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19 Cards in this Set
- Front
- Back
Emergency Banking Relief Act
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authorized the government to examine the finances of banks closed during the bank holiday and reopened the ones that were considered safe
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Federal Deposit Income Corporation (FDIC)
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guaranteed individual bank deposits up to $5000
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Home Owners Loan Corporation (HOLC)
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provided refinancing of small homes to prevent foreclosures
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Farm Credit Administration
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provided low interest farm loans and mortgages to prevent foreclosures on the property of farmers in debt
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Federal Emergancy Relief Administration (FERA)
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offered grants of money to states and local governments that were opporating in benefit to the needy (Harry Hopkins)
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Public Works Administration (PWA)
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gave money to state and locan governments to build public stuff like damns roads and bridges(Harold Ickes)
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Civil Conservation Corps (CCC)
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employed young guys to work on government land and send home money
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Tennesee Valley Authority (TVA)
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built damns in TN Valley, brought jobs electricity, and prevented flooding
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National Recovery Administration (NRA)
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Attempt to guarantee reasonable profits for business and fair wages for labour, right to organize and bargin collectively.(Hugh Johnson) Unconstitutional Schechter v. U.S.
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Agricultrual Adjustment Administraion (AAA)
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encouraged production on farms and offered to pay gvt subsidies for ever acre they did for the gov. Unconstitutional (1953)
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Civil Works Administration (CWA)
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added to PWA and added jobs (temp by federal gvt)
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Works Progress Administration
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Employed many ppl and paid them double, artists, writers, painters, and actors included
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Securities and Exchange Commission (SEC)
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created to regulate the stock market and place strict limits on the kind of speculation (policed)
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Federal Housing Administraion (FHA)
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gave the contruction industry and homeowners a boost by insuring bank loans for building new houses
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Resettlement Administration (RA)
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provided loands to share croppers, tenants, and small farmers, established federal camps where migrant workers could find decent housing (Brain Trust)
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National Labour Relations (Wagner) Act
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1935 replaced National Industrial Recovery Act, granted workers the right to join union and bargin collectiveley, National Labor Relations Board
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Rural Electrification Act
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agency provided loans for electrical cooperatives to supply power in rural areas
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Social Securities Act
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Granted Social Securities
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Fair Labour Standards Act
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minimum wage, maximum workweek of 40 hrs, 1.5 for overtime, child labour restrictions for under 16
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