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The New Deal
The New Deal Programs
| Term | Definition |
|---|---|
| Glass-Steagall Act of 1933 | Separated banking according to the types of banking business- commercial banking and investment banking. |
| Agricultural Adjustment Act of 1933 (AAA) | Restored the purchasing power of American farmers to pre-World War I levels. |
| Civilian Conservation Corps (CCC) | Relief act passed by FDR that employed thousands of young men between 18-25, to work on renewing the nations natural resources. |
| Federal Emergency Relief Organization (FERA) | Early Relief Fund which alloted $500 million dollars to help the needy and unemployed. |
| Tennessee Valley Authority (TVA) | Passed in 1933, and pledged to provide through the construction of dams; flood control, reforestation and improvement of farm land, and assisting in the creation of a government nitrate and phosphorus manufacturing facility. |
| Securities and Exchange Commission (SEC) | Prevented Speculation in stock market. |
| National Recovery Administration (NRA) | Agency established by FDR to stimulate business recovery through stringent fair-practice codes. |
| Public Works Administration (PWA) | agency designed to reduce unemployment and increase purchasing power through the construction of highways and public buildings. |
| Works Progress Administration (WPA) | Created jobs for skilled workers |
| Beer and Wine Revenue Act of 1933 | Permitted the sale of wine and beer with an alcohol content less than 3.2%. First step toward repealing the Prohibition Amendment. |