Franklin Delano Roosevelt (FDR)
32nd president
program planned by FDR to end the Depression
Glass-Steagall Act
established the FDIC which protects people's savings in the bank
Federal Securities Act
regulated stock information given by companies
Agricultural Adjustment Act(AAA)
helped farmers by raising crop prices by lowering production
Civilian Conservation Corps(CCC)
work project that put young men to work building roads and planting trees.
National Industrial Recovery Act
codes of fair practice for industries, guarantee of workers' rights, and the set up of the NRA (stop of wage cuts, falling prices, and layoffs)
deficit spending
spending more money than the govt. receives in revenue
Huey Long
senator of Louisiana who proposed a program called Share Our Wealth
Eleanor Roosevelt
Wife of FDR who assisted him on issues involving the poor, women & minorities
Works Progress Administration (WPA)
an agency that used millions of workers to build airports, roads, libraries, schools, and hospitals
National Youth Administration (NYA)
provided aid and part-time jobs to high school & college students
Wagner Act
protected workers' rights: 1. to collective bargaining. 2. by banning unfair labor practices. 3. by setting up the National Labor Relations Board (NLRB) to enforce these reforms
Social Security Act
provided: 1. old-age insurance. 2. unemployment compensation. 3. aid to people with disabilities.
Frances Perkins
1st female cabinet member as secretary of labor and helped create the Social Security system
New Deal coalition
were the voters from different groups (Southern whites, city people, African Americans, and union workers) that supported Roosevelt because of the New Deal.
Congress of Industrial Organization (CIO)
labor organization formed by industrial unions.
Orson Welles
actor/director/filmmaker whose radio broadcast "The War of the Worlds" convinced many Americans that Martians had landed in NJ
The Grapes of Wrath
written by John Steinbeck, it is a famous book about the Depression
Federal Deposit Insurance Corporation (FDIC)
protects the people's savings in the banks
Securities and Exchange Commission (SEC)
regulates the stock markets
National Labor Relations Board (NLRB)
still mediates labor disputes
parity
equal or fair amount
Tennessee Valley Authority (TVA)
helped prevent floods and provided electricity
Emergency Banking Relief Act
Act passed by Congress allowing healthy banks to reopen
Home Owners Loan Corporation (HOLC)
provided government loans to homeowners who faced foreclosure because they could not make their loan payments