3 R’s Flashcards

1
Q

3 R’s

A

Reform, Relief, and Recovery

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2
Q

1 example of Reform

A

Social security

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3
Q

1 example of reform

A

Security and exchange Commission

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4
Q

1 example of relief

A

Bank Holiday

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5
Q

1 example of relief

A

emergency banking act

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6
Q

1 example of recovery

A

Agricultural Adjustment Act (AAA)
(Taxed food processors and gave the money straight to farmers as payment for not growing food. This decreased the inventory so the price would go up

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7
Q

1 example of recovery

A

Home Owners Loan Corps
(Gave land owners a loan so they could pay their mortgage

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8
Q

Reform

A

Is forever

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9
Q

Relief

A

Is right away

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10
Q

Recovery

A

Is for the great depresión

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