New Deal Defs

CCC

provided young men with conservation and public land jobs

BH

temporarily closed all banks so the government could inspect them and stop bank runs

FC

radio messages used by FDR to calm the public and explain New Deal actions

TVA

brought electricity ; flood control ; jobs ; and modernization to the Tennessee Valley

AAA

paid farmers to reduce crop production in order to raise agricultural prices

SEC

regulated the stock market and required honest corporate reporting to protect investors

FDIC

insured bank deposits so people would not lose savings if banks failed

NRA

set fair wages ; prices ; and business standards to stabilize the economy

OGS

allowed more control of the money supply by ending strict gold backing

SSA

created pensions for seniors ; unemployment insurance ; and support for dependent families

FHA

encouraged banks to offer home loans by insuring mortgages

REA

expanded electricity to rural farms and small towns ignored by private utilities

WPA

created millions of jobs building infrastructure ; public buildings ; and cultural projects

Wagner Act

protected workers' right to form unions and required employers to negotiate fairly