3 R’s Flashcards
1
Q
3 R’s
A
Reform, Relief, and Recovery
2
Q
1 example of Reform
A
Social security
3
Q
1 example of reform
A
Security and exchange Commission
4
Q
1 example of relief
A
Bank Holiday
5
Q
1 example of relief
A
emergency banking act
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
7
Q
1 example of recovery
A
Home Owners Loan Corps
(Gave land owners a loan so they could pay their mortgage
8
Q
Reform
A
Is forever
9
Q
Relief
A
Is right away
10
Q
Recovery
A
Is for the great depresión