New Deal Test Answers – Flashcards
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Emergency Banking Relief Act (EBRA)- Immediate purpose
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Authorized the Treasury Department to inspect and close banks that weren't strong enough
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Emergency Banking Relief Act- long term goal
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to restore public confidence in banks
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Glass-Steagall Banking Act of 1933- immediate purpose
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Established FDIC, insured up to $5,000
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Glass-Steagall Banking Act of 1933- long term goal
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to restore public confidence in banks
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Federal Securities Act- immediate purpose
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required corporations to provide complete info on all stock offerings
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Federal Securities act- long term goal
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restore confidence in the stock market
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National Industrial Recovery Act(NIRA)-immediate purpose
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provided money to states to create jobs with the construction of schools and community buildings
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National Industrial Recovery Act (NIRA)- long term goal
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promote industrial growth
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Agricultural Adjustment Act(AAA)- immediate purpose
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provided money to families to offset prices, paid farmers to stop farming, lowered supply and brought demand up to increase price
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Agricultural AAdjustment Act(AAA)- long term goal
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raise crop prices and increase farmers' income
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Tennessee Valley Authority(TVA)- immediate purpose
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built dams to provide cheap electricity to the Tennessee Valley region
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Tennessee Valley Authority(TVA)- long term goal
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create prosperity in a poverty stricken area
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Civilian Conservation Corps(CCC)- immediate purpose
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put people to work outside, young men ages 18 to 23
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Civilian Conservation Corps(CCC)- long term goal
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reduce unemployment and create jobs
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Federal Emergency Relief Administration(FERA)- immediate purpose
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provided direct relief and basic needs
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Federal Emergency Relief Administration(FERA)- long term goal
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raised self confidence because people felt like they earned the money
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Public Works Administration(PWA)- immediate purpose
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provided money to states to create jobs by building schools and community buildings
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Public Works Administration(PWA)- long term goal
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reduce unemployment and create jobs
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Civil Works Administration(CWA)- immediate purpose
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provided 4 million immediate jobs by building schools and roads and paying teachers
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Civil Works Administration(CWA)- long term goal
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reuce unemployment and create jobs
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Home Owners Loan Corporation(HOLC)- immediate purpose
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helped American refinace their homes to avoid foreclosure
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Home Owners Loan Corporation(HOLC)- long term goal
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kept families in their homes
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problems faced by farmers, migrant workers, and others living in rural areas
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soil depletion lead to the dust storms, lived in poverty
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Laws passed to help farmers, migrant workers, and others living in rural areas
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2nd Agricultural Adjustment Act, resettlement administration, rural electrification administration
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problems faced by students and other young people
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unemployment, poverty, helplessness, loss of dignity
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laws passed to help students and other young people
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National Youth Administration(NYA)
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problems faced by teachers, writers, artists, and other professionals
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unemployment, poverty, helplessness, loss of dignity
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laws passed to help teachers, writers, artists, and other professionals
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W.P.A.
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problems faced by all workers, including the unemployed
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unemployment, poverty, helplessness, loss of dignity
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laws passed to help all workers, including the unemployed
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Works Progress administration, Fair Labor Standards act, Wagnor act, National Labor Relations board
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problems faced by retired workers
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poverty, helplessness, loss of dignity
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laws passed to help retired workers
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Social Security act
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problems faced by the disabled, needy elderly, and dependent mothers and children
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poverty, helplessness, loss of dignity
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Wagnor act
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established minimum wage
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Agricultural Adjustment act
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assistance to farmers
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Rural Electrification Administration
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electricity to rural areas
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Resetlement administration
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helped tentant farmers buy land
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Tennessee Valley Authority
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brought cheap electricty to the Tennessee Valley
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Securities and Exchange commissions
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monitor the stock market
