Chapter 23 The New Deal

What was the first major action Roosevelt took as president?

• He called the first meeting of the "Brain Trust."

• He proposed a reorganization of the Supreme Court.

• He closed all of the nation's banks and ordered inspections.

• He established the Civil Works Administration to provide job relief.

Created through the Glass-Steagall Banking Act, this shored up the banking system by protecting people's savings against loss in the event of a bank failure.

• Federal Deposit Insurance Corporation

• Securities and Exchange Commission

• National Labor Relations Board

• Tennessee Valley Authority

This increased during the Roosevelt administration as the federal government enacted reforms to stabilize the economy.

• Social Security Act

• Federal Deficit

• Parity

• Securities and Exchange Commission

Pollution was an unfortunate result of this program to promote flood control and build hydroelectric power plants.

• Tennessee Valley Authority

• Securities and Exchange Commission

• National Labor Relations Board

• Nuclear Proliferation Board

Created in 1934, this continues to monitor the stock market and enforce laws regarding the sale of stocks and bonds.

• Securities and Exchange Commission

• National Labor Relations Board

• Federal Deposit Insurance Corporation

• Tennessee Valley Authority

Created under the Wagner Act, this continues to act as a mediator in disputes between unions and employers.

• National Labor Relations Board

• Federal Deposit Insurance Corporation

• Securities and Exchange Commission

• Tennessee Valley Authority

Under the second Agricultural Act, loans made to farmers were based on this value of their surplus crops.

• Parity

• Federal Deficit

• Inflation

• Stagnation

This provides programs that aid needy families with children and the needy disabled.

• Social Security Act

• UNICEF

• Live Aid

• Farm Aid

This provides for an unemployment compensation program.

• Social Security Act

• Equal Employment Opportunity Act

• Affirmative Action

• Fair labor Standards Act

This federally regulated crop price was intended to stabilize farmer's incomes.

• Parity

• Inflation

• Deflation

• Stagflation