1/22/13

RFC - reconstruction finance corp - gave loans to banks, state and local governments and businesses to create projects for people; gave state loans for emergency relief needs, started under Hoover

CCC

Civilian Conservation Corps - work 40 hours a week and were paid 30 dollars a month, requirement that 25 dollars of it be sent home to family, planted trees, fought forest fires, stopped soil erosion, help construct military bases during WW2

WPA

Works progress administration

established in 1935 largest and most comprehensive New Deal Agency, provided jobs and income to the unemployed during the Great Depression, primarily employed unskilled workers in construction projects across the nation, built roads, bridges, buildings, airport runways

NYA

National Youth Administration

Established 1935, pushed heavily by Eleanor Roosevelt, would pay high school and college kids to work with younger kids at a YMCA or something, included women

EBRA

Emergency Bank Relief Act

passed in response to thousands of banks that closed down, they would close down the bank, reorganize it and then reopen the bank when it was stable

FSA

Federal Securities Act

Passed in 1933, made the stock market a safer place for people to invest their money, required that investors receive significant information regarding securities being offered for public sale, prohibited deceit, misrepresentations and other fraud in the sale of securities to the public

NRA and NIRA

National Recovery Administration and National Industrial Recovery Act

established codes of fair competition aimed at supporting prices and wages and stimulating economic recovery from the Great Depression, the administration tried to make voluntary agreements dealing with the hour

SEC - established in 1934, this organization regulates the stock market therefore making the market more secure and safer for peoples money

 

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