Chapter 15: The New Deal Review #2

Federal Securities Act

This required corporations to provide complete, truthful information on all stock offerings.

Securities and Exchange Commission

This was created to reform, and to restore confidence in, the stock market by providing a means to monitor the market and to enforce laws regarding the sales of stocks and bonds.

Fair Labor Standards Act

This set a national minimum hourly wage and prohibited factory labor for children under sixteen years of age.

Tennessee Valley Authority

This rebuilt dams and provided hydroelectric power to an impoverished region.

Wagner Act

This protected the right of workers to join unions and established the National Labor Relations Board to settle disputes between employers and employees.

Emergency Banking Relief Act

This provided for bank inspections by the Treasury Department and a means for making federal loans to solid banks.

Social Security Act

This provided a pension for retired workers and their spouses and aided people with disabilities, poor mothers with dependent children, and the needy elderly.

Civilization Conservation Corps

This put huundreds of thousands of young, single men to work building roads, developing parks, planting trees, and helping in soilerosion and flood-control projects.

Federal Deposit Insurance Corporation

Created through the Glass-Steagall Banking Act of 1933, this originally protected up to $5,000 of an individual's bank account.

Works Progress Administration

This addressed the problems of unemployment and poverty by creating jobs that ranged from the construction of airports and libraries to the sewing of clothing for the needy.

Federal Emergency Relief Administration

This provided direct relief in the form of food and clothing to the neediest people hit by the Depression - the unemployed, the aged, and the ill.

Tennessee Valley Authority

This helped to create prosperity in a poverty-stricken region by providing funds to build and repair dams, flood-control projects, and power plants.

Agricultural Adjustment Act

This paid farmers to lower production and, in some cases, to destroy crops, with the greater goal of raising crop prices and farm income.

Glass-Steagall Banking act

This established the Federal Deposit Insurance Corporation (FDIC), with the greater goal of restoring public confidence in the banking system.

Civilian Conservation Corps

This put almost 3 million young men to work building roads, developing parks, and helping in soil-erosion and flood-control projects.

Federal Securities Act

This required corporations to provide complete information on all stock offerings, with the greater goal of restoring public confidence in the stock market.

Emergency Banking Relief Act

This authorized the Treasury Department to inspect banks and to close those that were unsound, with the greater goal of restoring public confidence in the banking system.

National Industrial Recovery Act

This created an administration that set fair prices on many products and established labor standards, with the greater goal of ensuring fair business practices and promoting industrial growth.

Social Security Act

This provides for an old-age insurance program.

Parity

This federally regulated crop price was intended to stabilize farmers' incomes.

Social Security Act

This provides for an unemployment compensation program.

Social Security Act

This provides programs that aid needy families with children and the needy disabled.

Parity

Under the second Agricultural Act, loans made to farmers were based on this value of their surplus crops.

National Labor Relations Board

Created under the wagner act, this continues to act as a mediator in disputes between unions and employers.

Securities and Exchange Commission

Created in 1934, this continues to monitor the stock market and enforce laws regarding the sale of stocks and bonds.

Tennessee Valley Authority

Pollution was an unfortunate result of this program to promote flood control and build hydroelectric power plants.

Federal Deficit

This increased during the Roosevelt administration as the federal government expected reforms to stabilize the economy.

Federal Deposit Insurance Corporation

Created through the glass-seagull banking act, this shored up the banking system by protecting people's savings against the loss in the event of a bank failure.