Great Depression: New Deal Programs – Flashcards
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National Recovery Act
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1933; this encouraged businesses to set a minimum wage and abolish child labor. It set up codes governing pricing and other practices for every industry. The agency had a blue eagle symbol and slogan - "We Do Our Part."
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Tennessee Valley Authority
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A relief, recovery, and reform effort that gave 2.5 million poor citizens jobs and land. It brought cheap electric power, low-cost housing, cheap nitrates, and the restoration of eroded soil. Still exists.
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Social Security
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(FDR) 1935, guaranteed retirement payments for enrolled workers beginning at age 65; set up federal-state system of unemployment insurance and care for dependent mothers and children, the handicapped, and public health - Still exists.
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Social Security
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(FDR) 1935, guaranteed retirement payments for enrolled workers beginning at age 65; set up federal-state system of unemployment insurance and care for dependent mothers and children, the handicapped, and public health - Still exists.
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Wagner Act
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1935, also National Labor Relations Act; granted rights to unions; allowed collective bargaining
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Civilian Conservation Corps
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1933 Hired young, unemployed people to do restoration projects throughout the country, employed over 3 million people. First 100 days
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Glass-Steagall Act
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(Banking Act of 1933) - Established the Federal Deposit Insurance Corporation and included banking reforms, some designed to control speculation. Repealed in 1999, opening the door to scandals involving banks and stock investment companies.
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Works Progress Administration
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Authorized by Congress in 1935; put $11 million on thousands of public buildings, bridges, roads; Gave 9 million people jobs, and also found part-time jobs for needy high school and college students.
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Indian Reorganization Act
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1934 - Restored tribal ownership of lands, recognized tribal constitutions and government, and provided loans for economic development.
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Emergency Banking Relief Act
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(FDR) 1933 , gave the President power over the banking system and set up a system by which banks would be reorganized or reopened., First Hundred Days
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National Industrial Recovery Act
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A New Deal legislation that focused on the employment of the unemployed and the regulation of unfair business ethics. The NIRA pumped cash into the economy to stimulate the job market and created codes that businesses were to follow to maintain the ideal of fair competition and created the NRA. Eventually declared unconstitutional by Supreme Court.
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Agricultural Adjustment Act
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(FDR) 1933 and 1938 , Helped farmers meet mortgages. Created by Congress in 1933 as part of the New Deal this agency attempted to restrict agricultural production by paying farmers subsidies to take land out of production. Eventually declared unconstitutional. First one declared unconstitutional so was revised and second one was passed.
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Federal Emergency Relief Administration
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1933 The Act was the first direct-relief operation under the New Deal, and was headed by Harry L. Hopkins, a New York social worker who was one of Franklin D. Roosevelts most influential advisers , law provided money for food and other necessities for the unemployed Affected the people in trying to aid people feeling the effects of the depression, still in effect today.
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Civil Works Administration
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1933,headed by Hopkins, Designed to provide purely temporary jobs during the winter emergency of 1933 prevent winter damage by creating tens of thousands of jobs such as leaf-raking and other jobs made just so people can be able to do something. These jobs are called "boondoggling." . purely temporary and often very simple.
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Public Works Administration
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1935 Created for both industrial recovery and for unemployment relief. Headed by the Secretary of Interior Harold L. Ickes, it aimed at long-range recovery and spent $4 billion on thousands of projects that included public buildings, highways, and parkways.
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National Youth Administration
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1935, provided education jobs counseling and recreation for young people. part time positions at schools for students allowed for aid in h.s. college and grad school. part time jobs for drop outs
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Securities and Exchange Commission
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1934 - Created to supervise stock exchanges and to punish fraud in securities trading.
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Home Owners Loan Corporation
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1933 As part of the Hundred Days that understood the nations tragedy of foreclosed mortgages, the HOLC refinanced American home mortgages. This effort allowed one-fifth of all U.S. mortgages to become refinanced which would prevent another Great Depression
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Farm Credit Administration
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1933 Provided low interest farm loans and mortgages to prevent foreclosures on the property of indebted farmers
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Federal Housing Authority
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1934 - Created by Congress to insure long-term, low-interest mortgages for home construction and repair.
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Rural Electrification Administration
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1935; made electricity available at low rates to American farm families in areas that private power companies refused to service.
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Resettlement Administration
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1935, helped resettle destitute farmers on better land and unemployed workers in planned communities after the dust bowl
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Farm Security Administration
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1937-Replaced Resettlement Admin. Made low-interest loans allowing tenant farmers to buy family sized farms. Established network of well-run camps:clean, sanitary shelter,medical services to migrant farm workers.
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Federal Securities Act
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1933 "Truth in Securities Act", this act was created to protect the public against fraud.Before securities could be offered for sale they had to be accompanied by full and true information. Misleading information or the absence of pertinent information could result in prosecution.
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Fair Labor Standards Act
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June 25, 1938- United States federal law that applies to employees engaged in and producing goods for interstate commerce, it established a national minimum wage, guaranteed time and a half for overtime in certain jobs, and prohibited most employment of minors in "oppressive child labor," a term defined in the statute. It is administered by the Wage ; Hour Division of the United States Department of Labor.
