Glossary Term – Event
Franklin D. Roosevelt elected president
With the Great Depression casting a shadow over the 1932 election, Democrat Franklin D. Roosevelt was elected president over incumbent Republican Herbert Hoover.
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Showing results 51 – 60 of 137
Glossary Term – Event
New Deal introduced
Upon his inauguration, Franklin D. Roosevelt introduced the “New Deal.” New Deal policies provided jobs and funds for federal projects through a number of “alphabet soup” agencies.
Glossary Term – Event
First fireside chat
President Franklin D. Roosevelt held the first of his fireside chats, a series of evening addresses to the American people broadcast on the radio. Roosevelt’s first chat concerned the banking crisis
Glossary Term – Event
Bank Holiday
President Franklin D. Roosevelt ordered a shut down of the nation’s banks for several days beginning March 6. Banks started re-opening on March 13.
Glossary Term – Event
Emergency Banking Bill
At Roosevelt’s urging, Congress passed the Emergency Banking Bill, which took the nation off the gold standard, allowed some Federal Reserve System banks to reopen, and permitted the Federal Reserve and the Reconstruction Finance Corporation to provide funds to buy stocks in chosen banks.
Glossary Term – Event
Bank Act of 1933
The Bank Act of 1933 introduced banking reforms and created the Federal Deposit Insurance Corporation.
Glossary Term – Organization
Works Progress Administration
The Works Progress Administration was a New Deal organization established by Congress in 1935 to create jobs by employing Americans in conservation, construction, and the arts.
Glossary Term – Organization
Tennessee Valley Authority
The Tennessee Valley Authority was created by Congress in 1933 to construct dams, hydroelectric systems, and power plants in the Tennessee River valley region. An independent public corporation, The Tennessee Valley Authority created badly needed jobs and developed much of the region.
Glossary Term – Organization
Reconstruction Finance Corportation
The Reconstruction Finance Corporation was created in 1932 to bolster economic recovery by financing banks, insurance companies, railroads, and farm mortgage associations.
Glossary Term – Organization
Public Works Administration
The Public Works Administration was created by the National Industrial Recovery Act of 1933 to stimulate the economy by creating government jobs.