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What was the Emergency Banking Act?
- FDR closed all the banks( Banking Holiday March 6-10)
- Only sound banks allowed to reopen
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What was the CCC, Civil Conservation Corps?
- gave jobs to young men on conservation projects
- most popular new deal program
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What was the FERA, Federal Emergency Relief Act?
- provided immediate relief
- opposed because it was a handout
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What was the AAA, agricultural Adjustment Act?
- Gave money to farmers to pay mortagages and subsidized them not to grow crops
- declared uncontitional
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What was the TVA, Tennessee Valley Authority?
- Built Dams and provided low cost electricity in Tennessee Valley
- most controversial new deal program
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What was the HOLC, Home Owners Refinancing Corp.?
helped non-farmers pay mortgages
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What was the FDIC, Federal deposit Insurance Corporation?
Insured individual bank deposits up to 5,000
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What was the NIRA, National Industrial Recovery Act?
set up the NRA and PWA
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What was the PWA, Public Works Administration?
Put people to work buliding public facilities including schools, hospitals, roads, dams, etc.
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What was the NRA, National recovery act?
- promoted recovery in industry
- declared unconstitutional
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What was the SEC, securities and exchange Commission?
regulates the buying and selling of stocks
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What is the WPA,Works Progress Administration?
more public works plus jobs for writers, artists musicians etc.
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What is the Wagner Act?
- set up nation labor relations board to deal with labor disputes
- collective bargining
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What was the Social Security Act?
Provided pensions for elderly, widows, orphans,, and disabled
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What is the Fair Labor Standards Act?
set maximum hours, minimum wages, and outlawed child labor
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What is the Rural Electrification Act?
provided electrical power to rural areas
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