New Deal Flashcards
100 days
a “special session” of 100 days in which Roosevelt has almost dictatorial powers to pass laws without the approval of congress.
Things FDR needed to do urgently
- solve the banking crisis
- Jump start the economy
- Relief Recovery Reform
Alphabet Agencies
Relief Recovery and Reform program to combat the depression
AAA
Agriculture Adjustment Administration. Government offered money to slow production to raise the prices of goods
CCC
Civilian Conservation Corps. Aimed at unemployed young people 18-25. They did environmental projects
PWA
Public Works Administration. Granted $3.3 billion for new government buildings, highways, flood control, and transportation improvements
HOLC
Home Owners Loan Corporation. Purchased and refinanced mortgages. in exchange for mortgages they gave government bonds with interest.
FCA
Farm Credit Association. refinancing farm mortgages and offering credit under favourable terms.
CWA
Civil Works Administration. Created jobs for the unemployed to get over the winter of 1933-34 it gave the unemployed regular wages.
FERA
Federal Emergency Relief Administration. A group that decides if someone deserves emergency relief/grants.
NRA
National Recovery Administration. Representatives of business, labor, and government would draft agreements, or codes, of “fair” business and labor practices for each of the nation’s major industries.
TVA
Tennessee Valley Administration. Building hydroelectric dams. Achieving the unified development of industry, agriculture, flood control, and conservation throughout the entire watershed.
3 Rs
Relief Recovery Reform
Recovery
Revive economy by getting industry going and people into work again
Relief
help those in extreme poverty, feed starving, stop people losing homes. through grants etc.