Chp. 15: The New Deal

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mrkamrowski  on May 26, 2009

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Chp. 15: The New Deal

Franklin Delano Roosevelt
32nd President of the United States
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Franklin Delano Roosevelt 32nd President of the United States
Wagner Act created NLRB to administer Wagner Act; provide employees the right to select a union with exclusive power as the collective bargaining agent, outlaws certain management unfair labor practices.
Glass Steagall Act established the Federal Deposit Insurance Corporation (FDIC) and included banking reforms, some of which were designed to control speculation
New Deal The name of President Roosevelt's program for getting the United States out of the depression
Social Security ActAugust 14, 1935- The Social Security Act was drafted by President Roosevelt's committee on economic security, under Edwin Witte. The Act provided benefits to retirees and the unemployed, and a lump-sum benefit at death. Payments to retirees were financed by a payroll tax on current workers' wages, half directly as a payroll tax and half paid by the employer.
Eleanor Roosevelt wife of Franklin Roosevelt and a strong advocate of human rights (1884-1962)
Securities & Exchange Commission Created to oversee company practicies and make certain they were abiding by the Federal Securities Act
Francis Perkins Roosevelt's Secretary of Labor and first woman cabinet member in U.S. history.
Federal Securities Act required seller to tell investor their stock and bond values, to protect buyer
Agriculture Adjustment Act payments to farmers who agreed not to grow wheat, corn, tobacco, and other crops so farm prices went up and farmers better off
Mary McLeod Bethune female who was member of fdr's black cabinet
Civilian Conservation Corps Gave young unemployed men jobs in fixing land and erosion problems.
John Collier Commissioner of Indian Affairs ;; sought to reverse forced-assimilation policies ;; promoted Indian Reorganization Act of 1934
New Deal Coalition coalition forged by the Democrats who dominated American politics from the 1930's to the 1960's. its basic elements were the urban working class, ethnic groups, Catholics and Jews, the poor, Southerners, African Americans, and intellectuals.
National Industrial Recovery Act A New Deal legislation that focused on the employment of the unemployed and the regulation of unfair business ethics. The NIRA pumped cash into the economy to stimulate the job market and created codes that businesses were to follow to maintain the ideal of fair competition and created the NRA.
Deficit Spending When a government spends more than it takes in and goes into debt.
Congress of Industrial Organization A federation of labor union for all unskilled workers. It provided a national labor union for unskilled workers, unlike the AFL, which limited itself to skilled workers.
Huey Long Citic who supported FDRs 1st new deal. AKA king fisher Organized the Share-Our-Wealth plan.
Works Progress Administration May 6, 1935- Began under Hoover and continued under Roosevelt but was headed by Harry L. Hopkins. Provided jobs and income to the unemplyed but couldn't work more than 30 hours a week. It built many public buildings and roads, and as well operated a large arts project.
National Youth Administration Provided job training for the unemployed young people and part-time jobs for needy students
Federal Deposit Insurance Corporation An independent federal agency that insures the deposits in commercial banks
National Labor Relations Board an independent agency of the United States government charged with mediating disputes between management and labor unions
Tennessee Valley Authority A relief, recovery, and reform effort that gave 2.5 million poor citizens jobs and land. It brought cheap electric power, low-cost housing, cheap nitrates, and the restoration of eroded soil.
American Liberty League organization that opposed the New Deal on the grounds that it limited American freedoms and allowed too much government control of the economy
Fair Labor Standards Act 1938 act which provided for a minimum wage and restricted shipments of goods produced with child labor
Rural Electrification Administration 1935; made electricity available at low rates to American farm families in areas that private power companies refused to service.
Sit Down Strike Work stoppage in which workers shut down all machines and refuse to leave a factory until their demands are met.
Parity A price intended to keep farmers income steady.

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