Unit 7B: Terms List #2

Agricultural Adjustment Act (AAA)

a government program aimed at helping farmers who were struggling financially. The government paid farmers to reduce the amount of crops they were growing and the number of animals they were raising. By reducing the supply of agricultural products, the government hoped to raise prices for farmers and stabilize the agricultural industry.

Tennessee Valley Authority (TVA)

a government program that built dams along the Tennessee River and its tributaries to control flooding, generate electricity, and provide irrigation for farmland. These dams created reservoirs that could be used for recreation, fishing, and transportation. also, it helped to bring electricity to rural areas that didn't have it before, improving living conditions and boosting economic development in the region.

Committee on Industrial Organization (CIO)

a group that worked to organize and represent workers in various industries, such as manufacturing, mining, and transportation. It focused on bringing together workers from different trades and skill levels within a single industry, rather than organizing them based on specific crafts or trades, as was common at the time.

Fair Labor Standards Act

a law in the United States that sets rules for how employees should be treated in the workplace. demands a minimum wage, rules to protect child labor, and paying extra to overtime workers. aims to ensure that workers are treated fairly and paid adequately for their lab

Works Progress Administration (WPA)

a massive jobs program that employed millions of people to work on various public projects across the country. These projects included building roads, bridges, schools, parks, and other infrastructure, as well as creating art, music, and literature (MORE CONSTRUCTION BASED)

Indian Reorganization Act

aimed to reverse some harmful policies towards Native American tribes and promote their self-governance and cultural preservation. end of allotment, encouraged tribal self governization, land acquisition from gov, and cultural preservation

"fireside chats"

conversational style often used by U.S. President Franklin D. Roosevelt during his radio broadcasts in the 1930s and 1940s. The chats were intended to inform and reassure the public during times of crisis, such as the Great Depression and World War II.

21st Amendment

ended Prohibition, which was a nationwide ban on making, selling, and transporting alcoholic beverages that had been in place since 1920. allowed people to legally buy, sell, and drink alcohol again in the United States.

Wagner Act

gave workers the right to form labor unions and engage in collective bargaining with their employers

American Liberty League

it was a group of wealthy business leaders, conservative politicians, and others who opposed the policies of President Franklin D. Roosevelt's New Deal. believed the new deal was too socialist and threatened individual liberty and free enterprise. (wanted less gov involvment)

Social Security Act

provides financial support to certain groups of people who are in need or facing specific life circumstances: financial support to old retired people, the disabled, and families of those who have passed away.

National Recovery Administration (NRA)

set up rules for how businesses should operate, such as setting minimum wages and maximum working hours. It also established codes of fair competition to prevent unfair business practices like price-fixing and child labor.

Civilian Conservation Corps (CCC)

was a program in the United States during the 1930s, part of President Franklin D. Roosevelt's New Deal. a government initiative that provided jobs for young, unemployed men during the Great Depression. These men worked on various conservation and public works projects across the country, such as planting trees, building parks, improving hiking trails, and preventing soil erosion. (CONSERVATION ENVIRONMENT BASED)

bank holiday

would refer to a temporary closure of banks ordered by the government or banking authorities. This closure could be due to various reasons such as financial instability, panic among depositors leading to bank runs, or to implement emergency measures to stabilize the banking system. During a bank holiday, all banking activities including withdrawals, deposits, and lending would be suspended for the duration of the closure. The purpose was typically to prevent further financial turmoil, restore confidence in the banking system, and allow time for policymakers to address underlying issues causing the crisis.

Court-packing plan

FDR sets a demanded retirement age for supreme court justices to retire which would have many of the current supreme court justices, who were ruling against FDR's new deal plan, to leave. would allow FDR to have new supreme court justices who favored his policies (VERY CONTROVERSAL)

Federal Housing Administration (FHA)

a government agency that helps people buy homes by providing mortgage insurance. When you want to buy a house but don't have enough money for a big down payment, they offer insurance to the bank, promising to cover some of the losses if you can't make your mortgage payments

Securities & Exchange Commission (SEC)

a government agency that oversees the stock market and protects investors. in simpler terms, think of it as a watchdog for the financial markets. Its main job is to make sure that companies and individuals who sell stocks and bonds do so fairly and honestly. It also works to prevent fraud and ensure that investors have access to accurate and reliable information about the investments they're considering.

Federal Deposit Insurance Corporation (FDIC)

a government agency that protects your money in the bank. In simpler terms, it's like insurance for your savings. When you put money into a bank, the FDIC ensures that if the bank fails or goes out of business, you won't lose your money.