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16 Cards in this Set

  • Front
  • Back
Emergency Banking Relief Act
Emergency funds for shaky banks and federal inspections of banks before they were allowed to reopen
Farm Credit Administration
refinance of farm mortgages with lower interest rates
Civilian Conservation Corps
employed nearly 3 million men construction projects
Civil Works Administration
provided jobs that “made work”, shut down in 1934 due to excessive costs
National Industrial Recovery Act & Public Works Administration
public building projects that would create demand for steel and cement
Agricultural Adjustment Act
helped drive up the price of ag products through subsidies
National Industrial Recovery Act
1. allowed for industries to set higher prices
2. protected workers’ right to organize
3. brought about moderate increases in pay
4. production dropped and workers could not afford products
5. business opposed intervention and NRA was found unconstitutional in 1935 in Schecter Poultry v. US
Tennessee Valley Authority
1. created hydroelectric dams on the TN River
2. brought electricity to the rural south
3. fought flooding problems and erosion
4. first federal effort to improve the South since before the Civil
Glass-Steagall Banking Act
Created FDIC
Securities and Exchange Commission
Regulated the stock market
Revenue Act

raised taxes on incomes over $50,000, 75% on incomes over 5 mil
Banking Act of 1935

increased gov. regulation of banks and monetary policy
Social Security Act

1. pensions for elderly
2. unemployment insurance financed by payroll taxes
3. federal assistance for widows
4. less radical than European systems, but clearly a major change
Works Progress Administration

1. started a variety of public works projects
2. famous for creating jobs for artists
3. largest employment project
Wagner Labor Relations Act

1. created the NLRB
2. required formal recognition of unions
3. created an environment where Comm. of Ind. Workers could grow
Fair Labor Practices Act

restored labor portion of voided NIRA

1. created a minimum wage
2. established the 40 hour work week
3. protected the right of collective bargaining