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Emergency Quota Act (1921) + National Origins Act (1924)
Put quotas (limits) on immigration. 1921 limited to 3% of population. 1924 limited to 2% of population.
Fordney-McCumber Tariff (1922)
A tariff that raised duties on imports to protect American industry and agriculture during the post-World War I economic boom.
Mellon’s Tax Bill
Decreased tax rates for business. “Trickle Down” economics.
Smoot-Hawley Tariff (1930)
High tariffs meant to stabilize the economy and promote American business. Led to retaliatory tariffs from other nations, worsening the economy.
AAA (Agricultural Adjustment Act 1933)
Federal government provided farmers subsidies to limit production (promote inflation so they don’t go BROKE)
TVA (Tennessee Valley Authority 1933)
Government backed jobs and infrastructure projects focused on flood control and electricity generation in the Tennessee Valley region.
Glass-Steagall Act (1933)
Established banking regulations with the FDIC to prevent bank runs.
Social Security Act (1935)
A landmark law that created a system of old-age benefits, unemployment insurance, and assistance for disabled and dependent individuals.
Wagner Act (1935)
Legitimized collective bargaining for labor unions.
Fair Labor Standards Act (1938)
Legalized 8-hour work day, minimum wage, prohibited child labor.