Chart of ND Programs answers
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Relief Recovery Reform
Immediate action taken "Pump - Priming" Temporary Permanent programs to avoid
to halt the economies programs to restart the flow of another depression and insure
deterioration. consumer demand. citizens against economic
disasters.
Bank Holiday Agricultural Adjustment Act Securities & Exchange
Declared so that the (AAA) Commission (SEC)
panic would be stopped. Taxed food processors and Permanent Agency set up to
gave the money directly to monitor stock market activity
farmers as a payment for not and ensure that no fraud or
growing food. This decreased insider trading was taking
supply so price would go up. place.
Emergency Banking Act National Industrial Recovery Federal Deposit Insurance
Closed the insolvent Act (NIRA) Corporation (FDIC)
banks and only reopened Created the NRA (National Permanent Agency designed to
the solvent ones. Recovery Administration) a insure depositors money in
consortium of businesses savings banks. Originally
organized by the government insured up to $5,000 per
and given the power to set depositor today it has
rules and regulations for the increased to $100,000.
economy. Members of the
NRA displayed a blue eagle.
Federal Emergency Home Owners Loan Corp. Social Security
Relief Act (FERA) Gave loans to home owners so Administration
Gave immediate help to they could pay their Permanent agency designed to
those that needed it in the mortgages. This prevented ensure that the older segment
form of cash payments. people from going homeless of society always would have
and prevented banks from enough money to survive. The
going under. key here is that they would
then also be able to spend
throughout their lives.
Civil Works Works Progress National Labor Relations
Administration (CWA) Administration (WPA) Act and National Labor
Provided temporary jobs Provided long term Relations Board
repairing roads and government jobs building (NLRA/NLRB)
bridges. schools and other public works Otherwise known as the
projects. Wagner Act it helped unions
and thus helped workers. This
acted created the NLRB
(National Labor Relations
Board) which enforced labor
law and made sure that fair
business practices where
upheld.
Civilian Conservation Tennessee Valley Authority Soil Conservation Act
Corps (CCC) (TVA) Laws mandating proper soil
Temporary jobs to Agency created to build dams maintenance to make sure that
unmarried single adults in the Tennessee river valley. another dust bowl was
filling sand bags and These dams provided more avoided.
helping out at disaster stable irrigation and cheap
type situations. hydroelectric power.
Participants lived in
barracks type housing.
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