New Deal Programs

Definition of AAA - Agricultural Adjustment Administration

Paid farmers grants to limit crop production and reduce surpluses.

Historical significance of AAA - Agricultural Adjustment Administration

Boosted agricultural prices and increased total farm income significantly.

Definition of CCC - Civilian Conservation Corps

Provided environmental jobs for young men in national parks and forests.

Historical significance of CCC - Civilian Conservation Corps

Promoted nature conservation while providing wages for struggling families.

Definition of Fair Labor Standards Act

Established the first minimum wage and the 40-hour work week.

Historical significance of Fair Labor Standards Act

Got rid of child labor and improved the standard of living for workers.

Definition of Glass-Steagall Banking Reform Act

Separated commercial banking from investment banking and created the FDIC.

Historical significance of Glass-Steagall Banking Reform Act

Restored public confidence in the banking system by protecting deposits.

Definition of PWA - Public Works Administration

Funded large-scale construction projects like bridges, dams, and hospitals.

Historical significance of PWA - Public Works Administration

Stimulated the national economy by creating high-demand industrial jobs.

Definition of SEC - Securities and Exchange Commission

A government "watchdog" agency created in 1934 to regulate the stock market.

Historical significance of SEC - Securities and Exchange Commission

It restored public confidence in the economy by ending the "wild west" era of Wall Street gambling.

Definition of SSA - Social Security Act

Established national pension funds for retirees and unemployment insurance

Historical significance of SSA - Social Security Act

Provided long-term financial security for the elders and citizens that need help.

Definition of TVA - Tennessee Valley Authority

Built a series of hydroelectric dams to control flooding and generate power.

Historical significance of TVA - Tennessee Valley Authority

Brought cheap electricity and industrial growth to impoverished rural regions.

Definition of Wagner Act

Guaranteed the legal right for workers to join unions and strike.

Historical significance of Wagner Act

Balanced workplace power and led to better wages and working conditions.

Definition of WPA - Works Progress Administration

Created millions of public jobs building schools, parks, and bridges.

Historical significance of WPA - Works Progress Administration

Significantly lowered unemployment rates and modernized national infrastructure.