Different acts and corporations Flashcards
(12 cards)
A.A.A.
What does it stand for and what does it do?
agricultural adjustment administration
Made to aid farmers
They raised crop prices to reach parity, or the price that would give farmers the same purchasing power they had during prosperous times, and they paid farmers to reduce their crop production.
C.C.C.
What does it stand for and what does it do?
civilian conservation corps
It was a work-relief program.
Made to give young unemployed mens jobs to plant trees.
F.D.I.C.
What does it stand for and what does it do?
federal deposit insurance company
Made to make sure that there was money going
in banks to protect the public’s confidence in the financial system
F.E.R.A.
What does it stand for and what does it do?
federal emergency relief administration
Made to send money to the needy.
N.I.R.A. / N.R.A.
What does it stand for and what does it do?
national industrial recovery act / national recovery administration (respectively)
Was the “bill of rights” for organized labors.
Helped businesses by equalising competition, helped unions by guaranteeing worker rights, and helped the unemployed by creating constuction jobs for them so that they can get to work.
N.L.R.B.
What does it stand for and what does it do?
national labor relations board
Made to protect labor rights.
P.W.A.
What does it stand for and what does it do?
public works administration
Made to oversee many public works projects.
R.F.C.
What does it stand for and what does it do?
reconstruction finance corporation
Made to restore public confidance
Was a government agency that provided financial aid to banks, businesses, and other places during the Great Depression and after.
S. and E.C.
What does it stand for and what does it do?
securities and exchange commission
made so that no companies could keep secrets
Required companies to keep no secrets and publish important stats about their buisness and regulated activity of stockbrokers and others.
S.S.A.
What does it stand for and what does it do?
social securities act
Made to provide retirement and disability benefits.
T.V.A.
What does it stand for and what does it do?
tennessee valley authority
Made to promote economic developement in the Tennnessee Valley
W.P.A.
What does it stand for and what does it do?
works progress administration
Made to provide jobs to the unemployed.
