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16 Cards in this Set
- Front
- Back
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FDIC
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Federal Deposit Insurance Corporation
Insured people's money Recovery |
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EBA
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Emergency Banking Act
Declared a bank holiday and changed the banks Recovery |
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FERA
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Federal Emergency Relief Act
Harry Hopkins leads FERA. Spent over 50 million dollars in the first hour of his job, but then tells FDR that people should work for the money Relief (recovery) |
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PWA
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Public Works Administration
Large Scale construction projects (bridges, Empire state building, hoover dam, lake of the ozarks) Recovery (relief) |
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WPA
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Works Project Administration
Artists Relief (recovery) |
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CCC
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Civilian Conservation Corps
18-24 yr old males, live in barracks in national parks; militarizing Relief (recovery) |
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AAA
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Agricultural Adjustment Act
Pay farmers not to farm Relief (recovery) |
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NIRA
NRA |
National Industrial Recovery Act
National Recovery Act Limit overproductivity; set hours, wages, quotas, prices, and working conditions Section 7A allows workers to organize and bargain collectively Unconstitutional - Schecter vs. US Immediate relief, long range recovery and reform |
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TVA
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Tennessee Valley Authority
Build hydroelectric dams up the Tennessee Valley. Gives many people jobs. Blacks are paid the same as whites. Provides cheap electricity and direct competition with private businesses. Socialism - build for and owned by the people of the US Reform (recovery, relief) |
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SEC
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Security and Exchange Commission
Oversees and regulates the stock market. You can't have dishonesty and corruption. If you do, you lose faith in capitalism. Reform |
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CWA
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Civil Works Administration
Hire people to build schools, pools, parks, airports, hospitals, city hall buildings. Relief |
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HOLC
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Home Owners Loan Corporation
Allow people to refinance their homes so they don't get thrown out Relief (recovery) |
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Social Security Act
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Old age pension for 65
Unemployment compensation Aid to Dependent Children and Physical disability Reform |
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AFL
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American Federation of Labor
Labor group |
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CIO
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Congress of Industrial Organization
Unskilled workers |
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UAW
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United Auto Workers
Led by Walter Reather |
