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Chapter 13 Vocab. The New Deal – 15 words. The New Deal. Roosevelt’s policies for ending the Great Depression. Focused around Relief, Recovery, and Reform. Brain Trust. A diverse group of professionals and academics who advised President Roosevelt during his presidency.
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Chapter 13 Vocab The New Deal – 15 words
The New Deal • Roosevelt’s policies for ending the Great Depression. • Focused around Relief, Recovery, and Reform.
Brain Trust • A diverse group of professionals and academics who advised President Roosevelt during his presidency.
Federal Deposit Insurance Corporation (FDIC) • Provided government insurance for bank deposits up to a certain amount. • Increased public confidence in the system.
Agricultural Adjustment Act (AAA) • Under the AAA, farmers would be paid NOT to grow crops. This should end the over-production of crops and raise crop prices. • PROBLEM: Food prices raise during depression AND tenent farmers become homeless and jobless.
Tennessee Valley Authority (TVA) • Built dams and hydroelectric plants in the Tennessee River Valley to control flooding, generate power, and attract industry to the South.
Civilian Conservation Corps (CCC) • Employed single men, ages 18-25, for natural resource conservation • Lived in camps near their work areas and earned $30/ month
Works Progress Administration (WPA) • Created public works projects to combat unemployment; created jobs throughout the economy.
Social Security Act • Created unemployment system, disability insurance, old-age pension, and child welfare benefits
Security Exchange Commission • Regulated the stock market and restored investor confidence.
Deficit Spending • Spending money the government doesn’t have. • The amount the government spends PER YEAR over what it brings in.
Fireside Chat • Radio addresses that FDR used to address the American people directly to let them know what he was trying to accomplish.
Court Packing • FDR’s plan to increase the number of supreme court justices from 9 to 15. • This fiasco hurt FDR politically, as many feared court-packing would upset the balance of power in the government.
Frances Perkins • The first female cabinet member in US history. • Nominated by FDR to be Secretary of Labor.
Black Cabinet • A group of influential African Americans who advised president Roosevelt on issues that affected them.
20th Amendment • “lame duck amendment” • Changes the date of the presidential inauguration from March to Jan 20th.