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Rural Electrification Administration

1935; made electricity available at low rates to American farm families in areas that private power companies refused to service.

Federal Housing Administration

A federal agency established in 1943 to increase home ownership by providing an insurance program to safeguard the lender against the risk of nonpayment.

Federal Emergency Relief Administration

Government agency that was a part of the New Deal. It allocated $500 million to relieve cities and states. To help with the unemployment problem.

Agricultural Adjustment Act

Restricted production during the New Deal by paying farmers to reduce crop area.

subsidy

a grant paid by a government to an enterprise that benefits the public

Tennessee Valley Authority

A relief, recovery, and reform effort that gave 2.5 million poor citizens jobs and land. It brought cheap electric power, low-cost housing, cheap nitrates, and the restoration of eroded soil.

Farm Security Administration

lent money to sharecroppers and tenant farmers to help them buy their own farms; established camps for migrant workers

Emergency Banking Act

gave the President power over the banking system and set up a system by which banks would be reorganized or reopened

Federal Deposit Insurance Corporation

a federally sponsored corporation that insures accounts in national banks and other qualified institutions

Securities and Exchange Commission

US government agency which oversees the operations of the stock markets which trade stocks, bonds, and other types of securities.

Social Security Act

guaranteed retirement payments for enrolled workers beginning at age 65; set up federal-state system of unemployment insurance and care for dependent mothers and children, the handicapped, and public health

National Industrial Recovery Act

A New Deal legislation that focused on the employment of the unemployed and the regulation of unfair business ethics. The NIRA pumped cash into the economy to stimulate the job market and created codes that businesses were to follow to maintain the ideal of fair competition and created the NRA.

Fair Labor Standards Act

1938 act which provided for a minimum wage and restricted shipments of goods produced with child labor

National Labor Relations Board

an independent agency of the United States government charged with mediating disputes between management and labor unions

Federal Securities Act

(FDR) 1933, 1934, , required promoters to transmit to the investor sworn information regarding the soundness of their stocks and bonds

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