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New Deal ABCs
Knowing New Deal Agencies and Acts
| Term | Definition |
|---|---|
| EBRA- Emergency Banking Relief Act | allowed the treasury secretary to issue loans to banks in need, limit operations of banks who were failing, and giving the president executive power to investigate and regulate banks during emergencies. |
| CCC- Civilian Conservation Corp | put unemployed, unmarried men (and eventually unemployed war veterans) to work planting trees, building fire towers, restoring forests, and creating camp grounds and picnic areas. |
| FERA- Federal Emergency Relief Act | which provided state assistance to the unemployed and their families. It also created unskilled jobs in local and state government and provided projects for professionals |
| AAA- Agricultural Adjustment Act | This act limited farm production to help raise prices. It worked by paying farmers to reduce their crop production and kill off excess livestock. Increased farming income by 50% |
| HOLA- Home Owners Loan Act | Created the Homeowners Loan Corporation (HOLC), which provided financing for small homes to prevent foreclosure and allowed homeowners to pay off loans in monthly installments |
| NIA- National Industrial Recovery Act | Supported fair competition in businesses, established the right for workers to bargain collectively, regulated working hours, and more. |
| PWA- Public Works Administration | public works projects, creating jobs and providing loans to private industries for the creation of large-scale projects, such as bridges, power plants, hospitals, sewage plants, and more |
| TVA - Tennessee Valley Authority Act | built dams, controlled flooding, and brought electricity, and agricultural and industrial development to rural areas in the Tennessee Valley |
| SEC- Securities & Exchange Commission | regulated stock trading |
| IRA- Indian Reorganization Act | self government and a credit program to foster land purchases, education, and tribal organization. |
| WPA- Works Progress Administration | created jobs in public works. the arts and research. |
| SSA- Social Security Act | created unemployment insurance, retiree pensions, disability insurance and aid to poor children |
| NLRA- National Labor Relations Act | created a board to oversee labor laws |
| FDIC- Federal Deposit Insurance Corporation | insured bank deposits up to $250,000 |
| SCDA- Soil Conservation & Domestic Allotment | goal of conserving soil and preventing erosion on farmland, government to pay farmers to stop producing soil-depleting crops |
| FLSA- Fair Labor Standards Act | created a minimum wage and maximum hours for many workers. |
| HOMES-Great Lakes | Terms used to describe Great Lakes |
Created by:
Mr.Tobe
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