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In the new deal what is Relief
providing immediate, direct assistance to the millions of Americans suffering from the Great Depression, including the poor, unemployed, and farmers.
In the new deal what is recovery
restoring the economy to pre-Great Depression levels through federal spending and job creation,
In the new deal what is Reform
aimed to create a stable economic system and provide social welfare, representing a major shift in the government's role in American life
What is the Emergency Banking relief Act of 1933
It stabilized the banking systems and allowed for the government to to inspect banks and aloo
What was the purpose/Need for the Emergency Banking relief Act of 1933
To restore public confidence in the banking system by inspecting banks and closing those that were financially unstable.
Which one of the 3 R’s does the Emergency Banking relief Act of 1933 represent
Recovery- Stabilized the banking system
Reform- put banks back into business and help protect against future failures
What is the Glass Steagall Banking act of 1933
It is a banking law that separates commercial and investment banking
what was the purpose of the Glass-Steagall Act of 1933
It made bankers be more responsible with their money and made Americans spending more stable
Which one of the 3 R’s does the Glass-Steagall Act of 1933 represent
Reform- changed banks to prevent another financial crisis.
What is the HOLC(Home Owners' Loan Corporation)
A way to help homeowners facing foreclosure during the Great depression
What is the purpose/need for the HOLC (Home Owners' Loan Corporation)
Helped stabelize the housing market and prevent the widespread of foreclosures
Which one of the 3 R’s does the HOLC (Home Owners' Loan Corporation) represent
Recovery- aimed to restore the economy to a normal level
What is the CCC (Civilian Conservation Corps)
gave people jobs to help nature
What was the purpose/need of the CCC(Civilian Conservation Cor)
it decreased the employment rate and gave people a way to provide for their family’s
What one of the 3 R’s does the CCC (Civilian Conservation Corps) represent
Relief- Provided immediate jobs and aid to unemployed young men
What is the NIRA/NRA (National Industrial Recovery Act)
Aimed to stimulate economic recovery during the Great Depression
What was the purpose/need of the NIRA?NRA
To promote industrial recovery and provide public works project to stimulate the economy
What one of the 3 R’s does the NIRA/NRA(National Industrial Recovery Administration) represent
Recovery- designed to revive the economy and restore industrial production
What is the TVA
It provided electricity, flood control and economic development in the Tennessee Valley region
What was the purpose/need of the TVA
It controlled flooding, improve the navigability of the river, and generate affordible electricity
Which one of the 3 R’s does TVA represent
It represents all three
Relief- created jobs for thousands
Recovery- Helped the region’s economy recover by building dams to control flooding and more
Reform- Helped with economic development
What is the AAA
boosted agricultural prices during the Great Depression by reducing crop surpluses
What was purpose/need of the AAA
It helped relive the struggling farmers by doing things like paying them to destroy their livestock
Which one of the 3 R’s does the AAA represent
Recovery- it aimed to provide immediate relief to farmer.
What is the FHA
Promoted affordable homeownership
What was the purpose/need for the FHA (Federal Housing Administration)
It helped stabilize the housing market, stimulate the economy and increase homeownership
Which one of the 3 R’s does the FHA (Federal Housing Administration) represent
Recovery- helped stimulate the economy and return it to normal levels
What is the WPA (Works Progress Administration)
It employed millions on public works projects
What was the purpose/need for the WPA (Works Progress Administration(
It employed millions to work on projects that would benefit the nation in the long run
Which one of the 3 R’s does the WPA(Works Progress Administration) represent
Relief- gave immediate assistance to those suffering from hardship by giving them jobs and a source of income
Recovery- Created jobs and stimulated spending. It was intended to help the economy recover from the GD
What is the Wagner Act of 1935
It protected workers and their rights to stop unfair labor hours and promote bargaining with employers
What was the purpose/need of the Wagner Act
it helped address the severe imbalance of power between workers and their employers
Which of the 3 R’s does the Wagner Act represent
Reform- focused on creating permanent changes to the US economy
What is the Social Security Act
It established a system that gave unemployment insurance, aid to dependent children, the blind and disabled
What was the purpose/need of the Social Security Act
It provided economic security and a safety net for Americans
Which one of the 3 R’s does Social Security represent
Reform- Was created to give a permanent solution to prevent future economic depressions
What is the SEC (Securities and Exchange Commission)
It is a group that watches the stock market and protects investors
What is the purpose/needs of the SEC (the U.S. Securities and Exchange Commission)
It makes sure the stock market is fair and safe and helps stop cheating or fraud
Which one of the 3 R’s does the SEC represent
Reform- it fixed the problems in the financial systems
what is the national housing act
A law that helped people buy and keep their homes
What is the purpose/need of the National housing Act
It helped families and workers during the GD buy making home loans easier to get
Which one of the 3 R’s does the National housing Act represent
Relief and Recovery- It helped people and it boosted the housing industry
What is the fair labor Standards Act
A law passed in 1938 that set a minimum wage, limited work hours, and banned child labor
What is the purpose/need of the Fair Labor Standards Act
It was made to protect workers from unfair pay and long hours and to improve working conditions
Which one of the 3 R’s does the Fair Labor Standards Act represent
Reform- it changed labor laws to make jobs fairer and safer