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34 Cards in this Set
- Front
- Back
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What are the four causes of the Great Depression?
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-Overproduction/Underconsumption
-Unsound Business Structure -Unwise Gov't Practices -Crash of the Stock Market |
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What were Hoover's 3 ways to solve GD?
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-Agricultural Marketing Act
-Public Works -Reconstrustion Finance Corp. |
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What were the New Deal goals?
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-Relief (for unemployed)
-Recovery (get out of GD) -Reform (finances, so GD doesnt happen again) |
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What did the Emergency Banking Act do?
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Declares bank holiday (closes all banks)
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Glass-Steagall Act
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Banks cannot invest in Stock Market
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SEC
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Securities and Exchange Commission- Regulates Stock Market
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AAA
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Agricultural Adjustment Act- paid Farmers not to grow crops
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CCC
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Civillian Conservation Corp- Hires single men to plant trees and build roads
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NIRA
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National Industrial Recovery Act- Build schools and community buildings
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PWA
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Public Works Administration (NIRA)- Provides money for states to build
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CWA
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Civil Works Administration (NIRA)- Gov't hires directly
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NRA
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National Recovery Admin. (NIRA)- Established minumum wage, limites hours, set product prices and limited production
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HOLC
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Home Owners Loan Corp.- Longer mortgage terms at lower rates
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FERA
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Federal Emergency Relief Act- Gives money to states for food and clothing for unemployed
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TVA
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Tennessee Valley Authority- Construsts dams and powerplants in Tennessee Valley
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WPA
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Workers Progress Admin.- Federal Work Relief programs
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2nd AAA
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Fixes unconstitutional parts, paid farmers not to produce, creates food stamps
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FSA
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Farm Securities Administration- Provides low interest rates for farmers to buy land
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SSA
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Social Securities Act- Provides assistance to elderly, disabled and unemployed
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Wagner Act
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Right of unions to organize
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Fair Labor Standrard Act
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Replaced NRA, established minimum wage, oulaws child labor
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AFL
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American Federation of Labor- Craft union for specialty jobs
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CIO
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Congress of Industrial Organizations- Organized industrial unions
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Schechter vs. U.S.
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Declared NRA unconsitutional
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Butler vs. U.S.
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Declared AAA unconstitutional
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American Liberty Legue
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Too much Gov't regulation, violated individual rights, Deficit Spending
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Deficit Spending
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Spending more money than the Gov't is getting
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Father Coughlin
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ND did not do enough to help poor
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Francis Townsend
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Old Age Pension Plan- Give monthly benefits to elderly, more money in circulation
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Huey Long
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"Share Our Wealth"- Every fmaily promised annual income, car, house, radio, and college education
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ND Failures
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-Didnt end depression of Stock Market
-Didnt solve unemployment problem -Didnt redistribute wealth |
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ND Impact
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-Power of federal Gov't increased in economy
-Protected workers rights -Promotes natural resources -Prevents revolution -Provides social welfare system |
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Brain Trust
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Helped FDR create ND Legislation
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What were the 3 parts of the NIRA?
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NRA, PWA, and CWA
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