HOLC-Homers Owners Loan Corp• Created by Roosevelt• Done by selling to lenders in exchange for home mortgages• Ended in 1951• Started in the 70’sSCS-Soil Conservation Service• Controlled floods• Gov. gave land to people to plant grasses and trees• Punished people who did not follow service• Made it so people had to conserve soilRFC-Reconstruction Finance Corp• Gave loans to banks, state ad local govt’s and business’ to cerate projects/jobs for people• Gave states loans for emergency relief needs• Started under HooverCCC-Civilian Conservation Corps• Passed in 1933• Worked 40 hours a week and were paid 30 dollars a month• Members lived in camps, wore uniforms and lived under military discipline• The U.S army operated the camps• Planted trees, fought forest fires, stopped soil erosion• Slogan, “We can take it”.• Helped construct military bases during WWIIFERA-Federal Emergency Relief Act• Enacted in 1933• Main function was to create Federal Emergency Relief Administration• FERA distributed more than 20 million dollars in direct aid to the unemployedPWA-Public works Administration• Established in 1933• Created as many jobs as possible in many different varieties• Federally funded• Was responsible for 70% of the new schoolsCWA-Civil Works Administration• Established in 1933 to create jobs for millions of the unemployed• The CWA created construction jobs, mainly improving or construsting buildingsWPA-Works Progress Administration• Established in 1935• Largest and most comprehensive New Deal Agency• Employed unskilled workers in construction projects across the nation• It was a “make work” program that provided jobs and income• Built miles of roads, bridges, buildings and airport runwaysMYA-National Youth Administration• Established in 1935• Published heavily by Elenor Roosevelt• Served high school and college youth “work study: projects at their school• It allowed thousands of students to stay in schoolEBR-Emergency Banking Relief• Passed five days after taking office march 1933• Passed in response to thousands of banks that closed downFSA-Federal Security Act• Passed in 1933• Made the stock market a safer place for people to invest their money• Two goals:• 1. Required that investors receive significant info regarding securities being offered forpublic saleFDIC-Federal Deposit Insurance Corp• CREATED BY THE GLASS STEAGALL ACT IN 1933• INSURED PEOPLES MONEY IN BANKS UP TO $1,000• Passed in response to the bank failures after the stock market crashed• Insures money in savings and checking accountsNIRA and NRA-• Established “codes of fair competition” aimed at supporting prices and wages and stimulating economic recovery from the Great Depression• Tried to make voluntary agreements dealing with hours of work, rates of pay, and the fixing of pricesSEC-Securities and Exchange Commission• Established in 1934 and is still around today• It regulates the stock market therefore making the market more secure and safer for people’s moneyBanking act of 1935• Strengthen power of federal reserve making banking safer overall• Made the FDIC a permanent agency within the US governmentFFDCA-Food, Drug and Cosmetic Act• Passed in 1938• Gave the food and drug Administration power to regulate these industries• Mandated a review of the safety of all new drugs before going to market• Banned false therapeutic claims in drug labeling•
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