Quizlet The Great Depression

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  1. AAA Agricultural Adjustment Act: Taxed food processors and gave the money to farmers as payment for not growing food
  2. Bank Holiday: a four-day closing of the nation's banks in order stop the economic panic
  3. CCC Civilian Conservation Corps.: Employed single men ages 18-25 to work in construction (parks, forests, wilderness, and countryside planting tress
  4. EBA Emergency Banking Act: Closed the bankrupt banks and instituted more careful government regulation of banks
  5. FDIC Federal Deposit Insurance Corp.: Permanent agency to insure depositors' money in savings banks
  6. FERA Federal Emergency Relief Administration: Provided state assistance for the unemployed and their families
  7. first new deal (1933): CCC, FERA, EBRA, bank holiday, FDIC, TVA, AAA, NIRA, PWA
  8. NIRA National Industrial Recovery Act: created the NRA
  9. NLRA National Labor Relations Act: Wagner Act helped unions. Ensured fair labor & business practices.Lincoln Tunnel, NY, NJ
  10. NRA National Recovery Administration: a group of businesses organized by the government to set rules and policies for the economy
  11. PWA Public Works Administration: Granted billions of dollars to build large public works (tunnels, bridges, dams)
  12. SEC Securities and Exchange Commission: Permanent agency that serves as a federal "watchdog" to protect investorsfrom stock market fraud, deception,and insider trading on Wall Street.
  13. second new deal (1935): SSA, Wagner act, WPA
  14. SSA Social Security Administration: Sets up a system of pensions for older people, sets up a system of insurance for the unemployed, and gives money to support dependent children and people with disabilities
  15. third new deal: attempt to cut government spending
  16. TVA Tennessee Valley Authority: Built dams to control flooding,generate hydroelectrical power, and boost agricultural production, in theTennessee Valley region. Provided jobs, homes, and reforestation. it still exists!
  17. WPA Works Progress Administration: Provided long term government jobs building school, post offices. also employed artists, photographers, writers, composers, and actors