Chapter 15
What does AAA stand for?
Agricultural Adjustment Act
What was the 3rd major part of the Social Security Act?
Aid to families with dependent children and the disabled.
What did the court reform bill do?
Allow Roosevelt to appoint 6 new Supreme Court justices
Why did he do this?
Because his wife Eleanor Roosevelt was a social reformer who would reminded him of the struggles from around the world?
What does CCC stand for?
Civilian Conservation Corps
What does the New Deal not do?
End the Depression
Who were the "Brain Trust"?
FDR's team of carefully picked advisers of professors, lawyers, and journalists
Who won the 1932 presidential election?
Franklin D. Roosevelt
What did the FDIC do?
It provided federal insurance for individual bank accounts for up to $5,000.
Roosevelt was the governor of what?
New York
What was the 1st major part of the Social Security Act?
Old-age insurance for retirees 65 or older and their spouses.
What did the CCC do?
Put young men aged 18 to 25 to work
What did Congress and the President worked to do?
Regulate the stock market
What did the 21 amendment do?
Repealed prohibition altogether.
Who won the election of 1936?
Roosevelt
What was part of the New Deal?
Roosevelt and Congress setting up a series of programs to help youths, professionals, and other workers.
What was the New Deal?
Roosevelt's new policies designed to alleviate the problems of the Great Depression
President Roosevelt launched a second burst of activity called what?
Second New Deal or Second Hundred Days
What does SEC mean?
Securities and Exchange Commision
What was one of the most important achievements of the Second New deal?
Social Security
What does TVA stand for?
Tennessee Valley Authority
What did the Glass-Steagall Act of 1933 establish?
The Federal Deposit Insurance Corporation(FDIC)
Who was Huey P. Long?
The senator of Louisiana that developed Share-Our-Wealth
What did the laws from the Hundred Days do?
These laws significantly expanded the federal government's role in the nation's economy.
What happened to banks that were insolvent?
They would remain closed.
What was the bill's main purpose?
To raise government revenues by taxing alcohol
What was the 2nd major part of the Social Security Act?
Unemployment compensation system
What was the largest?
WPA
What does WPA mean?
Works Progress Administration
What were the Hundred Days?
a period of intense legislative activity
During the first Hundred Days Congress passed more than how many pieces of New Deals?
more than 15
What did the measures restore in people about the Emergency Banking Relief Act?
public confidence in banks
What were fireside chats?
radio talks about issues of public concern, explaining in clear, simple language his New Deal measures?
What did the SEC do?
regulated the stock market
What were the 3 goals of the New Deal?
relief for the needy, economic recovery, and financial reform.
What did the AAA do?
sought to raise crop prices by lowering production
What id deficit spending?
spending more money than the government receives in revenue
What did Roosevelt convince Congress to pass?
the Emergency Banking Relief Act
Roosevelt persuaded Congress to approve what bill?
the bill allowing the manufacture and sale of some alcoholic beverages
What were Roosevelt's first step as President?
to carry out reforms in banking and finance.
What was one goal of the SEC?
to prevent people with inside information about companies from "rigging" the stock market for their own profit.
What was the purpose of the TVA?
to provide flood control