New Deal Review Guide
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Created by:
sana942009 on April 27, 2012
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27 terms
Terms | Definitions |
|---|---|
 New Deal | President F. D. Roosevelt legislation designed to promote economic recovery and social reform during the 1930s; Helped to heal the effects of the Great Depression |
| AAA | Agricultural Adjustment Administration: attempted to regulate agricultural production through farm subsidies, so farmers were paid not to plant crops on parts of their land, so prices could go up |
| CCC | Civilian Conservation Corps. It was Relief that provided work for young men 18-25 years old in food control, planting, flood work, etc. |
| WPA | Works Progress Administration (1935)- Relief- Massive work relief program funded projects ranging from construction to acting |
| PWA | Public Works Administration.New Deal program. Building or improving public buildings like schools, post offices,etc was where people found work. |
| TVA | The Tennessee Valley Authority federation was created in 1933 in order to provide navigation, flood control, electricity generation, fertilizer manufacturing, and economic development in the Tennessee Valley |
| NRA | National Recovery Administration: established and administered a system of industrial codes to regulate production, prices, labor relations, and work practices |
| FDR | Roosevelt, the President of the United States during the Depression and WWII. He instituted the New Deal. Served from 1933 to 1945, elected for four terms. Born in Hyde Park NY |
| Herbert Hoover | president of the U.S from 1923-1933 leader of the US in the beginning of the great depression. People blamed Hoover for the depression, calling poor communities Hoovervilles |
| FHA | Federal Housing Administration (1934)- Recovery- Expanded private home ownership among moderate-income families through federal guarantees of private mortgages, the reduction of down payments from 30 to 10 percent, and the extension of repayment from 20 to 30 years; still today |
| Bull Market | healthy market on Wall Street |
| Alf Landon | Lost 1936 election against FDR; he was a Kansas governor |
| Lindbergh | 1927- American pilot who made the first solo nonstop flight across the Atlantic Ocean |
| Spain | Spanish Civil War and the Fascist movement |
| Italy | Mussolini took over Italy with his Fascist Regime |
| 1932 | Franklin D. Roosevelt elected, New Deal Comes into place |
| Jitterbug | Dance popular during the 1930's |
| Will Rodgers | Humorist, satirized politics and life in the 20's |
| China | Japan invades China, Rape of Nanking |
| Dividends | profits that a corporation distributes to its owners |
| Social Security Act | A 1935 law ; provided money (insurance) to retired Americans, included 1. old-age insurance. 2. unemployment compensation. 3. aid to people with disabilities. |
| Wagner Act | 1935, also National Labor Relations Act; granted rights to unions; allowed collective bargaining |
| Margin | buying a stock by paying only a fraction of the stock price and borrowing the rest |
| Depression | a period of low economic activity, often marked by high unemployment; much more higher than in a Recession |
| Recession | Rising unemployment, increased business failures, declining economic growth and higher bankruptcies. |
| Benny Goodman | A twentieth-century American jazz clarinetist and bandleader. He was known as the "King of Swing." |
| stock | shares of ownership in a corporation |
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