What was the New Deal?
The New Deal was a series of federal programs and laws under President Franklin D. Roosevelt to address the Great Depression.
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What was the New Deal?
The New Deal was a series of federal programs and laws under President Franklin D. Roosevelt to address the Great Depression.
How severe was U.S. unemployment by 1933?
By 1933, an estimated 13 million people were unemployed—about one-quarter of the labor force.
How did the FDIC help restore confidence in banks?
The FDIC insured bank deposits, helping restore public confidence in banks.
What were the three broad aims of New Deal measures?
Relief provided immediate assistance; recovery aimed to revive economic activity; reform sought greater security and protection against future crises.
What did the Federal Emergency Relief Administration do?
The Federal Emergency Relief Administration supported state relief efforts.
How did CCC and WPA work-relief jobs differ?
The CCC employed young men in conservation projects, while the WPA hired people for public construction and projects in the arts and humanities.
How did the AAA seek to raise farm prices?
The AAA sought to raise farm prices by limiting agricultural production.
What were the TVA’s main contributions to the rural South?
The TVA built dams and power facilities, brought electricity to parts of the rural South, and supported regional development.
What role did the SEC have in New Deal reform?
The SEC regulated securities markets as part of the New Deal’s financial reforms.
What labor rights did the Wagner Act protect?
The National Labor Relations Act of 1935, or Wagner Act, protected many workers’ rights to organize unions and bargain collectively.
What workplace rules did the Fair Labor Standards Act establish?
The Fair Labor Standards Act of 1938 established federal minimum-wage and maximum-hours rules for covered workers.
What forms of support did the Social Security Act establish?
The Social Security Act of 1935 established federal old-age benefits, federal-state unemployment insurance, and assistance programs for some people in need. Retirement payments were scheduled to begin in 1942.