new deal Flashcards
Hundred Day Congress
series of initiatives to Congress designed to counter the effects of the Great Depression
National Banking Holiday
prelude to opening the banks on a sounder basis
Emergency Banking Act
gave administration the right to regulate banks
Civilian Conservation Corps
employed young men on public-work projects
Tennessee Valley Authority
Constructed dams and power plants to improve social and economic welfare in the region
Banking Act of 1933
Created FDIC and authorized branch banking
Federal Deposit Insurance Corporation
Insured individual bank deposits
National Recovery Administration
regulated industry through fair-trade codes for businesses
Securities and Exchange Commission
protects transparency in the stock market
Federal Housing Administration
insured bank loans for building and repairing houses
National Labor Relations Act
recognized rights of labor to organize and bargain collectively, allowed unions
Social Security Act
provided unemployment benefits, pensions for the elderly, and survivor’s insurance
Fair Labor Standards Act
established minimum wage and a maximum workweek
Agricultural Adjustment Administration
establish parity prices for basic commodities, paid farmers not to farm, SC declared it unconstitutional
Soil Conservation and Domestic Allotment Act of 1936
paid farmers to plant soil-conserving crops