The New Deal Fights the Depression
FDR’s Alphabet Soup
Federal Program / What was its immediate purpose? / What was its long term goal? / Which New Deal goal is being met? (Relief, Recovery, Reform)Emergency Banking Relief Act (EBRA) / Inspection of banks / Restore public confidence in banks / Recovery
Glass-Steagall Banking Act of 1933 / Establish the FDIC (Federal Deposit Insurance Corp.) / Restore public confidence in banks / Recovery
Federal Securities Act
STOCK MARKET / Established the Securities and Exchange Commission (SEC) Required companies to provide information on all stock offering / Restore public confidence in stock market / Recovery
National Industrial Recovery Act (NIRA) / Set prices; established labor standards / Ensure fair business & industrial growth / Reform
Agricultural Adjustment Act (AAA) / Paid farmers to decrease farm production / Raise crop prices & farmers income / Recovery
Tennessee Valley Authority (TVA) / Built/repaired dams & other projects in Tennessee Valley / Create prosperity in the impoverished Tennessee Valley region / Recovery/Reform
Civilian Conservation Corps (CCC) / Put young men to work on road building & conservation projects / Reduce unemployment / Reform
Federal Emergency Relief Administration (FERA) / Provide direct relief ($) to the needy / Provide basic needs to those hit hardest by the depression / Relief
Public Works Administration (PWA) / Provide $ to states to create jobs / Reduce Unemployment / Reform
Civil Work Administration (CWA) / Provide 4 million immediate jobs / Reduce Unemployment / Reform
Home Owners Loan Corporation (HOLC) / Provide gov’t loans to homeowners who faced foreclosure / Help families keep their homes / Recovery
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US II CP
The New Deal Fights the Depression
FDR’s Alphabet Soup
Federal Program / What was its immediate purpose? / What was its long term goal? / Which New Deal goal is being met? (relief, Recovery, Reform)Emergency Banking Relief Act (EBRA)
Glass-Steagall Banking Act of 1933
Federal Securities Act
National Industrial Recovery Act (NIRA)
Agricultural Adjustment Act (AAA)
Tennessee Valley Authority (TVA)
Civilian Conservation Corps (CCC)
Federal Emergency Relief Administration (FERA)
Public Works Administration (PWA)
Civil Work Administration (CWA
Home Owners Loan Corporation (HOLC)