National Industrial Recovery Act (NIRA) and National Recovery Administration (NRA)
- established "codes of fair competition" aimed at supporting prices and wages and stimulating economic recovery from the great depression
- the law created a National Recovery Administration (NRA) to enforce codes
- the administration tried to make voluntary agreements dealing with hours of work, rates of pay, and the fixing of prices
- firms which voluntarily complied could display the Blue Eagle
- The NIRA also helped create jobs for unemployed workers (building schools)
- Section 7A guaranteed workers the right to unionize
Securities and Exchange Commission (SEC)
- established in 1934 and is still around today
- this organization regulates the stock market therefore making the market more secure and safer for peoples money
Agricultural Adjustment Act (AAA)
- Established in 1933
- restricted production during the New Deal by paying farmers to reduce the amount of crops planted
- designed to get rid of overproduction and pay farmers to get rid of the extra stuff
- declared unconstitutional, but before it was, it actually helped a lot
Soil Conservation and Domestic Allotment Act
- allowed the government to pay farmers to reduce production as to "conserve soil" and prevent erosion
- taught farmers how to use their land without damaging them
- Planted trees and native grasses
- 3 years after erosion had dropped 65 percent
Tennessee Valley Authority (TVA)
- created to generate electric power and control floods in a seven state region around the Tennesssee river vally
- FDR signed it in 1933
- The agency still exists and has grown to become America's largest public power company
Rural Electrification Administration (REA)
- The REA was created in 1935
- provided farms with inexpensive electric lighting and power and eventually telephone services
- this brought all the electrical appliances that the cities had since the 1920s
- The REA made long-term loans to state and local govts, farmers cooperatives, and to nonprofit organizations to do the work
Farm Security Administration (FSA)
- Granted small farmers and tenant farmers money to purchase farms
- the Dust Bowl forced a lot of farmers off their farms
- provided relief to these people
Home Owners Loan Corporation (HOLC)
- made it easier for people to pay off their loans
- before it required a 50 percent down payment and had to be paid off within 5-7 years at an interest rate of 6 to 8 percent
- designed to help middle and lower class people stretch out their loans so their monthly bill is lower than before
Federal Housing Administration (FHA)
- insured loans made by banks and other private lenders for home building and home buying
- goals are to improve housing standards and conditions
- in 1965 it became part of the HUD and is still around today
United States Housing Authority (USHA)
- 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
- it was absorbed by the National Housing Agency in 1942
National Labor Relations Act/Board (NLRA(B)
- helps employees
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