Term
| Civilian Conservation Corps |
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Definition
| A program which hired young unemployed men to do such work as planting trees, fighting fires, draining swamps, and maintaining National Parks. |
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Term
| Federal Deposit Insurance Corporation |
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Definition
| Commission established to insure individual bank deposits. It ended a century-long tradition of unstable banking. |
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Term
| National Recovery Administration |
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Definition
| A program designed to assist industry, labor and the unemployed by monitoring workers' earnings and working hours and establishing codes for "fair competition". |
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Term
| Tennessee Valley Authority |
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Definition
| A New Deal public works project which brought cheap electric power, full employment, low-cost housing, and environmental improvements to Americans. |
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Term
| Federal Emergency Relief Administration |
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Definition
| An operation which provided state assistance for the unemployed and relatives. From May 1933 to December 1935, it gave states and localities $3.1b to fund local work projects. It provided work for over 20 million people. |
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Term
| Home Owners' Loan Corporation |
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Definition
| An agency established by the Homeowners Refinancing Act to prevent home foreclosure by refinancing homes. It helped over a million people. |
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Term
| Civil Works Administration |
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Definition
| An administration created in 1933 to provide millions of new jobs centered around improving or constructing buildings, roads and bridges. It cost about $200m a month, and so ended in March 1934. |
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Term
| Works Progress Administration |
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Definition
| Agency authorized in 1935 mainly to provide funds for infrastructure jobs, but also artists. It provided over 9 million jobs over 8 years. |
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Term
| Public Works Administration |
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Definition
| Provided for industrial recovery and unemployment relief, spending over $4b on about 34,000 projects such as buildings, highways and parkways. It also provided for the Grand Coulee Dam on the Columbia River. |
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Term
| Agricultural Adjustment Administration |
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Definition
| Provided relief for farmers, paying off many mortgages. Through "artificial scarcity" it also established "price parity" by having farmers reduce their crops and slaughter excess livestock. |
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Term
| Securities & Exchange Commission |
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Definition
| Agency created to regulate the stock market and prevent corporate abuses related to the sale of securities and corporate reporting. It was able to license and regulate stock exchanges, the companies trading on them and the brokers and dealers involved. |
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Term
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Definition
| A description for the areas Roosevelt wanted to focus on: relief for the unemployed, recovery of the economy and reform of the financial system. |
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Term
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Definition
| FDR shuts down banks in order to stop bank runs and to reorganize the banking system. |
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Term
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Definition
| The first hundred days of FDR's presidency, in which he took the US of the gold standard, passed the: Emergency Banking Relief Act, Unemployment Relief Act, FERA, AAA, TVA, Fed. Securities Act, Home Owners' Refinancing Act, National Industry Recovery Act (NRA & PWA), and the Glass-Steagall Banking Reform Act (creates FDIC) |
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Term
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Definition
| The first lady during FDR's presidency, who commanded enormous popularity and influence; she was instrumental in the passing of New Deal legislation. |
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Term
| The "Court-Packing" Scheme |
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Definition
| President Roosevelt's plan to expand the Supreme Court to as many as 15 judges (6 more) - he wanted to add judges who would agree with New Deal ideas. |
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Term
| Wagner Act (National Labor Relations Act) |
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Definition
| A 1935 federal law that limits the means with which employers may react to workers in the private sector who create labor unions, engage in collective bargaining, and take part in strikes and other forms of concerted activity in support of their demands. |
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Term
| Fair Labour Standards Act |
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Definition
| Established a national minimum wage, guaranteed 'time-and-a-half' for overtime in certain jobs, and prohibited most employment of minors in "oppressive child labor," a term that is defined in the statute. |
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