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27 terms

New Deal Review Guide

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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