Chart of ND Programs answers

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11/4/2012
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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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