(SEC) - regulates stockmarket
(AAA) established in 1933
- Restricted production during the new deal by paying farmers to reduce amount of crops planted
- It's purpose was to reduce crop surplus so prices would go up
- The farmers were paid by the federal government for leaving some of their land untilled
- The Act created a new agency, the agricultural adjustment administration to carry out the law
Soil conservation and domestic allotment act
- Allowerd the goverment to pay farmers to reduce production so as to "conserve soil" and prevent erosion
- It was a piece of legislation passed in response to the adjustment act (AAA) unconstitutional
Tennessee Valley Authority (TVA)
- Created to generate electric power and control floods in a seven states region around the Tenessee River Valley
- FDR signed the Tennesee Valley Authority act
Rural Electrification Administration
- The REA was created in (1935)
- The rea provided farms with inexpensive electric lighting and power and eventually telephone services.
- This brought all the electrical appliances that the cities had since the 1920's
- The REA made long0term loans to state and local governments, to farmers' cooperatives, and to nonprofit organizations to do the work.
- By 1939rural households with electricity had risen to 25 percent from 10 percent 7 years earlier
HOLC Home owner's loan corporation
The typical home loan in 1930 required a 50 percent down payment and had to be payed off from 5 to 7 years at 6 to 8 percent interest
FHA Federal housing administration
- The federal housing administration was created in 1934
- Insured loans made by banks and other private lenders for home building and home buying
- The goals of this organizations are to improve housing standards and conditions and to provide an adequate home financing system.
United states housing authority
- Created in 1937
- It was designed to lend money to the states or communities for low-cost home construction
- Homes were designed for low-income and homeless people
National Labor Act/Board
- Established in 1935 and strengthens labor unions
Fair labor standards act
- Established a national minimum wage -40 cents'/hour
- Established the 40 hour work week
- Guaranteed time and a half for overtime in certain jobs
- prhibited most child labor
- still exists today
Social security administration
- Established in 1935
Indian reorganisation act
- Passed in 1934
- Abolished the Dawes Act and allowed Native american to govern themselves on a tribal basis
- Allowed native americans to manage and keep their own land
- included provisions to help create job opprotunities on indian reservations. This has led to many concious reservations.
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