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Chapter 25- New Deal
| Term | Definition |
|---|---|
| National "bank holiday" | banks could not open until government inspected and problems addressed |
| Emergency Banking Act | federal loans available to banks |
| Federal Emergency Relief Administration | money loaned to state agencies for needy families (food, shelter, clothing) |
| Civilian Conservation Corps (CCC) | hired young men (18-25) to plant trees, build roads, and work on flood control |
| Agricultural Adjustment Act (AAA) | paid farmers to destroy crops, hoping it would create a shortage and increase prices |
| National Recovery Administration (NRA) | cooperation between businesses, labor and government, reduced work week, minimum wage and ended child labor |
| Truth in Securities Act | controlled selling of stocks and bonds |
| Tennessee Valley Authority (TVA) | workers worked on environmental problems in the Tennessee River Valley (flood control, soil erosion and dams for electricity) |
| Works Progress Administration (WPA) | hoping to employ the unemployed, built schools, hospitals, playgrounds, museums and airports |
| Wagner Act | gave workers the right to form unions |
| Social Security Act | taxes paid by employees and employers, for elderly, unemployed and disabled workers |
| Federal Housing Administration (FHA) | generated low-cost home building and repair, guaranteed money to banks |
Created by:
jyoung02
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