Alphabet Soup of the New Deal

Civilian Conservation Corps

Targeted 18-24 yr old men for jobs like park restoration, paid $25/month, kept $5, sent $20 home

Federal Deposit Insurance Corporation

New Deal agency insuring bank deposits, ensuring depositors' money safety up to the insurance limit

Securities and Exchange Commission

Regulated the stock market to make it safer for investments

Agricultural Adjustment Act

Aimed to end overproduction and increase crop prices

Tennessee Valley Authority

New Deal agency building dams in Tennessee River valley for flood control and electricity generation

Federal Emergency Relief Act

Provided federal funds to state and local agencies to aid the unemployed

Civil Works Administration

Offered jobs for public works projects

Home Owners Loan Corporation

Provided low-interest loans for those struggling with mortgage payments

Federal Housing Administration

Insured bank loans for home building and repairs

National Recovery Administration

Developed codes setting minimum wages and prices to boost worker wages and business profits

Public Works Administration

Built important structures, improved infrastructure, and created new jobs

Works Progress Administration

Constructed highways, provided arts programs, and created jobs

Social Security Act

Established pension system for retirees and unemployment insurance for jobless workers

Rural Electrification Administration

Loaned money to electric utilities for building power lines in rural areas