New Deal: Relief, Recovery, Reform – Flashcards
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Fair Labor Standards Act
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(Workers/Reform) provided for a minimum wage & restricted shipments of goods produced with child labor
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Home Owner's Loan Act
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(Middle Class/Relief) provided for the refinancing of home mortgages to stop foreclosures in urban areas.
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Revenue Act
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(Middle Class/Reform) Act that added two sections to the Tax Code: increased taxes on the wealthy
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Federal Emergency Relief Act
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(Needy/Relief) Law provided money for food and other necessities for the unemployed.
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Civilian Conservation Corps.
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(Needy/Relief) *reduced poverty/unemployment *Young men go to rural camps for 6 months *construction work; $1/day; 40 hr weeks *help youth escape cities *Concerned with soil erosion, state/national parks, telephone/power lines
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Tennessee Valley Authority
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(Needy/Relief) 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.
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Works Progress Administration
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(Needy/Relief) *Provided jobs and income *Couldn't work more than 30 hours a week. *Built public buildings & roads, & operated a large arts project.
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National Youth Administration
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(Needy/Relief) *Education jobs, counseling, & recreation for young people. *Part time jobs for drop outs
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National Public Housing Act
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(Needy/Relief) *To alleviate housing conditions in low-income groups; created the US Housing Authority.
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TVA
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(Needy/Recovery) The Tennessee Valley Authority federation was created to provide navigation, flood control, electricity generation, fertilizer manufacturing, and economic development
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WPA
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(Needy/Recovery) Work Progress Administration: Massive work relief program funded projects ranging from construction to acting; disbanded by FDR
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Social Security Act
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(Needy/Recovery) Created a tax on workers and employers. That money provided monthly pensions for retired people.
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Emergency Banking Relief Act
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(Wall St. & Banks/Relief) Gave the President power over the banking system and set up a system by which banks would be reorganized or reopened
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Glass-Steagall Banking Reform Act
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(FDIC) (Wall St. & Banks/Reform) This gave the President the power to regulate banking transactions and foreign exchange
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