we went through powerpoint again
#3-
AAA- agricultural adjusment act- payed farmers to plant less; purpose was to drive price of agricultural goods to go up. farm prices more than doubled
Soil Conservation and Domestic Allotment Act- helped to "conserve soil" and prevent future dust bowls
Tennessee Valley Authority- created to generate electricity and control floods in a seven state region called the Tennessee Valley
Rural Electrification Administration- made to electrify the country; provided farms with cheap power sources
FSA- granted small farmers money to purchase farms
Home Owner's Loan Corporation- typical home loan in 1930 required 50% down payment and had to be paid off withing 5-7 years at an interest rate of 6-8%. This stretched the amount of time people had to pay for homes.
FHA- federal housing administration insured loans made by banks and other private lenders for home building and home buying
United States Housing Authority- designed to lend money to the states or communities for low-cost home construction; designed for low-income or homeless people
Fair Labor Standards Act- minimum wage set up, established 40 hour work week, guaranteed time and a half for overtime certain jobs; prohibited child labor, still exists
SSA-helped old people
Indian Reorganization Act- allowed native Americans to go back and live in tribes
test wednesday
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