New Deal Agencies Review

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New Deal Agencies Review
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Bank Holiday

• This closed all banks for a few days in order to
  prevent bank runs.

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Securities Exchange Commission (SEC)

• This commission regulates companies that sell
  stocks.

4
Home Owners Loan Corp. (HOLC)

• This agency helped homeowners meet their mortgage
  payments.

5
Brain Trust

• Group of FDRs trusted advisors

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John Maynard Keynes

• FDR based many of his New Deal recovery programs
  on this economist.

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Emergency Banking Act (1933)

• This Act authorized the fed. govt. to examine all
  banks. Only sound banks were allowed to reopen.

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Federal Deposit Insurance Corp. (FDIC)

• This agency insured bank deposits up to 5,000.

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Farm Credit Administration (FCA)

• This agency helped farmers receive low interest
  loans.

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Federal Emergency Relief Admin. (FERA)

• This administration gave at least half of its
  500 million to the states for direct
  distribution to needy families.

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Agricultural Adjustment Administration (AAA)

• This administration paid farmers who agreed to
  limit their crop outputs/production.

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Civilian Conservation Corps (CCC)

• This corps provided jobs for young, unemployed
  men. Workers planted trees, created trails, etc.

13
First Hundred Days

• The period of time when all 15 of FDRs reforms
  were passed by Congress and enacted into law.

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Recovery Reform

• FDRs two (2) long-term goals.

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Federal Securities Act

• This is the Act that created the Securities
  Exchange Commission (SEC).

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Fireside chats

• How FDR explained New Deal programs to the
  American people

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Tennessee Valley Authority (TVA)

• This agency was designed to help one of the
  poorest regions of the nation by bringing it
  electricity, etc.

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National Industrial Recovery Act (NIRA)

• This Act sought to stimulate business activity
  and reduce unemployment by stabilizing prices,
  raising wages, etc.