FDR New Deals

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8 Terms

1
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SEC

Securities and Exchange Commission — Established laws to prevent manipulation of stock prices and protect investors; still exists today.

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FDIC

Federal Deposit Insurance Corporation — Insures people’s money in banks so they don’t lose it if a bank fails; still exists today.

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FNMA

Federal National Mortgage Association (Fannie Mae) — Provided affordable home loans to help people buy houses and prevent foreclosures; still exists today.

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SSA

Social Security Administration — Manages funds for the elderly and people unable to work due to physical or mental conditions; still exists today.

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NLRB

National Labor Relations Board — Enforced workers’ rights and protected employees from unfair treatment by employers; still exists today.

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TVA

Tennessee Valley Authority — Provided electricity, flood control, and farming assistance to rural areas; still exists today.

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WPA

Works Progress Administration — Created millions of jobs building public projects like schools, hospitals, roads, and airports.

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CCC

Civilian Conservation Corps — Employed young men to work in national parks, plant trees, fight forest fires, and build dams.