Term
|
Definition
| Closing banks so people could not rush to take all of their money out of the bank. |
|
|
Term
| Emergency Banking Act of 1933 |
|
Definition
| March 1933. Because of the banking holiday, it pushed the act to pass within 8 hours. Passed by voice. Validated the actions FDR had taken when he suspended banking operations. Set up rules to examine banks. Authorized RFC to buy stock in banks. Public had confidence in the banks again. |
|
|
Term
| National Industrail Recovery Act (NIRA) |
|
Definition
| June 1933. Rivive industrial and business activity. Self-regulation under government supervision. Draw up a code of fair competition. Codes forced law within the industry. Set minimum price for industry. Limit Production. Regulated credit terms. Each Code had to have Section 7a to protect labor. |
|
|
Term
|
Definition
| Protect labor. Recognized unions, guaranteed minimum wage. Maximum hours as directed by the president. |
|
|
Term
|
Definition
| Only Congress can make laws. Not the president. The supreme court declared it unconstitutional in 1935. Illegal delegation of legislative powers to the president. |
|
|
Term
| Agricultural Adjustment Act (AAA) |
|
Definition
| raise the price for agriculture goods by paying the farmer to produce less and thus create more demand for his product. Government would pay the farmer to plant less acres of basic agricultural crops. |
|
|
Term
|
Definition
| The Supreme Court Declared the act unconstitutional on the grounds that the processing tax was an unconstitutional use of taxing power. |
|
|
Term
| Civilian Conservation Corps (CCC) |
|
Definition
| March 1933. Men only between ages of 18-25. Worked on projects like soil erosion, flood control, national parks, road construction, built water towers, fought fires. Paid $30 a month, $25 was sent home to their parents. By the end of 1941, it gave employment to about 2 1/2 million youths. |
|
|
Term
| Federal Emergency Relief Administration (FERA) |
|
Definition
| May 1933. & terminated December 1935. Headed by Harry Hopkins. Set up to give deirect relief to the states and local relief agencies. Congress appropriated $500 million for its use. State and local agencies to determine how the money was used. |
|
|
Term
|
Definition
| A social worker who headed relief agency in NY when FDR was govenor. Headed FERA, CWA, & WPA. Always included teachers, artists, & arts. |
|
|
Term
| Public Works Administration (PWA) |
|
Definition
| Headed by Harold Ikes. Created jobs in heavy construction. The projects that required large quantities of material. The government spent about $6 billion between 1933 & 1939. |
|
|
Term
|
Definition
| Headed PWA. the Secretary of Interior |
|
|
Term
| Civil Works Administration (CWA) |
|
Definition
| November 1933. Lasted 1 year. Headed by Hopkins. Set up to offset a business recession that was hitting the nation at the time. -PWA not getting started fast enough. Purpose- make work immediately. Completely by Federal in operations- federal payroll. Terminated in March 1934. given employment to 4 million during its existence and poured $1 billion into the economy. (funds from FERA & PWA). Improved roads, schools, playgrounds, parks, airports, ect. Ended up with an order by FDR because he feared that it was setting up a permanent class of reliefs. |
|
|
Term
|
Definition
| June 1934. famers pay adequate rent to bank. Postponed mortagage foreclosures if the farmer paid adequate rent (courts to determine what the rent would be during the period). |
|
|
Term
| Federal Housing Administration (FHA) |
|
Definition
| June 18, 1934. Set up FHA to insure loans made by private institutions for housing construction and remodeling or repairs. Private institution to build houses. |
|
|
Term
| Glass- Steagall Banking Act |
|
Definition
| June 1933. Restricted the speculative use of bank funds. Created the Federal Deposit Insurance Corporation (FDIC)to insure all deposits up to $5,000. Restricted the use of bank funds. |
|
|
Term
| Federal Deposit Insurance Copooration (FDIC) |
|
Definition
| Guarentees insurance on money up to $5,000. under the Glass- Steagall Banking Act. |
|
|
Term
|
Definition
| May 1933. Directed against the stock market. The public demanded the government to regulate the stock market. The act compelled all brokers and inssuers of stock to furnish complete information regarding the true nature and value of stock being sold. directed against stock market. Stock brokers had to provide ALL information. |
|
|
Term
| Securities Exchange Commission (SEC) |
|
Definition
| June 1934. Set up by Securities Exchange Act. Coporation whose securities were traded on the exhange were required to register with the SEC and provide accuarate and up to date info. What got Martha Stewart in trouble. register here to input up to date info. |
|
|
Term
| Tennessee Valley Authority (TVA) |
|
Definition
| May 1933. Government corporation set up by law. This corporation produced electricity which it then sells the electricity to the public; the rates are usually cheaper than private company rates. Competes with private enterprise. |
|
|
Term
| Second Agricultural Adjustment Act |
|
Definition
| pay farmers to grow less acres. did not include special tax. |
|
|
Term
| Works Progress Administration (WPA) |
|
Definition
| April 1935. Headed by Harry Hopkins. Light contrustion. Included street lights. Didnt include major skills & training. Spent $10 billion to give employment. Program coninued till Early 1943. |
|
|
Term
| Rural Electrification Administration (REA) |
|
Definition
| May 1935. To provide laons & WPA for extensions of power lines into rural areas not served by private companies. |
|
|
Term
| National Youth Administration. (NYA) |
|
Definition
| June 1935. Headed by Aubrey Williams of Alabama. provide part-time employment for HS & college students and all those not in schoool. Selected on the need basis and the schools controlled selection. Designed to help HS & college students continue their education. |
|
|
Term
| Farm Secrurity Administration (FSA) |
|
Definition
| 1937. made loans to share- croppers and tenant farmers so they could buy farms of their own. |
|
|
Term
| National Labor Relations Act (Wagner Act) |
|
Definition
| July 1935. Upheld the right of labor to organize and bargain collectively. Created a National labor relations board with power to determine appropriate collective bargaining units subject to elections it supervised at the request of workers. defined unfair employer practices. Upheld by the Supreme Court 1937. |
|
|
Term
| National Labor Relations Board (NLRB) |
|
Definition
| Created the power to determine appropriate collective bargaining units subject to elections it supervised at the request of workers. defined unfair employer practices. Upheld by the Supreme Court 1937. |
|
|
Term
| Social Security Act (SSA) |
|
Definition
| August 1935. Old- age pensions beginning at 65 years of age. unemployment compensation. Federal aid to the states for destitute persons, child health, blind, delinquent children, public health. |
|
|
Term
| Unemployment compensation |
|
Definition
| Social Security Act paid workers who were not employed. |
|
|
Term
|
Definition
| first overhaul of the federal reserve system since its adoption in 1913. Concentrated more power in the hands of the central authority called the board of governors. Board of Governors were given direct control over the discount rate. Basically, Increased the power of federal government in the economy. |
|
|
Term
| United States Housing Authority |
|
Definition
| People could rent from the US. |
|
|
Term
|
Definition
| Minimus wage & maximum work hoursfor interstate commerce government. |
|
|
Term
|
Definition
| presented the Townsend Plan. Similar to Social Security Act for old age pinchens. |
|
|
Term
|
Definition
| Share our wealth clubs. corrupt politian. Wanted wealth to be given to the poor. |
|
|
Term
|
Definition
| Republican canidate in election of 1936. FDR wins. |
|
|
Term
|
Definition
| Republican canidate in Election of 1940. FDR WINS. |
|
|
Term
|
Definition
| Trueman defeates him. in the election of 1948. |
|
|
Term
|
Definition
| Germany leader. Nazi. wanted to build an empire. |
|
|
Term
|
Definition
| Italy leader. wanted to build an empire. |
|
|
Term
|
Definition
| Senate set up this committee to look into why the US entered WW1. So we could take the extra precautions so we did not enter WW2 |
|
|
Term
|
Definition
| made it illegal for any American (including the president) to supply weaponry or other war-related supplies to any party in a foreign conflict. |
|
|
Term
|
Definition
| now forbidding all loans to foreign warring nations in addition to the ban on direct military aid |
|
|
Term
|
Definition
| now banning American ships from carrying passengers or goods of any type at all to foreign nations embroiled in war. |
|
|
Term
|
Definition
| French leaders & British Prime Minister Neville Chamberlain in traveling to Munich to negotiate a peaceful settlement with Hitler. Hoping to appease Hitler by caving in to his demands, British and French negotiators allowed the German dictator to seize the Sudetenland in exchange for a worthless promise to abandon all plans for further territorial expansion. Chamberlain returned to London pleased with the deal, infamously proclaiming that the compromise had guaranteed "peace for our time." |
|
|
Term
|
Definition
| The land that was negotiated from Great Britian and France and Czechoslovakia given to Germany. |
|
|
Term
| Non-aggression pact of 1939 |
|
Definition
| Nazi Germany and the Soviet Union signed a ten-year nonaggression pact on August 23, 1939, in which each signatory promised not to attack the other. |
|
|
Term
|
Definition
| September 1, 1939. German troops invade Poland on the ground while Hitler's air force bombs Polish cities from the sky. |
|
|
Term
|
Definition
| repealled arms & bargo - All Cash & Carry opened americans to Great Britian & France most money to navy. |
|
|
Term
|
Definition
| an operation on a commodities futures market in which spot goods are purchased and sold at a profit on a futures contract |
|
|
Term
|
Definition
| Britian was having trouble getting the cash and carry goods safely back to alone was holding out against germany. FDR agreed to let the British have 50 WW1 destroyers in exchange for the right to build 8 naval bases on british territories. |
|
|
Term
|
Definition
| the british were running out of money by late 1940 & needed extra help. Couldnt operate under cash & carry without cash. This permitted the President of the US to lend, lease, sell or dispose of in anyway goods to a nation that was fighting in America's interest. |
|
|
Term
| Patrolling the Atlantic Ocean to its Mid-point |
|
Definition
| Britian said she was having trouble getting the lend-lease goods safely home and asked the US to protect them. FDR allowed the navy to patrol the atltantic to the midpoint & inform the british ofthe location of enemy vessles. |
|
|
Term
|
Definition
|
|
Term
|
Definition
| September 4, 1941. American destroyer tailed german submarine for 3 1/2 hours giving location to GB germany then opened fire on this. |
|
|
Term
|
Definition
| FDR policy. Press named this. Warned Germany & Italy that if they entered American waters they did so at their own risk or peril. |
|
|
Term
| Tripartite Pact (SEPTEMBER 1940) |
|
Definition
| Allies pact that says if any country goes to war with the US, then they will all go to war with them. |
|
|
Term
|
Definition
| allowed the arming of American Merchant ships & allowed them to sail to any place, carrying any cargo their owners wished to carry. |
|
|
Term
| Economic Pressures against Japan |
|
Definition
| US stops selling anything and everything to Japan. |
|
|
Term
|
Definition
| December 7, 1941 Japan attacks Pearl Harbor |
|
|
Term
|
Definition
| Allowed the US government to take over industries hit by strikes anti-union legislation. |
|
|
Term
|
Definition
| not the same as white men. Segregated. Also, drafted. |
|
|
Term
| Mexican Americans & the war |
|
Definition
| Zoot Suit Riots. in LA. Service men were looking for them "beating the minace" |
|
|
Term
|
Definition
| Rosie the riviter. Take place of the men in the work place. |
|
|
Term
| Internment of Japanese Americans |
|
Definition
| fear & racism for Japanese. Set up camps out west. |
|
|