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First/ 2nd New Deal

TermDefinition
EBA/ EBRA Emergency Banking Act - Allowed Treasury Department to inspect banks before they could reopen, federal assistance for troubled institutions, and reorganize troubled institutions
AAA Agricultural Adjustment Act - Put production limits on crops (wheat, cotton, corn, hogs, rice, tobacco, and dairy) - Pay subsidies for leaving land alone
NIRA National Industrial Recovery Act - Boost industrial recovery by establish codes for fair competition (set minimum wages, maximum hours, and protecting workers’ right to unionize)
PWA Public Works Administration Created under NIRA Funded construction projects (bridges, dams, schools, hospitals) to create jobs
TVA Tennessee Valley Authority - Built dams, provide electricity, created jobs through construction projects, modernized Tennessee Valley region
Banking Act of 1933... Glass-Steagall Act - Separated commercial banking from investment banking to prevent speculation - Established FDIC
FDIC Federal Deposit Insurance Corporation - Government agency that insured individuals’ bank deposits to restore trust in banks
SEC Securities and Exchange Commission - Regulated stock market, enforced securities laws, prevented fraud, oversaw practices like insider trading
FERA Federal Emergency Relief Administration - Provide direct relief (cash payments) and funded work relief programs for unemployed
CWA Civil Works Administration - Established emergency job program to grant temporary jobs like building roads, schools, parks, and airports
CCC Civilian Conservation Corps - Work-relief program for unemployed young men who worked on conservation projects (reforestation, park construction, soil erosion control)
FCA Farm Credit Administration - Provided low-interest loans and refinancing options to farmers struggling with mortgage debt (avoid foreclosure)
HOLC Home Owners Loan Corporation - Refinanced home mortgages for families facing foreclosure, providing longer repayment periods and lower interest rates (stabilized housing markets)
NLRA National Labor Relations Act/ Wagner Act Guarantees workers right to organize unions and bargain
SSAct Social Security Act - Unemployment insurance, old-age pensions, aid to dependent children and disabled
WPA Works Progress Administration - Created jobs through funding public infrastructure (roads, bridges, schools)
Created by: 8-1Lin
 

 



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