic program and it was centered on 3R's: Relief, Recovery, and Reform.
Term
4 Day National Banking Holiday
Definition
FDR declared this so that all the banks in the nation could be inspected to make sure they were safe and solid. Those that were found to be safe and solid remained open, while those that weren't were closed.
Term
"Fireside Chats"
Definition
These were radio addresses from FDR. The first one told the American people that all banks had been inspected and that the ones that were still open were safe. This stopped runs on the banks.
Term
Federal Deposit Insurance Corporation
Definition
FDIC. This means that the government will insure people's money in banks and financial insitutions up to a certain amount so if something bad happens again, people don't lose everything.
Term
Securities and Exchange Commission
Definition
This supervised all stockmarket transactions.
Term
PWA
Definition
This was the Public Works Administration. It put together many government supported public works projects to create jobs for Americans after the Great Depression.
Term
CCC
Definition
Civilian Conservation Corps. This may have been the most popular of all the government aid attempts at the time. It opened up several conservation projects for more people to work on.
Term
NYA
Definition
National Youth Administration. This created part time jobs to keep students in high school and college.
Term
Reciprocal Trade Agreements
Definition
These were formed in an effort to boost the US economy. They said that if other countries will cut their tariffs, the US will too up to 50%. 21 of these agreements were made with other nations.
Term
Cordel Hull
Definition
Was FDR's Secretary of State and was responsible for negotiating the 21 reciprocal trade agreements with various nations.
Term
Wagoner Act
Definition
Formally: The National Labor Relations Act. This was a pro-labor act that guaranteed larbor the right to organize, strike, picket, and boycott.
Term
Social Security Act
Definition

1935. This act was created to 1. give old age pensions and

2. develop a federal and state cooperative program of unemployment insurance.

Term
HOLC
Definition
Home Owners Loan Corporation. This offered longer term, lower interest rate mortgages to help people keep their houses.
Term
TVA
Definition
Tennessee Valley Authority. This set the foundation for electricity to take root throughout the nation.
Term
Cash-and-Carry
Definition
This was set up during the 1935-1937 Neutrality Acts and basically said that any country that was buying non-munition goods from America could do so by paying cash and transporting goods on their own ships only.
Term
Blitzkrieg
Definition
This was Hitler's war machine. It literally meant "lightning war" and means the use of tanks, rockets, airplanes, and bombing.
Term
Luftwaffe
Definition
This was the German Air Force, which was part of Blitzkrieg.
Term
Selective Service Act of 1940
Definition
This was the first ever peacetime draft. It was implemented to get ready for a war.
Term
Destroyer-Bases Deal
Definition
The US traded 50 over-age destroyers to England in exchange for long term air and naval base leases on British possessions in the Western Hemisphere.
Term
RAF
Definition
The Royal Air Force. This was Britain's Air Force.
Term
"Black Sunday"
Definition
Sunday, December 7, 1941. This was the day of the devastating attack on Pearl Harbor at 7:53 AM. This will ultimately be the event that brings the US into WWII.
Term
Donald Nelson
Definition
Head of the war production board during WWII.
Term
Leon Henderson
Definition
Head of the Office of Price Administration during WWII. They set ceilings on prices and started mandatory rationing.
Term
William Davis
Definition
Head of the war labor board during WWII.
Term
GI
Definition
Government Issued
Term
V-E Day
Definition
Victory in England. May 8, 1945.
Term
V-J Day
Definition
Victory in Japan. September 2, 1945.
Term
1st Atomic Bomb
Definition
August 6, 1945. Hiroshima, Japan.
Term
2nd Atomic Bomb
Definition
August 9, 1945. Nagasaki, Japan.
Term
Potsdam Conference
Definition
17 days in July 1945. Japan was given an ultimatum by Truman to either surrender or be destroyed.
Term
Yalta Conference
Definition
February 4-11, 1945. Soviet Union. US makes many concessions to the Soviet Union and Stalin in order to get them to enter the war with the US against Japan.
Term
Berlin Blockade
Definition
1948. Russia was afraid that Berlin would be turned into a democracy to they put up a serious blockade of traffic, railroads, etc. The US answered with the Berlin Airlift and the blockade was soon lifted.
Term
Douglas MacArthur
Definition
He was famous for his fighting in the Philippines, his occupation of Japan after WWII and he was fired by Truman during the Korean War.
Term
Cold War
Definition
Soviet efforts to extend communism and American countermoves to halt its spread. It was basically fought with economic, political, and democratic weapons, but it was occasionally fought with real arms during hot wars.
Term
Truman Doctrine
Definition
This granted $400 million of US aid to Greece and Turkey
Term
Marshall Plan
Definition
Officially called the European Recovery Program. It lasted 4 years. It took $15 Billion of US aid and helped 16 countries in Western Europe to get back on their feet after WWII.
Term
NATO
Definition
North Atlantic Treaty Organization. This was a collective security pact to protect Western Europe against communism.
Term
Warsaw Pact
Definition
This was formed by 8 communist countries as a pact to protect them against democracy.
Term
Senator Joseph R. McCarthy
Definition
He was a Wisconson Senator who was responsible for starting the second "Big Red Scare"
Term
Alger Hiss
Definition
This man was accused of being a communist spy under FDR's state department in the 1930's. He was taken to court, found guilty of purgery and sent to prison.
Term
"New Frontier"
Definition
This was Kennedy's domestic program.
Term
"Great Society"
Definition
This was Lyndon B. Johnson's domestic program.
Term
Food, Drug, and Cosmetic Act
Definition
This expanded the previous Food Inspection Act. It required that all food, drugs, and cosmetics must be inspected and properly labeled before they go to the general public.
Term
Manhattan Project
Definition
This was the project to develop and create the atomic bomb.
Term
Benito Mussolini
Definition
He was the dictator and fascist leader of Italy.
Term
Rome-Berlin-Tokyo Axis
Definition
During WWII, Japan joined with Italy and Germany to form this alliance.
Term
Francisco Franco
Definition
A General in the Spanish Army who led revolt duing the Spanish Civil War. He later gained dictatorship over Spain.
Term
Winston Churchill
Definition
He was Britain's wartime Prime Minister
Term
General Bernard L. Montgomery
Definition
He was the leader of the British Eighth Army that defeated Rommel's Africa Corps in Egypt.
Term
"Desert Fox"
Definition
Marshal Erwin Rommel led the Africa Corps against General Montgomery and lost.
Term
"D-Day"
Definition
June 6, 1944. This was the largest amphibious operation in history. It consisted of the allied forces storming ashore in Normandy, France.
Term
Dwight D. Eisenhower
Definition
Led the allied forces on D-Day.
Term
Admiral Chester Nimitz
Definition
He led the offensive island-hopping movement of the US Navy in the Central Pacific.
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