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New Deal

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New Deal programs

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55621291CCCCIvilian Conservation Corporation: Recovery - offered work to unemployed young men. Offered houseing, planted trees, built bridges, parks
55621292TVATennessee Valley Authority: Recovery - built dams and provided inexpensive electricity to southern states
55621293FHAFederal Housing Administration: Reform to regulate mortgage interest rates for homeowner loans
55621294SSASocial Security Act: Relief passed in 1935 to provide Americans with retirement benefits. Mandated unemployment and disability insurance. Workers and employers pay into this fund.
55621295SECSecurities and Exchange Commission: Reform to oversee the stocks and bonds market. It regulates to protect the investors and public from abuses.
55621296Fair Labor Standards ActBenefitted most workers and continues to do so. Reform: Set minimum wage, created 9-5 workday and established a 5 day workweek. It mandated a 5 day; 40 hour workweek establishing overtime after that. This was not established to create a shorter work week, it was to spread the work around and make available to millions out of work.
55621297Fireside ChatsChats or informative and easily understood radio addresses to the American public to restore confidence. These chats brought FDR right into every American's living room.
55621298work reliefGIving unemployed, needy people government jobs.
55621299subsidyGrants of money paid to someone.
55621300New DealThe new laws and proposed by FDR and passed by Congress during Roosevelt's administration.
55621301FDROur 32nd President: Frankiin D. Roosevelt -1933 to 1945. died in office.
55621302On MarginPurchasing stock by paying only a fraction of its worth and borrowing the rest from their broker in hopes of paying him back.
55621303Stock ExchangeAn organized system for buing and selling shares or investments in corporations
55621304Defaultfail to meet loan payments
55621305ReliefAid to the needy
55621306FDICFederal Deposit Insurance Corporation - Reform set to renew confidence in banks. Guaranteed funds in the bank up to $2,500 then and $100,000 now.
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