New Deal and Second New deal key acts

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9 Terms

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Emergency Banking Act
The closing and reassing of banks
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Agricultural Adjustment Administration
If farmers kept an acre of the land clear they would recieve around $11. this was to tackle over production
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Commodity Credit Corporation
Paid farmers to keep extra goods in their barns to raise the price of goods
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Farm Credit Administration
Improved mortgage arrangemnets for around 20% of USA’s farms, helping farmers stay on thier land.
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National Recovery Administration
Made nation wide codes that indurties could chose to follow. It improved the lives of workers
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Federal Emergency Relief Administration FERA
gave $500 million as a grant to states to spend on relief. This helped provide unemployed people with basic income to fees thier families and survive in the short term
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Homeowners Refinancing Act
Homeowers were given 20 years to pay off thier mortgage
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Civilian Conservation Corps CCC
Took unemployed young men (17-23) into the countryside and gave them outdoor jobs, most of the money they made would be sent home to thier families.
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Public Works Administration PWA
goverment funding big contruction projects. But thier were expensive and took a long time to set up.