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19 Cards in this Set
- Front
- Back
- 3rd side (hint)
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President Hoover
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A Republican who believed in laissez-faire economics (no government intervention).
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Hoover Dam, $1 billion into public affairs
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New Deal
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Set of programs designed by Pres. Roosevelt that focused on relief, recovery, and reform.
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Created Social Security
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Reconstruction Finance Corporation (RFC)
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Gave emergency loans to stop banks and businesses from going bankrupt
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Pres. Hoover,
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Federal Deposit Insurance Corporation (FDIC)
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Insured bank deposits
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Insurance, banks
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Securities and Exchange Commission
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Created to regulate the stock market
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Stock market, regulation
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Agricultural Adjustment Act (AAA)
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Sought to end overproduction and raise crop prices
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Tennessee Valley Authority
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Controlled floods and generate electricity by building a series of dams.
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Civilian Conservation Corps (CCC)
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Provided jobs for more than 2 million young men. Replanted forests, built trails, dug irrigation ditches, and fought fires.
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Federal Emergency Relief Act (FERA)
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Granted federal funds to state and local agencies to help the unemployed.
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Civil Works Administration (CWA)
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Provided jobs on public-works projects.
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Home Owners Loan Corporation (HOLC)
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Loaned money at low interest rates to home owners who could not meet mortgage payments.
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Federal Housing Administration (FHA)
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Insured bank loans used for building and repairing homes.
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National Recovery Administration (NRA)
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Developed codes of fair competition to govern whole industries.
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Public Works Administration (PWA)
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Responsible for building any important projects (Dams, bridges, power plants, and government buldings).
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Charles Coughlin
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Accused FDR of not doing enough to fight the depression.
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Huey Long
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Proposed a "Share Our Wealth" program that would place high taxes on the wealthy and large corporations, and the redistribution of their income to poor Americans.
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Works Progress Administration (WPA)
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Built or improved a good part of the nation's highways, dredged rivers and harbors, and promoted soil and water conservation.
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John Maynard Keynes
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Argued that deficit spending was needed to end the depression.
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Social Security Act
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Unemployment insurance for workers who lost their job. Also provided insurance for victims of work-related accidents and aided poverty-stricken mothers and children, the blind, and the disabled.
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