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16 Cards in this Set
- Front
- Back
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Emergency Banking Relief Act
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Emergency funds for shaky banks and federal inspections of banks before they were allowed to reopen
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Farm Credit Administration
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refinance of farm mortgages with lower interest rates
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Civilian Conservation Corps
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employed nearly 3 million men construction projects
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Civil Works Administration
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provided jobs that “made work”, shut down in 1934 due to excessive costs
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National Industrial Recovery Act & Public Works Administration
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public building projects that would create demand for steel and cement
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Agricultural Adjustment Act
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helped drive up the price of ag products through subsidies
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National Industrial Recovery Act
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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 |
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Tennessee Valley Authority
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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 War |
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Glass-Steagall Banking Act
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Created FDIC
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Securities and Exchange Commission
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Regulated the stock market
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Revenue Act
2nd |
raised taxes on incomes over $50,000, 75% on incomes over 5 mil
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Banking Act of 1935
2nd |
increased gov. regulation of banks and monetary policy
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Social Security Act
2nd |
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 |
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Works Progress Administration
2nd |
1. started a variety of public works projects
2. famous for creating jobs for artists 3. largest employment project |
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Wagner Labor Relations Act
2nd |
1. created the NLRB
2. required formal recognition of unions 3. created an environment where Comm. of Ind. Workers could grow |
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Fair Labor Practices Act
2nd |
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 |
