Alphabet Agencies Flashcards
What does FCA stand for?
Farm Credit Administration
What does AAA stand for?
Agricultural Adjustment Agency
What does NRA stand for?
National Recovery Administration
What does HOLC stand for?
Home Owners Loan Corporation
What does TVA stand for?
Tennessee Valley Authority
What does CCC stand for?
Civilian Conservation Corps
What does CWA stand for?
Civil Works Administration
What does FERA stand for?
Federal Emergency Relief Agency
What does PWA stand for?
Public Works Administration
What did FCA do to help?
- lent money to farmers who couldn’t afford loan payments
- $100 million loaned out in 18 months
What did the AAA do to help?
- paid farmers to produce less and destroy some food they already produced
- food prices rose as supply decreased
- farmers income doubles, better standards of living
What did the NRA do to help?
- set out to improve working conditions in industry and outlawed child labour
- encouraged to adopt a code of practice (557)
- fair conditions, wages and prices for workplaces
- had the right to join a trade union
Why did the AAA face criticism?
food was being destroyed when millions were starving
Why did the NRA face criticism?
- voluntary scheme, refused to join
- strikes
- the Supreme Court declared it to be unlawful
What was the result of the NRA?
2.5 million firms employed 22 million workers