New Deal Alphabet Soup
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99798493 | Banking Holiday | Mar 6 - Mar 13 1933, FDR shuts down all banks to stop withdrawal of funds and improve confidence | |
99798494 | Banking Act of 1933 | -set up FDIC which insured deposits up to $5000 and limited banks trading in stocks and bonds | |
99798495 | Securities and Exchange Commission (SEC) | -organization which required companies to publish facts about their business, it also regulated stockbrokers | |
99798496 | National Recovery Administration (NRA) | - more government regulation of companies; set standards for products, prices, and price increases; set min wages and max hours | |
99798497 | Public Works Administration (PWA) | -created conservation projects, provided government funds for those projects, created jobs | |
99798498 | Agriculture Adjustment Act (AAA) | - government paid farmers not to plant crops, provided loans for farmers to help pay mortgages | |
99798499 | Tennessee Vally Authority (TVA) | - built dams for flood control and hydroelectric power in the Tennessee valley, created projects to combat erosion and deforestation | |
99798500 | Civilian Conservation Corps (CCC) | - state and federal parks projects, planting trees to combat erosion | |
99798501 | Works Progress Administration (WPA) | - built roads, bridges, buildings, even provided money for art projects; by 1936 7% of the American work force was employed by the WPA | |
99798502 | Social Security Act | - provided for retirement payments paid for by businesses and workers; and unemployment insurance paid for by businesses | |
99804303 | Fireside Chats | - series of radio broadcasts given by FDR in which he explained his plans to help the country and asked for the peoples support | |
99804304 | FDR | Franklin D. Roosevelt, 32nd president of the US, led the country during the Great Depression and WWII | |
99857321 | Liberal | One who believes in more government control, in this case of the economy | |
99857322 | Conservative | One who believes in less government control, in this case of the economy |