Acts of the New Deal
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15 terms
Terms | Definitions |
|---|---|
 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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