The New Deal - Chapter 13 Name: ______Terms & CCs Assignment Mods: ______
Use the glossary definitions to complete this assignment. The Glossary is in the back of your book (purple “tabbed” pages) - pages 857-886.
Define the following words, using the Glossary. (Write on this paper.)
1- Fireside Chat -
2- Pump priming -
3- Sit-down Strikes -
4- Court Packing -
5- Black Cabinet -
6- Indian New Deal -
7- New Deal Coalition -
8- Federal Art Project -
9- Mural - Make Concept Cards for the following Concepts. Set the card up and highlight appropriately. Write out GLOSSARY DEFINITION FIRST on the lined side of the card. If no other information has been given for you to write, you’re done with that concept for this assignment. (We’ll be adding to the CCs as we go along.) If other information as been provided, make sure you write all of the information on the lined side of card.
HUNDRED DAYS O First hundred days of President Franklin D. Roosevelt’s presidency. Bills covered programs from job relief to planning for economic recovery. These laws together made up FDR’s New Deal.
NEW DEAL P Write GLOSSARY DEFINITION first.
3 Goals: To provide Relief for the jobless, promote Recovery, and Reform to prevent another depression.
Effects: (Immediate) (Long Term) Banking system is stabilized. Power of the presidency increases. Federal payments help farmers. Government takes active role in economy. Work-relief programs provide jobs. “This” coalition is powerful political force. Social Security provides safety net. Wagner Act protects workers and raises “This” helps unify the nation. standard of living. Minorities and women gain positions in government.
Opposition: (On the Left) (On the Right) “This” doesn’t do enough to end the “This” makes the government too powerful. depression. Increased government rol in economy FDR’s only concern is saving banks equals socialism. and big business. “This” destroys free enterprise and “This” does not address individual freedom. redistribution of wealth. “This” creates huge national debt. “This” does not help the elderly.
FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) P Write GLOSSARY DEFINITION first.
Guaranteed bank deposits up to $5,000 to ease banking crisis.
This insurance now covers all deposit accounts, including checking and savings accounts, money market deposit accounts and certificates of deposit. The standard insurance amount is $250,000, per depositor, per insured bank, for each account ownership category. TENNESSEE VALLEY AUTHORITY (TVA) O (Use this info instead of the glossary definition.) Government agency that built dams and hydroelectric plants in the Tennessee River valley to control flooding, generate (electric) power, and attract industry to the South.
CIVILIAN CONSERVATION CORPS (CCC) Y (Use this info instead of the glossary definition.) New Deal program that provided millions of young, single men (between the ages of 18 and 25) with relief jobs on environmental conservation projects, including reforestation and flood control.
Jobs included: planting trees, building bridges, working on flood-control projects and developing parks.
NATIONAL RECOVERY ADMINISTRATION (NRA) Y (W/ NATIONAL INDUSTRIAL RECOVERY ACT Y) Write GLOSSARY DEFINITION first.
Established codes to regulate wages and prices, stimulate consumer activity, and promote fair competition.
This was created as a result of the National Industrial Recover Act Y - law that required each industry to write a code, or a set of rules and standards, for production, wages, prices, and working conditions; Tried to end price cutting and worker layoffs.
PUBLIC WORKS ADMINISTRATION (PWA) Y Write GLOSSARY DEFINITION.
SECOND NEW DEAL P Write GLOSSARY DEFINITION.
WORKS PROGRESS ADMINISTRATION (WPA) Y Write GLOSSARY DEFINITION first.
Put jobless to work making clothes and building hospitals, schools, parks, playgrounds, and airports.
Hired artists, photographers, actors, writers, and composers.
SOCIAL SECURITY ACT P Write GLOSSARY DEFINITION first.
“This” is still around today, but the continuation of it has been threatened. The best way to fund and keep “this” continues to be a debate today. WAGNER ACT P (w/ COLLECTIVE BARGAINING) Write GLOSSARY DEFINITION first.
COLLECTIVE BARGAINING O Write GLOSSARY DEFINITION.
FAIR LABOR STANDARDS ACT P Write GLOSSARY DEFINITION.
CONGRESS OF INDUSTRIAL ORGANIZATIONS (CIO) O Write GLOSSARY DEFINITION.
AGRICULTURE ADJUSTMENT ACT (AAA) Y Paid subsidies to lower production on farms and raise crop prices.
The government paid farmers to kill surplus pigs and cows and plow under surplus crops. Goal: Reduce supply... Increase crop prices... Help farmers.
WELFARE STATE O Write GLOSSARY DEFINITION.
SECURITIES AND EXCHANGE COMMISSION (SEC) P (with Securities - Y) The mission of this organization is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.
Established with the Securities Act of 1933.
2 basic objectives: Require that investors receive financial and other significant information concerning securities being offered for public sale; and Prohibit deceit, misrepresentations, and other fraud in the sale of securities.
Significance: Generally speaking, this was meant to keep a watch on the business of the stock market. The unrestricted/risky buying and selling of stock and buying on margin were major reasons for the stock market crash in 1929 which signaled the beginning of the Great Depression.
SECURITIES Y - Form of ownership that can be easily traded on a secondary market (in the stock market); like stock. DEFICIT SPENDING P (w/ NATIONAL DEBT) Government practice of spending more than is taken in from taxes. Increases national debt. Nation pays out more money than it’s getting in revenues.
Practice that was used during the Great Depression with New Deal measures that increased the United States’ national debt.
NATIONAL DEBT Y Total sum of money that a government owes to others.
FEDERAL HOUSING AUTHORITY (FHA) P A U.S. government agency created as part of the National Housing Act of 1934.
Insured loans made by banks and other private lenders for home building.
Goals of this organization are to: Improve housing standards and conditions, provide an adequate home financing system through insurance of mortgage loans, and to stabilize the mortgage market.
This agency was established because banks had made unwise loans just before the Great Depression began and when the market crashed, many of the loans could not be repaid. This was one of the causes of the Great Depression.