Money Matters
Government policy of spending more money than it collects in revenue.
What is deficit spending?
The Wagner Act, enacted in...
What is 1935?
Its purpose was to inspect banks and insure depositor's accounts.
What is the FDIC?
Franklin D. Roosevelt embraced this as a key component of his New Deal economic policies.
What is deficit spending?
Created the New Deal.
Who is FDR?
The idea behind deficit spending was to...
What is stimulate economic recovery
The Wagner Act's official name is...
What is the National Labor Relation Act?
Loaned money at a low interest to homeowners who could not meet their mortgage payments.
What is the HOLC?
Roosevelt's plan was a proposal to add more justices to the Supreme Court to secure favorable rulings on New Deal programs.
What is court packing?
The president who served before FDR.
Who is Herbert Hoover?
The Fair Labor Standards Act of 1938 established this.
What is a federal minimum wage?
The Wagner Act aimed to protect the rights of workers to organize and...
What is bargain collectively?
This famous organization employed thousands of young men in camps across the country improving public lands by planting trees, clearing trails, and fighting forest fires.
The main purpose was to maintain public support and confidence during a time of crisis.
What is fireside chats?
He proposed the "Townsend Plan," which called for providing a monthly pension to seniors to stimulate economic activity.
Who is Dr. Townsend?
Provided financial assistance to the elderly, unemployed, and disabled.
What is the Social Security Act?
This government policy was to stimulate economic recovery by investing in public works projects.
What is deficit spending?
Millions were put to work in construction projects such as schools, libraries, hospitals, roads, sewer systems, and airports.
Provide immediate relief
Stimulate economic recovery
Institute long-term reforms to prevent another economic catastrophe.
What is goals of the new deal?
Was a Catholic priest and radio broadcaster known for his populist and anti-Semitic views.
Who is Father Coughlin?
Huey Long argued for...
What is weath redistribution?
Established a federal minimum wage to protect workers from low wages and unfair labor practices.
What is the fair labor standards act of 1938?
It set up a form of insurance where employers and workers would pay the tax to cover unemployment benefits, old age pensions, programs for the blind, and for children of workers who had died.
FDR's agencies and policies that were his response to the Great Depression were called...
What is the New Deal?
He implemented various social and economic reforms in Louisiana and proposed a "Share Our Wealth" program.
Who is Huey Long?