Roosevelt's New Deal Programs Alpha Soup Flashcards
Emergency Banking Relief Act (EBRA)
Authorized the Treasury Department to inspect and close banks.
Goal - to raise public confidence in banks.
Glass-Steagall Banking Act of 1933
This act established the FDIC (Federal Deposit Insurance Corporation)
Goal - to build public trust in the banking system
Federal Securities Act
This act required the stock market to provide complete information on all stock offerings
Goal - To restore confidence in the stock market
National Industrial Recovery Act (NIRA)
This act helped factories establish fair labor practices and fair prices.
Goal - to help businesses recover
Agricultural Adjustment Act (AAA)
This act helped farmers to lower food production and destroy crops.
Goal - to raise crop prices and farm income.
Tennessee Valley Authority (TVA)
This act provided money to build dams for flood control.
Goal - to help the poverty stricken areas of the Tennessee Valley
Civilian Conservation Corps (CCC)
This act put young men to work building roads, parks, flood control and soil erosion projects.
Goal - to employ people
Federal Emergency Relief Administration (FERA) (word Relief means giving money to help people directly
This act gave money to the neediest people including the unemployed, aged and sick.
Goal - to help the neediest people
Public Works Administration (PWA)
This act provided money to states for the construction of schools and community buildings.
Goal - to create jobs
What are the 3 Rs of the Roosevelt New Deal?
Relief - direct assistance to the unemployed and poor.
Recovery - help the sick economy get better with government spending and job creation.
Reform - reform the financial system to prevent another great depression.