FDR first 100 day policies- 1st new deal

Question 1

Federal Deposit Insurance Corp (FDIC)

Answer 1

ensure up to $10k
Separated commercial banking from investment banking

Question 2

Security Exchange Commission

Answer 2

regulated the stock market

Question 3

Tennessee Valley Authority (TVA)

Answer 3

Public money into dam building, provision of cheap electricity, and promotion of industrial development in rural areas

Question 4

Civilian Conservation Corps (CCC)

Answer 4

Created job for 18-26 year olds
Ended crop overproduction and raised prices

Question 5

Federal Emergency relief Act (FERA)

Answer 5

Money to help with local unemployment

Question 6

Home Owners Loan Corporation (HOLC)

Answer 6

Loaned out money to help pay mortgage

Question 7

Civil Works Administration (CWA)

Answer 7

Provided jobs on public works projects

Question 8

Federal Homeowners Association

Answer 8

insured bank loans to build or repair homes

Question 9

Agricultural Adjust Act (AAA)

Answer 9

Allowed government influence in agricultural matters such as prices and production

Question 10

Emergency Banking Act

Answer 10

Gave the government greater powers over banking

Question 11

Economy Act

Answer 11

Promised to balance the budget and control government spending

Question 12

Emergency Relief Administration

Answer 12

Gave $3.1 billion to states and local governments to employ people in local projects