FDR Flashcards
Public Works Administration
spend 4 billion dollars on 34,000 projects
public buildings, highways, and parkways
headed by Secretary of the Interior: Harold L Ickes
Agricultural Adjustment Act
made millions of dollars available to farmers to meet mortgages
Federal Housing Administration
stimulate building industry through small loans to householders
US Housing Authority
lend money to states and communities for low cost construction
caused slums to stop growing
Social Security Act
created pension and insurance for the old aged, blind, disabled, delinquent children, etc.
paid for by taxing employers/employees
Federal Deposit Insurance Corporation
insured individual deposits up to $5000 which eliminated epidemic of bank failure
restored faith to banks