| Term | Definition |
|
Bank Holiday |
a four-day closing of the nation's banks in order stop the economic panic |
|
EBA Emergency Banking Act |
Closed the bankrupt banks and instituted more careful government regulation of banks |
|
FERA Federal Emergency Relief Administration |
Provided state assistance for the unemployed and their families |
|
AAA Agricultural Adjustment Act |
Taxed food processors and gave the money to farmers as payment for not growing food |
|
NIRA National Industrial Recovery Act |
created the NRA |
|
NRA National Recovery Administration |
a group of businesses organized by the government to set rules and policies for the economy |
|
WPA Works Progress Administration |
Provided long term government jobs building school, post offices. also employed artists, photographers, writers, composers, and actors |
|
CCC Civilian Conservation Corps. |
Employed single men ages 18-25 to work in construction (parks, forests, wilderness, and countryside planting tress |
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PWA Public Works Administration |
Granted billions of dollars to build large public works (tunnels, bridges, dams) |
|
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. |
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FDIC Federal Deposit Insurance Corp. |
Permanent agency to insure depositors' money in savings banks |
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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 |
|
NLRA National Labor Relations Act |
Wagner Act helped unions. Ensured fair labor & business practices.Lincoln Tunnel, NY, NJ |
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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! |
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first new deal (1933) |
CCC, FERA, EBRA, bank holiday, FDIC, TVA, AAA, NIRA, PWA |
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second new deal (1935) |
SSA, Wagner act, WPA |
|
third new deal |
attempt to cut government spending |