Vocab
These were African Americans who were hired to fill roles in the government
Black Cabinet
This gave farmers a subsidy to incentivize growing fewer crops
What is the AAA (Agricultural Adjustment Act)?
This New Deal program created a system that provided a pension for many people 65 and older
Social Security Act
This occurs when a government spends more money than they take in through taxes and other income
Deficit
This movement sought to assimilate ethnic immigrant groups into the dominant culture
Americanization movement
Jobs program that employed millions of Americans in public-works projects
What is the WPA (works-progress admin)
This Program built dams and other projects along the Tennessee River, such as dams
What is the TVA (Tennessee Valley Authority)?
This Act outlawed anti-labor practices and eventually led to labor membership surging by the millions
National Labor Relations Act
This idea argued that deficit spending is beneficial by generating jobs and stimulating the economy
Keynesian Economics (John Maynard Keynes)
Henry Ford's invention that revolutionized manufacturing
Assembly line
This act created a banking system in which no depositors needed to fear losing their savings if their bank collapsed
What is the Glass-Steagall Act?
Mandated that businesses in the same industry cooperate with each other to set prices and levels of production
What is the National Industrial Recovery Act (NIRA)?
This action is when workers stay at a factory day and night to protest, not leaving until the dispute is resolved
Sit-down strike
The two most popular forms of entertainment during the Depression/New Deal
Movies and Radio
This Amendment granted women universal suffrage
19th amendment
Roosevelt's 3 goals of the New Deal
Relief, Reform, Recovery
Forced companies to share certain financial information with the public, restoring trust with investors
What is the FSA (Federal Securities Act)?
This act resulted in millions of farms gaining access to electricity in just 10 years
Rural Electrification Act
A piece of ownership in a company
Stock
This was a migration movement of African Americans in large numbers from South to North
What the CCC stands for
Employed millions of Americans to create public-works projects such as dams, schools, etc
What is the WPA (Works-Progress Administration)
FDR tried to do this to the Supreme Court when his New Deal programs were challenged
Court-Packing
A loan to buy a stock: must be paid back in full
on-margin loan
FDR’s plan to increase government regulation of the economy
The New Deal