The New Deal

What established the Federal Deposit Insurance Corporation (FDIC)?

• Glass Steagall Act

• Federal Securities Act

• Securities Exchange Commission

• Homeowners Loan Corporation

What was the New Deal?

• A foreign policy created after World War I.

• Programs to alleviate the problems of the Great Depression focusing on relief, recovery, and reform.

• A plan to expand US territory.

• A law that ended the stock market.

What were the fireside chats?

• Informal meetings between Congress and the Supreme Court.

• Radio talks where Roosevelt explained New Deal policies in simple language.

• Speeches given only to business leaders.

• Emergency meetings during blank closure.

What was deficit spending?

• When the government saves more money than it spendes.

• When the government spends les than it collects.

• When the government spends more money than it receives in revenue.

• When banks loan money to citizens.

Who was Franklin D. Roosevelt?

• The president during World War I.

• The 32nd president who addressed the Great Depression and created the New Deal.

• A Supreme Court justice.

• A New Deal critic.

Why was Eleanor Roosevelt influentia?

• She served on the Supreme Court

• She focused only on foreign policy

• She pushed for women in government and supported civil rights

• She managed New Deal finances

What did Roosevelt accomplish in the first 100 days?

• Ended unemployment completely

• Passed more than 15 major New Deal laws and declared a bank holiday.

• Declared war on Europe.

• Reduce the role of the federal governemt.

Why were Fireside Chats significant?

• They replaced newspapers.

• They allowed Congress to speak directly to citizens.

• They helped reassure Americans about banks and New Deal policies.

• They were used to criticize the Supreme Court.

Why did Roosevelt declare a bank holiday?

• To punish bankers.

• To close all banks permanently.

• To stop people from withdrawing money and prevent banks failures.

• To raise taxes.

Which New Deal acts were ruled unconstitutional by the Supreme Court and why?

• Tennessee Valley Authority: Too expensive

• Agricultural Adjustment Act and National Industry Recovery Act: Expanded federal power too much

• Work Progress Administration: Hired too many workers.

• Social and Exchange Commission: Regulate stocks