The Security Exchange Act was created in 1934. It was made to restore confidence in the stock markets.
Federal Emergency Relief Act gave money to the states. It gave jobs to 15 million people. It ended in 1934.
Home Owners Loan Corporation helped families to not lose their homes.
PWA encouraged economic growth. It didn't do a lot of things that they had hoped for in the beginning.
FHA will help people pay loans for bigger payments.
The Civil Works Administration was made to provide construction jobs to millions.
The U.S Housing Authority was designed to lend money to states for low cost construction.
The Emergency Bank Relief Act closed bands for a few days. The
Secretary of the Treasury took gold out of people's homes and replaced
it with paper money. FDIC took over and act kind of vanished.
The Social Security Act help the elderly, disabled, and retired people. Colored people didn't receive all of the benefits.
The Rea created a rural electrical service.
The Federal Security Act required the investors to receive a lot of information on stocks. It was the first part of the federal legislation that had to do with protecting stocks.
The Indian Reorganization Act allowed tribal council to employ legal counsel.
What was the New Deal(1st and 2nd) and it's goals(3 R's)?
First New Deal-
-trying to help the people
-wanted to restore the economy
2nd New Deal-
-opposite of the first new deal
-National Labor Relations Act emphasized social justice
Why did people criticize the New Deal?
Why was FDR upset with the US Supreme Court and what did he do to try to solve this issue?
How did the New Deal help:
unemployed
farmers
factory workers/labor
young people
banks/business
home owners
elderly
Native Americans
Describe the culture of the 1930's.
Key terms:
Hundred Days
fireside chats
priming the pump
deficit spending
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