Alphabet Laws = Descriptions Flashcards

1
Q

FDIC (Federal Deposit Insurance Corporation)

A

Banks close for 8 days and Bank deposits up to 5000 insured

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2
Q

FERA (Federal Emergency Relief Administration)

A

A program that funded public works programs with relief funds that were sent to depleted local funds. Social Worker Harry Hopkins

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3
Q

CWA (Civil Works Association)

A

Public Works programmes giving the unemployed jobs - infrastructure developement.

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4
Q

HOLC (Home Owners Loan Corporation)

A

Established to help people keep their houses - refinanced the home lloans of middle-income home owners

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5
Q

TVA (Tennessee Valley Authority)

A

Helped farmers and created jobs in one of Americas least modernized areas. Tackled, soil erosion, flooding and lack of trees

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6
Q

WPA (Workers Progress Administration)

A

Provided work for millions of americans constructing and repairing schools, hospitals, etc.

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7
Q

FLSA (Fair Labour Standards Act of 1938)

A

Banned Child Labour and set a minimum wage

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8
Q

SSA (Social Security Act)

A

Established a new system that provided old-age pensions for workers, survivor’s benefits for the victims of industrial accidents, unemployment insurance and aid for dependent mothers and children, the blind and the physically disabled

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