NEW DEAL PROGRAMS Flashcards

1
Q

CCC – Civilian Conservation Corps:

A

provided jobs for young men to plant trees, build bridges and parks, and set up flood-control projects

RELIEF

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2
Q

FERA – Federal Emergency Relief Act:

A

Provided money for relief projects for the unemployed
(put money back into the economy)

RELIEF

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3
Q

WPA – Works Progress Administration:

A

employed men and women to build government buildings, airports, schools, roads, bridges; employed artists, writers and musicians

RELIEF

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4
Q

NRA – National Recovery Act:

A

regulated business by helping to get workers higher wages; setting prices for goods; helped with working conditions

RECOVERY

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5
Q

TVA – Tennessee Valley Authority:

A

built dams to stop flooding and provided cheap electricity to 7 southern states; set up schools and health centers

RECOVERY

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6
Q

AAA – Agricultural Adjustment Act:

A

Paid farmers not to grow certain crops to combat overproduction on farms

RECOVERY

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7
Q

REA – Rural Electrification Administration:

A

paid workers to help bring cheap electricity to rural areas

RECOVERY

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8
Q

FDIC – Federal Deposit Insurance Corporation:

A

insured savings accounts in banks approved by the government up to $100,000

REFORM

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9
Q

SSA – Social Security Act:

A

set up a system of pensions for the elderly, the unemployed, dependent children and people with disabilities

REFORM

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10
Q

SEC - Securities and Exchange Commission:

A

gov. agency created to regulate (control) the stock market

REFORM

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11
Q

Glass-Steagall Act:

A

in addition to creating the FDIC, this law separated commercial banking from investment banking (ex: banks cannot use customer’s deposits to invest in stocks); repealed in 1999

REFORM

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