Programs & Acts Quiz Flashcards

1
Q

AAA

A
  • Agricultural Adjustment Administration
  • problem > prices for farm goods were low b/c farmers grew too much food
  • AAA > gov. would pay farmers not to raise certain livestock, such as hogs, and not to grow certain crops such as wheat and tobacco
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2
Q

FDIC

A
  • Federal Deposit Insurance Corporation
  • created to provide gov. insurance for bank deposits up to a certain amount
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3
Q

NIRA

A
  • National Industrial Recovery Act
  • suspended the antitrust laws and allowed business, labor, and gov. to cooperate in setting up voluntary rules for each industry
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4
Q

WPA

A
  • Works Progress Administration
  • a federal agency head by Harry Hopkins
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5
Q

CWA

A
  • Civil Works Administration
  • created to prevent, reduce, and eliminate pollution in the nation’s water in order to restore and maintain the chemical, physical, and biological integrity of the Nation’s waters
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6
Q

SEC

A
  • Securities and Exchange Commission
  • an independent agency created to regulate the stock market and prevent fraud
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7
Q

NRA

A
  • National Recovery Administration
  • Under the leadership of Hugh
  • Limited power to enforce code agreements by using public opinion to pressure companies into going along
  • Became unconstitutional in 1935
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8
Q

NLRB

A
  • National Labor Relations Board
  • consists of five members appointed by the United States President and approved by the Senate
  • organized factory elections by secret ballot to determine weather workers wanted a union, then certified the successful unions
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9
Q

CCC

A
  • Civilian Conservation Corps
  • most highly praised work relief program
  • combined Roosevelts’ love of nature and commitment to conservation with the need to help the unemployed
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10
Q

FERA

A
  • Federal Emergency Relief Administration
  • channeled money to state and local agencies to fund their relief projects
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11
Q

PWA

A
  • Public Works Administration
  • began a series of construction projects which focused on economic investment
  • had workers work on highways, dams, schools, sewer systems, etc.
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12
Q

HOLC

A
  • Home Owners Loan Corporation
  • bought the mortgages of homeowners who were behind in their payments
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13
Q

Emergency Banking Relief Act

A

required federal examiners to survey the nation’s bank and issue Treasury Department Lisneses to those who were financially sound

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14
Q

Social Securities Act

A

guarantees benefits for the elderly and the unemployed

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15
Q

Securities Act

A

required companies that sold stocks and bonds to provide complete and truthful information to investors

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16
Q

Glass-Steagall Act

A

effectively separated commercial banking from investment banking and created the Federal Deposit Insurance Corporation (FDIC)