- AAA- Agricultural Adjustment Act
- Established in 1933
- Restricted production during the New Deal by paying farmers to reduce the amount of crops planted
- Its 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 AAA to carry our law
- The AAA oversaw a large-scale destruction of existing crops and livestock in an attempt to reduce surpluses
- Six million pigs and 220,000 sows were slaughtered in the AAA’s effort to raise prices
- Cotton farmers plowed under a quarter of their crops
- Declared unconstitutional in 1936 because it taxed one group to pay another
- Second was passed in 1938
- Soil Conservation and Domestic Allotment Act
- Allowed the government 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 Supreme Court’s declaration that the AAA was unconstitutional
- TVA-Tennessee Valley Authority
- Created to generate electric power and control floods in a seven state region
- FDR signed the Tennessee Valley Authority Act creating the TVA on May 18,1933
- Some criticized the TVA for only helping a specific region not the whole country
- The agency still exists and has grown to become Americas largest public power company
- REA Rural electrification Admin
- 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
- By 1939 rural households with electricity had risen to 25%
- FSA-Farm Security Administration
- Granted small farmers and tenant farmers money to purchase farms
- The Dust Bowl forced a lot of farmers off their farms
- Many farmers bought tractors with money from the AAA thus forcing tenant farmers off the land
- Provided relief to these people
- HOLC Home Owners loan Corp
- The typical home loan in 1930 required a 50% down payment and had to be paid off within 5-7 years at an interest rate of 6-8%
- Buyers paid the entire interest charge at the end of the payback period in a single balloon payment
- Establish in 1933 to refinance homes to prevent foreclosure
- FHA Federal Housing Admin
- Created in 1934
- Insured loans made by banks and other private lenders for home building and home buying
- In 1965, the FHA became part of the Department of Housing and Urban Development and is still around today
- USHA United States Housing Authority
- Created in 1937
- Designed to lend money to states or communities for low-cost home construction
- Homes were designed for low-income and homeless people
- Absorbed by the National Housing Agency in 1942
- NLRA(B)National Labor Relations Act/Board
- Established in 1935 through passage of the National Labor Relations Act
- Conducts elections for unions
- Stresses collective bargaining
- Investigates and fixes unfair labor practices
- Governed by a five-person board whose members are appointed by the President
- Fair Labor Standards Act (FLSA)
- Established a national minimum wage 40 cents/hour
- Established the 40 hour work week
- Guaranteed time and a half for overtime in certain jobs
- Prohibited most child labor
- Still exists today
- SSA- Social Security Admin
- Established in 193r5
- Provides retirement disability and survivors benefits
- To qualify for these benefits most American workers pay Social Security taxes on their earnings
- Future benefits are based on employees contributions
- Each person is given a Social Security number
- IRA Indian Reorganization 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 opportunities on Indian Reservations. This has led to many casinos and Indian Reservations
- The Act is still around today
You need to be a member of History 360 to add comments!
Comments