Alphabet Laws = Outcomes Flashcards
FDIC (Federal Deposit Insurance Corporation)
Re-established faith in the US banking system and the fear of losing savings was reduced
FERA (Federal Emergency Relief Administration)
Revitalised many deteriorating relief programmes & helped to alleviate dire poverty
CWA (Civil Works Administration)
There was a psychological boost to its workers
HOLC (Home Owners Loan Corporation)
People managed to retain their homes instead of being evicted but did face increased debt due to the refinancing
TVA (Tennessee Valley Authority)
BUilt dams, lakes, forests planted, and built power stations as well as roads. This helped improve the standard of living of people in the area.
WPA (Workers Progress Administration)
Decreased unemployment
FLSA (Fair Labour Standards Act of 1938)
Triumph for worker reform
SSA (Social Security Act)
Although it did not cover farm and domestic workers initially, it helped many Americans feel more fiscally secure.