question

Smoot-Hawley Tariff

answer

- People upset that gold standard was continued - raised tariffs on international trade which was made in an effort to boost profit but backfired as retaliatory tariffs rose and led to greater economic contradiction

question

Bonus Army

answer

- During end of Hoover's presidency in era of extreme discontent - 15000 unemployed veterans marched to Washington to demand immediate pension - Hoover called for them to be violently evicted

question

Fireside Chats

answer

First New Deal - President F. Roosevelt's use of radio broadcasts to connect him and the people in an intimate way.

question

First Hundred days

answer

First New Deal - Roosevelts first hundred days in office (famous for his proficiency and eagerness) - congress enacted an impressive 15 bills which represented a new american state

question

Emergency Banking Act

answer

First New Deal - after bank holiday the act permitted banks to reopen if they past inspection and showed they had sufficient cash reserves (gov will help those that are good >> new ideological policy)

question

Glass Steagall Act

answer

First New Deal - further restored economic confidence by insuring deposits up to 2500 - prohibited banks from making risky investments with ordinary people's deposits (which is what lead to the depression)

question

Bank Holiday

answer

First New Deal - time taken to partake the inspection of Emergency Bank Act ;; shows how Roosevelt brought serenity to stressful and panicky process

question

Agricultural Adjustment Act (AAA)

answer

First New Deal - depression led to overproduction in agriculture and underproduction in manufacturing - AA developed to reverse these two issues which began direct government regulation of the farm economy and paid farmers to CUT their production - goal to rase prices again

question

Federal Emergency Relief Administration

answer

First New Deal - adresses major unemployment issues - provided federal funds for state relief programs - early form of "gov welfare"

question

Civilian Conservation Core (CCC)

answer

First New Deal - relief program for young unemployed men - had projects that paid unemployed men through employment that improved environmental conditions and instilled morals in young men

question

National Recovery Administration (NRA)

answer

First New Deal - goal was to eliminate "cut-throat competition" by bringing industry, labor and government together to create codes of "fair practices" and set prices. - established set codes of regulation for production, labor relations, and trade

question

Public Works Administration (PWA)

answer

First New Deal - put unemployed to work improving schools, government buildings, and other public buildings

question

Federal Housing Administration (FHA)

answer

First New Deal - expanded home ownership among middle class families by decreasing of down payments and guarantee of private mortgages

question

Securities and Exchange Commission

answer

First New Deal - congress ability to regulate the stock market - had power to determine how stocks and bonds were sold to the public, and set rules for credit transactions - in order to avoid a future Depression (seen as too invasive by Republicans)

question

Liberty League and National Association of Manufacture

answer

End of First New Deal: approaching election - Conservative groups that opposed the Roosevelt administration at the time of the new election in 1935 - criticized Roosevelts allegedly dictorial policies

question

Townsend Plan

answer

- Francis Townshend Retired physician whose savings had been recently wiped out. He attracted the trusting support of perhaps 5 million "senior citizens" with his fantastic plan that nonetheless spoke to earthly need - Each oldster sixty years of age or over was to receive $200 a month, provided that the money is spent within the month.

question

Welfare State

answer

- a system whereby the government undertakes to protect the health and well-being of its citizens, especially those in financial or social need, by means of grants, pensions, and other benefits - foundations played by FDR

question

Wagner Act

answer

Second New Deal - Wagner Act guaranteed the right of unions to organize and to collectively bargain with management. - went along with second new deals more liberal ideologies

question

Social Security Act

answer

Second New Deal - financed old peoples pensions, unemployment insurance, and other forms of income assistance

question

Works Progress Admin (WPA)

answer

- Provided jobs and income to the unemplyed but couldn't work more than 30 hours a week. It built many public buildings and roads, and as well operated a large arts project. - Huge initiation >> 7% of population received work through this largest and most ambitious policy

question

Keynesian Economics

answer

- Theory based on the principles of John Maynard Keynes, stating that government spending should increase during business slumps and be curbed during booms. - Recognized this thoroughly after Roosevelt Recession - DEFICIT SPENDING

question

Indian Reorganization Act

answer

- Restored tribal ownership of some indian territories and constitutions - provided loans for Native American Developments - reversed the Dawes Act

question

Dust Bowl

answer

- Parts of Oklahoma, Kansas, Colorado, New Mexico, and Texas that were hit hard by dry topsoil and high winds that created blinding dust storms; this area of the Great Plains became called that because winds blew away crops and farms, and blew dust from Oklahoma to Albany, New York. Ruined farms and left many farmers with out crops and money

question

Grand Coulee Dam

answer

- the agency created in 1933 intended for industrial recovery and unemployment relief whose outstanding achievement was the building of the Grand Coulee Dam

question

Tenessee Valley Authority (TVA)

answer

- A relief, recovery, and reform effort that gave 2.5 million poor citizens jobs and land. It brought cheap electric power, low-cost housing, cheap nitrates, and the restoration of eroded soil to Tennessee

question

Rural Electrification Administration

answer

- bring electricity to rural places like Tennessee

question

Federal Writers Project

answer

- Federal government project to fund written work and support and commission writers and artists - part of WPA

question

First and Second New deal Dates and Ideologies

answer

- First New Deal 1933 - 19335 - Second New Deal 1935 - 1938 (reelected in 1937 [close election unlike first]) - deficit spending (focus on borrowing rather then taxing)

question

Huey Long

answer

- governor of Louisiana >> threat to FDR - share the wealth program:every man should be rich, he expected the rich to pay thousands to the poor and wanted to heavily tax the rich, far left side liberalism found roosevelt not liberal enough

question

Three R's

answer

Relief, recovery, reform

question

Brain Trust

answer

- refers to the group of academic advisers that FDR gathered to assist him during the 1932 presidential campaign. These men would quickly help FDR develop an economic plan whose programs became the backbone of the New Deal: regulation of bank and stock activity, large scale relief and public works programs for people living in both urban and rural areas. In their first one hundred days in office, the Brains Trust helped Roosevelt enact fifteen major laws.

question

Court Packing Scheme

answer

- beginning of Roosevelt Recision - FDR Wanted to add justices when they wouldn't retire in time bc they were not passing some of his great depression second deal legislations due to criticism of too much control of the president

APUSH CH 22/23 – Flashcards

Unlock all answers in this set

Haven't found what you were looking for?

Search for samples, answers to your questions and flashcards