All Flashcards
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.
What caused the Banking Holiday?
Widespread bank failures and loss of public trust in the banking system during the Great Depression.
What were the effects of the New Deal?
Expanded the role of the federal government, provided relief, recovery, and reform, and reshaped the political landscape.
What was the effect of the AAA?
Increased crop prices but could hurt sharecroppers; later declared unconstitutional.
Who was Franklin Delano Roosevelt (FDR)?
President during the Great Depression who implemented the New Deal.