Flashcard: The New Deal and Its Legacy — 14 carte

Great Depression — definition?

Severe US economic collapse after 1929.

New Deal — role?

FDR’s domestic programs to combat depression.

Laissez-faire capitalism — function?

Minimal government intervention in markets.

First New Deal — focus?

Relief, Recovery, Reform (3 Rs).

Relief — purpose?

Direct aid and jobs for the unemployed.

Recovery — goal?

Restart agriculture and industry output.

Reform — aim?

Fix financial system and prevent future depressions.

Fireside Chats — purpose?

Build public trust through radio broadcasts.

Second New Deal — shift?

Long-term social security and reforms.

WPA — employment?

Employed over 8 million Americans.

Wagner Act — guarantees?

Workers’ right to unionize and bargain.

Social Security Act — components?

Pensions, unemployment insurance, aid.

Court-Packing Scheme — aim?

Add judges to influence Supreme Court.

Opposition — Huey Long’s plan?

Share Our Wealth: tax rich, aid poor.