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New Deal Programs
Term | Definition |
---|---|
NRA (National Industrial recovery Act) | Help with economic recovery and employment Code of fair competition Fixed prices and wages Established production quotas Participation symbolized with a blue eagle |
Agricultural Adjustment Act (AAA) | Limit crop production and reduce livestock numbers to raise prices for farmer's produce Refinance mortages to help farmers keep their land |
Civilian Conservation Act (CCC) | Put young men to work on public lands products Forest fire prevention Repair and maintain paths, trails, ect |
Civil Works Administration (CWA) | Put people to work building 2,200 miles of levees 1,000 miles of plumbing 4,000 new/improved schools 1,000 new/improved airports |
Federal Emergency Relief Administration (FERA) | Gave bloc grants to states to fund relief efforts left states in charge of handing out the money |
Securities Act & Securities Exchange Act (made the SEC) | Policed the stock market banned sales of fraudulent securities trading on insider info that's not public knowledge Secretive trading with investors meant to raise prices |
Glass-Steagall Banking Act | Forced banks to separate commercial and investment banking (firewall) Tightened oversight of the Federal Reserve prohibited interest payments on checking accounts banned banks from lending money to their executives |
Federal Deposit Insurance Corporation (FIDC) | Gov insurance for all individual bank deposits up to $250,000 Prevents runs on the banks and bank failures during economic downturns |
Which programs did the Supreme Court later rule unconstitutional? | 1935: National Industrial Recovery Act for restraining interstate commerce 1936: Agricultural Adjustment Act as control of agriculture is a state function, not a federal one. |
National Labor Relations/Wagner Act | Protected worker's rights to form and participate in labor unions Administered by NRLB which still works today Challenged but still ruled constitutional by Supreme Court Weakened by Taft-Hartley Act and Reagan administration |
Social Security Act (1935) | Retirement and old-age pension system unemployment benefits aid to dependent children maternal and child welfare public health services aid to the blind |
Most effective poverty mitigation program in the US | Social Security Act |
T/F Social Security Act is going bankrupt | FALSE |
Which New Deal programs did the Supreme Court uphold after FDR threatened to court-pack them? | Social Security Act National Labor Relations/Wagner Act |
Works Progress Administration | Largest and most diverse public works program hired women built infrastructure, bridges, airports, schools, parks, and waterlines |
Fair Labor Standards Act (1938) | Minimum wage standardized 44-hour work week Required extra pay for overtime Prohibited certain types of child labor |
How was the Wagner Act written to exclude most African-Americans and "Chicanos" (Latinos)? | Excluded agricultural and domestic workers |
Which New Deal programs intervened aggressively to enforce anti-discrimination rules in recruitment and pay on states and local authorities | Public Works Administration National Youth Administration |
Which still-standing structure in Plano, TX was built by New Deal programs? | The Courtyard Theater |
3 R's | Relief (alleviate current struggle, food/poverty) Recovery (jumpstart economy, public works) Reform (prevent from repeating, failsafes) |