The New Deal: Relief, Recovery, Reform – Flashcards
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Emergency Banking Relief Act March 9, 1933
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Allowed the government to examine all banks and allow those that were financially sound to open (recovery)
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Civilian Conservation Corps (CCC) March 31, 1933
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Provided jobs and relocation for young men (18-25) in building parks, planting trees, building small dams, draining swamps, assisting in flood control, etc. (relief)
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Federal Emergency Relief Administration (FERA) May 12, 1933
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Gave direct relief in the form of money ($3 billion) to states and localities for distribution to the needy (relief)
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Agricultural Adjustment Act (AAA) May 12, 1933
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Paid farmers to reduce the amount of crops harvested, destroyed livestock, and to not farm in order to reduce surplus of goods and raise prices due to the scarcity of the products (relief)
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Tennessee Valley Act May 18, 1933
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Brought electricity to rural areas that could not afford electric power lines (reform)
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Homeowners' Loan Corporation (HOLC) June 13, 1933
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Loaned money to homeowners to help them refinance their mortgages and avoid losing their property through bank foreclosures (recovery)
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Public Works Administration (PWA) June 16, 1933
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Made loans to private industries to build public works such as dams, ports, bridges, sewage plants, hospitals, governments buildings, and airports (recovery)
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Federal Deposit Insurance Corporation (FDIC) June 16, 1933
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Insured savings of bank depositors and monitored soundness of insures banking institutions (recovery)
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Civilian Works Administration (CWA) November 9, 1933
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Provided money to states to employ young men to build 225,000 miles of roads, 30,000 schools, and 3,700 playing fields (recovery)
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Securities and Exchange Commission (SEC) June 6, 1934
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Regulated the stock and bond trading; regulated exchanges where stocks and bongs were sold and legislated requirements for disclosure of fair stock information (reform)
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Federal Housing Act (FHA) June 28, 1934
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Provided bank loans to help repair, rebuild, and insure older homes (reform)
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Works Progress Administration (WPA) 1935
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Employed people to do artistic, public works, and research projects by setting aside $300 million to create Federal Project Number One (relief)
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National Youth Administration (NYA) 1935
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Provided job training and work for people ages 16-25; provided part-time jobs for needy students (relief)
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Wagner Act July 5, 1935
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Created the NLRB and reaffirmed laborers' rights to bargain for wages, hours, and working conditions, the right to strike, and the right of arbitration for grievances (reform)
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Social Security Act August 14, 1935
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Provided benefits for unemployed, aged, dependent, and handicapped persons (reform)
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Fair Labor Standards Act June 25, 1938
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Established a minimum wage of 40 cents per hour and a maximum work week of 40 hours (reform)
