FDR new-deal

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Last updated 6:46 PM on 3/7/24
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13 Terms

1
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Farm Credit Act

Created centralized farm credit service to refinance 20% of all farm mortgages, reducing monthly payments.

2
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Civilian Conservation Corps

Provided young unemployed men with meals, housing, workwear, and medical care for working in national forests.

3
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Federal Emergency Relief Act (FERA)

Distributed $500 million to states for relief programs to address unemployment caused by business layoffs.

4
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Tennessee Valley Authority

Built sustainable dams to produce electricity, providing power to businesses and homes while creating jobs.

5
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Works Progress Administration

Provided jobs for unemployed Americans through public work projects, addressing high unemployment rates.

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Emergency Banking Act

Reopened financially secure banks to restore public trust and led to the establishment of the FDIC.

7
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Agricultural Adjustment Act

Offered federal subsidies to farmers planting limited crops to raise prices, benefiting landowners. UNCONSTITUTIONAL

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National Industrial Recovery Act

Attempted structural changes in the industrial sector to boost production and economic recovery. UNCONSTITUTIONAL

9
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Public Works Administration

Distributed funds to localities for infrastructure projects, opening dams, bridges, hospitals, and schools.

10
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Wagner Act

Affirmed workers' rights, allowed unionization, and regulated prices, wages, and hours to reduce the need for strikes. replaced NIRA

11
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Truth in Securities Act

Required accurate registration statements for securities purchases to prevent fraud in the stock market.

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Glass-Steagall Act

Separated banks and security firms, creating the Federal Deposit Insurance Corporation to calm financial fears.

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Social Security Act

Established federal old age benefits and general welfare to provide relief from the financial effects of the Great Depression.