First New Deal Flashcards

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1
Q

CCC

A

Civilian Conservation Corps FDR’s favorite New Deal Program that provided jobs for over 2 million men, replanted forests, built trails, dug irrigation ditches, fought fires

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2
Q

SEC

A

Security and Exchange Commission regulated the stock market to make it a safe place for investments

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3
Q

AAA

A

Agricultural Adjustment Act aimed to end overproduction and raise crop prices

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4
Q

Federal Deposit Insurance Corporation (FDIC)

A

insured bank deposits up to $5,000

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5
Q

Tennessee Valley Authority

A

TVA built a series of dams to control floods and generate electric power gave government direct control of a business

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6
Q

National Industrial Recovery Act

A

established the NRA (National Recovery Administration) which developed codes of fair competition to govern whole industries

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7
Q

PWA

A

Public Works Administration built bridges dams, government buildings, and power plants

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8
Q

Home Owners’ Loan Corporation

A

loaned money at low interest rates to homeowners who could not meet mortgage payments

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9
Q

FHA

A

Federal Housing Administration insured bank loans used for building and repairing homes

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