New Deal Legislation

Question 1

insured everyone’s savings up to $5000;depositors knew they would get their money back

Answer 1

FDIC (Federal Deposit Insurance Company)

Question 2

symbol was a blue eagle;slogan “We do our part”;industrial codes had to be approved, supervised, and enforced

Answer 2

NRA (National Recovery Administration)

Question 3

constructed 125000 public buildings, 650000 miles of roads, 750000 bridges;1935; found useful work for millions of men and women, administered by Harry Hopkins;it had a Federal Arts program that hired writers, actors, artists, and musicians

Answer 3

WPA (Works Progress Administration)

Question 4

1933 and 1938: though Supreme Court declared it unconstitutional in United States v. Butler et al.;push prices for farm goods up by cutting down the amount of crops produced;government bought up land and did not allow planting on it;farmers benefited from rent from government for land and they got higher prices for goods because less land was being used so the total amount grown was smaller

Answer 4

AAA (Agricultural Adjustment Act)

Question 5

brought electricity to Tennessee Valley;”father” was Geroge W Norris of Nebraska;manufactured fertilizers, built more dams for flood relief, and develop lakes and parks for recreation;1933: covered 41000 square miles in 7 states, and developed into the nation’s largest utility

Answer 5

TVA (Tennessee Valley Authority)

Question 6

1933; workers lived in camps owned by army and provided food and shelter and $1 a day in wages, most of which were required to be sent home;cleared brush, planted tress, built small dams, and perform dozens of other useful tasks;put unemployed young men from poor families to work on various conservation projects, over 3 million men from 18-25

Answer 6

CCC (Civilian Conservation Corps)

Question 7

1934: Joseph P Kennedy was the first chairman;Regulated the ways companies could issue and sell stock

Answer 7

Federal Securities Act / Securities and Exchange Commission

Question 8

1935: required management to bargain in good faith;gave labor unions the right to organize and bargain collectively

Answer 8

Wagner Labor Relations Act

Question 9

helped people who were unable to meet mortgage payments to hold onto their homes

Answer 9

HOLC (Home Owners Loan Corporation)

Question 10

ran union elections and settled disputes

Answer 10

NLRB (National Labor Relations Board)

Question 11

1933: cornerstone of the New Deal, created Works Progress Administration under Interior Secretary Harold Ickes;goal was to stimulate private business by permitting manufacturers to cooperate with one another without fear of violating antitrust laws;industries were to draw up rules called codes of fair competition;industries could set up limits that each could produce in order to avoid flooding market with goods that could not be sold;industries could fix prices to avoid cutthroat competition

Answer 11

NIRA (National Industry Recovery Act)

Question 12

found jobs for 4 million people out of work

Answer 12

CWA (Civil Works Authority)

Question 13

1934: aid housing industry, established Federal Housing Authority, the Federal National Mortgage Association, and the Federal Savings and Loan Insurance Corporation;insured its first mortgage loan in 1934 in Pompton Plains NJ

Answer 13

FHA (Federal Housing Act)

Question 14

1935; brought electricity to remote farm districts

Answer 14

Rural Electrification Administration

Question 15

outlawed child labor

Answer 15

Fair Labor Standards Act

Question 16

1933: administered Harry Hopkins;distributed $500 million in federal grants among state organizations that cared for the poor

Answer 16

Federal Emergency Relief Administration

Question 17

1935: provided financial assistance for the aged, needy, unemployed and disabled; also established survivor’s benefits;set up system of old-age insurance paid for partly by workers and their employers

Answer 17

SSA (Social Security Act)

Question 18

employed college students

Answer 18

NYA (National Youth Administration)

Question 19

it provided that when prices were low, producers of wheat, cotton, and other crops could store crops in government warehouse instead of selling them, the corporation would lend money for the farmers to put crops in storage

Answer 19

Commodity Credit Corporation