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History 4313 NWOSU
Terms for The New Deal
27
History
Undergraduate 4
02/08/2012

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Term
The Bank Holiday
Definition
Banks closed for 5 days to during the depression to give relief from the rush of people withdrawing funds.
Term
20th Amendment
Definition
establishes beginning and ending of the terms for elected federal offices
Term
fireside chats
Definition
a series of 30 evening radio addresses by United States president Franklin D Roosevelt between 1933-1944
Term
Keynesian Economics
Definition
[developed by John Maynard Keynes] stimulated economy by giving money to poor.
involved a predominant private sector with significant role by goverenment and public setors, economic model used late in the depression post WWII.
Term
"make work" jobs
Definition
[short term ideas from the New Deal] a job that has less final benefit than the job costs to support usually publicly offered but normal employment required. ex. the federal work jobs of the new deal.
Term
Alphabet Agencies
Definition
Also known as the New Deal Agencies, they were the uS Federal Goverment agencies created as part of the New Deal of President Franklin D Roosevelt
Term
FERA
Definition
Federal Emergency Relief Agency 1933-1935 The only agency that just gave money away.
Term
CWA
Definition
Civil Works Administration: 1933-1934
lasted only 4 months ran out of funds.
Created manuel labor jobs that paid @ 15.00 a week
Term
PWA
Definition
Public Works Administration: 1933-1939
larger project than WPA,built large buildings,had to be $25,000 or more to qualify. Headed by the sec.of the Interior was to spend 3.3 billion the first year and a total of 6 billion total
Term
WPA
Definition
Works Progress Administration: 1935-1943 (a revamp of the Civil Works Admin.) employed @ 4 million, funded Art, Writing, Music, and Theatre projects. Also construction of Public buildings and roads, was the largest project of the New Deal.
Term
CCC
Definition
Civilan Conservation Corps: 1933-1942
planted trees, land scaping(preventive) basically anthing to help the land. unemployed, unmarried men ages 18-25 only for conservation and natural resources
Term
Agriculture Adjustment Act
Definition
Part of the New Deal a US Federal Law passed May of 1933. Paid farmers subsidies to not plant parts of land and kill excess livestock to restrict ag.production. Reduced surplus to raise value, subsidy money came from taxing companies that processed farm products.
Term
TVA
Definition
Tennessee Valley Authority: set up to dam rivers that flooded frequently.
Still in place today, does electricity, flood control, development,originally served only Tennessee but now several states along the Mississippi River.
Term
REA
Definition
Rural Electrification Administration: took power from the TVA dams and powered the rural population. Until this was enacted less than 10% rural had electricity w/in 4 yrs. 25%.
Term
FDIC
Definition
Federal Deposit Insurance Corporation:1933 Was set up to be temporary but is still working today intial ins. covered up to $2,500 in deposits today covers $250,000 It also gave Federal oversight to all commercial banks for the first time and allowed national banks to branch within a state.
Term
SEC
Definition
Securities and Exchange Commision:1934 (polices the stockmarket to keep it working) a federal agency that enforces federal security laws regulates security industry, the nations stock and options exchanges and now other electronic security markets in US
Term
NYA
Definition
National Youth Administration:1935-1943
a lot like today's work study, it allowed college and high school students (16-24 yrs old) to do work projects at their schools and get paid for it. ($6-$40 a month)also paid a few students 10-25 dollars a month for work that trained them for jobs.
Term
Fair Labor Standards Act of 1938
Definition
set the minimum wage at 25 cents. The statue established a minimum wage, guaranteed time and a half and overtime for certain jobs, and prohibited employment of minor in child labor situations. (as defined in the statue)
Term
Wagner Act 1935
Definition
gave legitimacy to workers asking for more and this strenghthened unions. Also known as National Labor Relations Act it limits the means with which an employer may react to workers who create labor unions, engage in collective bargaining, or strike.
Term
Social Security Act 1935
Definition
Part of the New Deal, it was passed to limit dangers in modern American life, it insured help for old age, poverty, unemployment, widows, and fatherless children.
Came and still comes from taxing workers. Today the workers pay half and employers match that with half.
Term
AFDC
Definition
Aid to Families with Dependent Children:1935-1996 Helps families in need nealry 1% of the budget. Created by the Social Security Act provided assisstance to children of single parents or families with low or no income
Term
Indian Reorganization Act
Definition
1934 (added land to reservations)
reversed Dawes Act on communal holding of tribes abling local self governing, gave tribes managment of assessts, soverignty and self governenment, also reduced loss of land and allowed for ways to build ecomonic independence, however reduced their protection and gave oversight to Bureau of Indian Affairs.
Term
Francis Perkins, the "Black Cabinet"
Definition
1933-1945,she was the first female cabinet member, and served as the Secretary of Labor.She helped emplement the New Deal and was one of two cabinet members to serve through out all of FDR's terms as President
Term
Elenor Roosevelt
Definition
Was first lady from 1933-1945, supported the New Deal, advocated for civil rights, founded the UN Association of the United States,was a deleget to UN General Assembly, appointed by Truman as UN Rep. worked to improve womens' status and human rights.
Term
**FHA
Definition
(not in study guide) Federal Housing Administration 1934 Helped people get into houses with reduced rent, loans, and etc... insured mortgage loans
Term
**FICA
Definition
Federal Insurance Contributions Act
tax imposed by federal goverenment on employees and employers to fund social security and medicare.
Term
**Serviceman Readjustment Act
Definition
1944, nicknamed GI Bill, gave money for college to veterans and allowed for veteran loans.
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