National Acts to solve the depression Flashcards

1
Q

WPA (work progress admin.)

A

created jobs quickly

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2
Q

SSA (social security act)

A

provides money for retired workers
people who can’t work
low income families

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3
Q

FDIC (Federal Insurance Deposit Corporation)

A
  1. FDIC insures your money in banks
  2. If the bank closes, the federal govt. Will reimburse you up to the insured amount
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4
Q

Securities and Exchange Commission- SEC

A
  • Meant to regulate (oversee, manage) the stock market
  • Ensured that people wouldn’t rig/manipulate the market
  • Took action to prevent panics as they begin
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5
Q

Agricultural Adjustment Act (AAA)

A
  • Raise crop prices by lowering production
  • Paid farmers to destroy part of their crop/stock, or to keep it low
  • Many Americans upset about govt. destroying food when people were starving, but it did help raise farmers out of poverty
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6
Q

Tennessee Valley Authority (TVA)

A

Put people to work building dams in the Tennessee Valley region
Created jobs, helped control floods, and created hydroelectric power
Forced entire towns to move, and destroyed animal habitats

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7
Q

Civilian Conservation Corps (CCC)

A

Provided work for young men aged 18-25
Building roads, planting trees, soil-erosion and flood-control projects

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8
Q

National Youth Administration (NYA)

A

Provided part time jobs for youth that was still in school

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9
Q

National Labor Relations Board (NLRB)

A

Supported workers’ rights to join unions
Banned unfair labor practices, worker abuse by bosses

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