Gave loans to states that needed funding for relief programs
Implemented May 1933, President Roosevelt's first major initiative that had to do with the great depression.
The Federal Emergency Relief Admin, was terminated in 1935 and was handed over to the Works Progress Administration (WPA) and Social Security Board.
Public Works Administration (PWA)
Originally called the Federal Emergency Administration of Public Works.
Later changed to Public Works Administration.(PWA) admini Part of the New Deal of 1933, a big construction agency in the US, created by National Industial Recovery Act in JUne 1933. They built bridges, schools, hospitals, etc.
Their intention was to use a total of $6 billion …show more content…
It was formed in time of emergency, and hed for temporary exsistance. It was voted out by congress in late June, 1942.
The Federal Deposit Insurance Corperation (FDIC)
The FDIC is a US government corperation. It was an independant agency created by the Banking Act of
1933.It provides deposit insurance garunteeing safety for a depositor's accounts, banking up to 250,000 for each deposit ownership in each insured bank. As of late August 2014, the FDIC insured deposits at
6,638 institutions. It also supervises financial institutions for high safety and manages failed banks.
This act doesn't need any appropriations of the Congress. It insures thrift institutions and investments in the US Treasury security. And is located in Washington DC.
The FDIC still exsists and playes an essential and signifigant role in our society today.
National Recovery Administration (NRA)
The NRA, founded late 1871, is an American, non-profit organization that publically supports gun rights.
They teach how to use your firearms in safety. They have published several magazine and they sponsor markmanship events. In May 2013, the membership surpassed around 5 million. Although the NRA …show more content…
The NYA was transfered to the Federal Security Agency. In 1942, it was again transfered to the
War Manpower Comission (WMC). It officially sewed up in 1943. 155,000 youth working part time from relief families were paid $10 to $25 a month and were job trained. The annual budget was around
$58,000,000.
The Wagner Act
Also known as the National Labor Relations Act, is a foundation of the US labor law. It was in effect in July, 1935.
It guarantees basic rights in collective bargaining. It doesn't apply to employers covered by the
Railway Labor Act, state or local government workers, domestic, agricultural, supervisor, or federal workers. It is still active today.
The Social Security Act
The SSA was created in 1934, during the first term of FDR's office. It was passed as the second part of the New Deal. It was attempted to limit old age, unemployment, and poverty. Widows, and fatherless children. President Roosevelt was the first president to advocate federal assistance for the elderly.
This act benefits to the unemployed, and retirees, and benefit at death. The money is taken from your present payroll and "saved away" for later on in life, insurance, and to the states to assist aged