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Administrations and Acts under the New Deal by Franklin D. Roosevelt
Bank Holiday
Closing of banks so Congress could meet to discuss bank reforms
Emergency Banking Act
Protect larger banks from being impacted by smaller banks
Economy Act
Balance federal budget by cutting salaries
Agricultural Adjustment Act
Reduced crop production and end agricultural surpluses. Try to stop the decrease in farm prices.
Agrocultural Adjustment Administration (AAA)
Decides how much farmers should produce and would pay subsidies if needed.
Soil Conservation and Domestic Allotment Act
Reduce production of crops to conserve soil
Rural Electrification Administration
Made electric power available to farmers
National Industrial Recover Act/Administration
Regulate industry for fair wages and prices that would stimulate economic recovery
Section 7(a)
Part of the Recovery Act. Stated that workers had the right to form unions and engage in collective bargaining.
Public Works Administration
In charge of federal spending programs.
Tennessee Valley Authority
Improve quality of life in Tennessee Valley by providing electricity, flood control, and economic development.
Glass-Steagall Act
Gave federal authority over previously unregulated areas of the economy. The government can curb irresponsible speculation by banks.
Truth in Securities Act
Corporations must provide full and accurate information about themselves to the public.
Securities and Exchange Commission (SEC)
Regulate Stock Market
Federal Emergency Relief Administration (FERA)
Gave cash grants to states to help bankrupt relief agencies
Civil Works Administration (CWA)
put people to work on temporary projects. This helped put money into the economy and assisted people.
Civilian Conservation Corps (CCC)
Provide employment to young ment.
Farm Credit Administration
Refinanced mortgages of householders
Home Owners Loan Corporation
Refinanced mortgages of householders
National Labor Relations Act/Wagner Act
Provided the enforcement of the 1933 National Industrial Recovery Act by established the National Labor Relations Board
Social Security Act
Assistance for the elderly and workers brought into a pension system where they would be given an income on retirement
Works and Progress Administration (WPA)
Work relief for the unemployed
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