New Deals US History II

Agricultural Adjustment Administration

Prices for farm goods too low due to farmers farming too much, so they paid farmers to not raise certain livestock or grow certain crops.

Securities and Exchange Commission

Required companies that sold stocks and bonds to provide complete and truthful information to investors

Federal Deposit Insurance Corp.

You are able to put up to $250,000 dollars into a bank, and have it be insured. (You get it back if' anything happens to it)

Emergency Banking Relief Act

One of the first Acts passed by FDR. This new law required federal examiners to survey the nation’s banks and issue Treasury Department licenses to those that were financially sound.

National Recovery Administration

Represented by a blue eagle. Established minimum wage.

Home Owners Loan Corporation

This corporation assisted in helping homeowners pay their mortgage.

Civilian Conservation Corps

Highly praised. Young men planting trees, fighting forest fires, building reservoirs.

Federal Emergency Relief Administration

This program gave the government a more centralized role and allowed for grants (not loans) to be paid to individuals for direct relief (for things such as food or shelter) or in the development of jobs (constructing/repairing roadways, buildings, etc.).

Works Progress Administration

this program funded a series of construction projects to build and improve highways, dams, sewer systems, water works, schools, and other government facilities.

Civil Works Administration

Hired workers directly to build or improved airports, roads, school buildings, playgrounds, parks, and playing fields.

Public Works Administration

This administration spent $11 billion as 8.5 million workers constructed about 650,000 of highways, roads, and streets, 125,000 public buildings, more than 8,000 parks, 124,000 bridges (built or improved), and 853 airports!!!

National Labor Relations Board

This act guaranteed that workers had the right to organize unions without interference from employers and to bargain collectively

Fair Labor Standards Act

In 1938, this act provided more protections for workers, abolished child labor, and established a 40-hour workweek for many workers to come into effect within three years (we still have this today).

Social Security Administration

In particular to protect the aged (old age) and disabled persons against the expenses of illnesses that may otherwise use up most of their savings.

Food, Drug and Cosmetic Act

it required that drugs be labeled with adequate directions for safe use. The act also corrected abuses in food packaging and quality, and it mandated legally enforceable food standards.

Banking Act of 1935

This act authorized a Board of Governors to control monetary policy by setting reserve requirements and interest rates for deposits at member banks.

Rural Electrification Administration

allowing the federal government to make low-cost loans to farmers who had banded together to create non-profit cooperatives for the purpose of expanding the reach of electricity

National Youth Administration

providing work and education for Americans between the ages of 16 to 25. By 1938, college youths were paid from $306 to $400 a month for “work study” projects at their schools.

Tennessee Valley Authority

The new agency was asked to tackle important problems facing “the valley” - such as flooding, providing electricity to homes and businesses and replanting forests.

United States Housing Authority

It was designed to lend money to the states or communities for low-cost construction. This was a significant development at this time due to the rising homelessness during the Great Depression.

Federal Housing Administration

insure home mortgage loans made by banks and other private lenders (in particular, to those lower-income Americans). By helping these families (who may have previously been denieds loans/mortgages), lenders who are able to take on more customers and families would be able to purchase homes.