Relief, Recovery, or Reform
Federal Emergency Relief Association (FERA): gave direct relief in the form of money as aid to states and localities for distribution to needy
Relief
Homeowners' Loan Corporation (HOLC): lowered mortgages to stop foreclosures
Relief
Public Works Administration (PWA): loans to private ndustry to build public works such as dams, ports, bridges, sewage plants, government buildings, power plants, airports, hospitals, and other useful projects
Relief
Abandonment of Gold Standard: executive order by FDR making it easier for money to get into circulation; Reconstruction Finance Corporation set new value of gold
Recovery
Agricultural Adjustment Act (AAA): limited farm production to help raise prices; paid for by taxing food processors
Recovery
Federal Housing Act (FHA): helped repair, rebuild, and insure older homes
Recovery
Federal Securities Act (FSA): allowed government to investigate stock markets
Recovery
National Industrial Recovery Act (NIRA): created the National Recovery Administration (NRA) which administered process for devising industry-wide codes of fair business practices
Recovery
National Youth Administration (NYA): helped keep youths in school with 500,000 helped in colleges and 600,000 in high schools provided with jobs
Recovery
Works Progress Administration (WPA): established to put men to work on jobs of public usefulness (schoolhouses, parks, playgrounds, pools, roads, sewage plants, airfields, and hospitals)
Recovery
Fair Labor Standards Act (FLSA): set minimum wages and maximum working hours
Reform
Federal Deposit Insurance Corporation (FDIC): insured savings of bank depositors and monitored soundness of insured banking institutions
Reform
Federal Savings & Loan Insurance Corporation (FSLIC): insured savings of depositors in savings & loan institutions and monitored soundness of insured S&Ls
Reform
Glass/Steagall Act: gave government power to investigate banking conditions, vested greater regulatory powers in Federal Reserve Board
Reform
Securities and Exchange Commission (SEC): regulated stock and bond trading; regulated exchanges where stocks and bonds are sold, and legislated requirements for disclosure of fair stock information
Reform
Social Security: provided for unemployed, aged, dependent, and handcapped
Reform
Tennessee Valley Authority (TVA) and Rural Electrification Authority (REA): helped to bring electricity to rural "pockets of poverty" that could not afford lines
Reform
Wagner Act: created National Labor Relations Board (NLRB) which reaffirmed labor's rights to bargain for wages, ours, and working conditions, to strike, and to arbitration of grivances
Reform
Bank Holiday: closed all banks; government then investigated banks and only those that were sound were allowed to reopen
Relief
Civil Works Administration (CWA): money to states to build 225,000 miles of roads, 30,000 schools, and 3,700 playing fields and athletic grounds
Relief
Civilian Conservation Corps (CCC): provided jobs and relocation for young men (18-25) in rural settings under direction of US Army; built public parks, cut fire trails, planted trees, built small dams, helped with flood control, reclaimed ruined land, drained swamps, and helped with conservation
Relief
Farm Credit Association (FCA): helped the 40% of farms that were mortgaged by providing low-interest loans through a Federal Land Bank for 50-year terms
Relief
