ALL Hst110 Keyterms PART 4

FDR?s Liberalism: Fireside chats: a series of thirty evening radio speeches given by United States President Franklin D. Roosevelt between 1933 and 1944. Tennessee Valley Authority: is a federally owned corporation in the United States created by congressional charter in May 1933 to provide: navigation, flood control, electricity generation, manufacturing, and economic development in the Tennessee Valley, a region particularly impacted by the Great Depression. National Recovery Act: was part of President Franklin D. Roosevelt's New Deal. It authorized the President to regulate banks, and attempted to stimulate the United States economy to recover from the Great Depression. To do this it established the National Recovery Administration and the entirely separate Public Works Administration. Agricultural Adjustment Act: restricted production during the New Deal by paying farmers to reduce crop area. Its purpose was to reduce crop surplus so as to effectively raise the value of crops, thereby giving farmers relative stability again. The farmers were paid subsidies by the federal government for letting a certain portion of their fields lay fallow. Dust Bowl: or the Dirty Thirties was a period of severe dust storms causing major ecological and agricultural damage to American and Canadian prairie lands from 1930 to 1936 (in some areas until 1940) Indian New Deal: was a U.S. federal legislation which secured certain rights to Native Americans, including Alaska Natives. It restored to Native Americans the management of their assets and included provisions intended to create a sound economic foundation for the inhabitants of Indian reservations. Congress of Industrial Organization: was a federation of unions that organized workers in industrial unions in the United States and Canada from 1935 to 1955. Keynesian Economics: is a macroeconomic theory based on the ideas of 20th century British economist John Maynard Keynes. It argues that private sector decisions sometimes lead to inefficient macroeconomic outcomes. Wagner Act: also known as the National Labor Relations Act, is a 1935 United States federal law that protects the rights of most workers in the private sector to organize labor unions, engage in collective bargaining, and to take part in strikes and other forms of concerted activity in support of their demands.