The New Deal Fights the Depression fdr’s Alphabet Soup



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The New Deal Fights the Depression

FDR’s Alphabet Soup


Federal Program

What was its immediate purpose?

What was its long term goal?

Which New Deal goal is being met? (Relief, Recovery, Reform)

Emergency Banking Relief Act (EBRA)

Inspection of banks

Restore public confidence in banks

Recovery

Glass-Steagall Banking Act of 1933

Establish the FDIC (Federal Deposit Insurance Corp.)

Restore public confidence in banks

Recovery

Federal Securities Act

STOCK MARKET

Established the Securities and Exchange Commission (SEC) Required companies to provide information on all stock offering

Restore public confidence in stock market

Recovery

National Industrial Recovery Act (NIRA)

Set prices; established labor standards

Ensure fair business & industrial growth

Reform

Agricultural Adjustment Act (AAA)

Paid farmers to decrease farm production

Raise crop prices & farmers income

Recovery

Tennessee Valley Authority (TVA)

Built/repaired dams & other projects in Tennessee Valley

Create prosperity in the impoverished Tennessee Valley region

Recovery/Reform



Civilian Conservation Corps (CCC)

Put young men to work on road building & conservation projects



Reduce unemployment



Reform



Federal Emergency Relief Administration (FERA)

Provide direct relief ($) to the needy

Provide basic needs to those hit hardest by the depression

Relief

Public Works Administration (PWA)


Provide $ to states to create jobs

Reduce Unemployment

Reform


Civil Work Administration (CWA)

Provide 4 million immediate jobs

Reduce Unemployment

Reform

Home Owners Loan Corporation (HOLC)

Provide gov’t loans to homeowners who faced foreclosure

Help families keep their homes

Recovery


Name:

Date:

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US II CP
The New Deal Fights the Depression

FDR’s Alphabet Soup


Federal Program

What was its immediate purpose?

What was its long term goal?

Which New Deal goal is being met? (relief, Recovery, Reform)

Emergency Banking Relief Act (EBRA)








Glass-Steagall Banking Act of 1933








Federal Securities Act









National Industrial Recovery Act (NIRA)








Agricultural Adjustment Act (AAA)










Tennessee Valley Authority (TVA)








Civilian Conservation Corps (CCC)








Federal Emergency Relief Administration (FERA)










Public Works Administration (PWA)











Civil Work Administration (CWA










Home Owners Loan Corporation (HOLC)









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