All Flashcards
What was the significance of FDR's Banking Holiday?
It aimed to stabilize the banking system and restore public trust during the Great Depression.
What was the impact of the 21st Amendment?
It repealed Prohibition, boosting tax revenue and public morale.
What was the purpose of the First New Deal?
Focused on immediate relief and recovery through various programs.
What was the purpose of the Second New Deal?
Emphasized long-term reforms, particularly in labor and social security.
What was the goal of the AAA?
To raise crop prices by paying farmers to reduce their acreage.
What was the effect of Fireside Chats?
FDR connected with Americans, restoring faith in the government and banking systems.
Who was Franklin Delano Roosevelt (FDR)?
President during the Great Depression who implemented the New Deal.
What is the New Deal?
FDR's program to combat the Great Depression, expanding the federal government's role.
Define 'Banking Holiday'.
Temporary closure of banks to inspect their solvency during the Great Depression.
What is the Emergency Banking Relief Act?
Act that allowed the government to inspect banks and restore public confidence.
Define 'Fireside Chats'.
Radio addresses used by FDR to communicate directly with the American people.
What does 'Relief' mean in the context of the New Deal?
Immediate assistance to alleviate suffering during the Great Depression.
What does 'Recovery' mean in the context of the New Deal?
Efforts to revive the economy and get people back to work.
What does 'Reform' mean in the context of the New Deal?
Changes to the system to prevent future economic crises.
What was the First New Deal?
The initial phase of FDR's New Deal (1933-1935), focused on immediate relief and recovery.
What was the Second New Deal?
The later phase of FDR's New Deal (1935+), emphasizing long-term reforms.
What was the AAA?
Agricultural Adjustment Administration, paid farmers to reduce acreage to increase crop prices.