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EBA
The Emergency Banking Act was a federal law passed in 1933 by President Franklin D. Roosevelt. The act was an attempt to stabilize the banking system and granted the president, the comptroller of the currency, and the secretary of the treasury broader regulatory authority over the nation's banking system. -
FCA
Roosevelt issued an executive order on March 27, 1933, establishing the Farm Credit Administration (FCA). The agency extended vital relief to debt-ridden farmers throughout the country by refinancing farm mortgages and offering credit under favorable terms. -
CCC
Known as the "Civilian Conservation Corps", the CCC was established by President Roosevelt. It aimed to combat the high unemployment level caused by the Great Depression, by providing jobs for young men through conserving the countries natural resources. Although it existed for less than 10 years, it left a strong impact through many newly built bridges, roads, and buildings. -
AAA
The "Agricultural Adjustment Act" was a federal law passed as a part of the New Deal. This law was designed to boost agricultural prices by reducing surpluses. The Government bought livestock for slaughter and paid farmers subsidies not to plant on part of their land. his act encouraged those who were still left in farming to grow fewer crops. There would be less produce on the market and crop prices would rise thus benefiting the farmers but not the consumers. -
TVA
The TVA, or Tennessee Valley Authority, was established in 1933 as one of President Roosevelt's Depression-era New Deal programs, providing jobs and electricity to the rural Tennessee River Valley, an area that spans seven states in the South. -
FDIC
The FDIC (Federal Deposit Insurance Corporation) was created by the 1933 Glass-Steagall Act. Its goal was to prevent bank failures during the Great Depression. The FDIC's purpose was to provide stability to the economy and the failing banking system. It guaranteed a specific amount of checking and savings deposits for its member banks. Within six months, 97% of all commercial bank deposits were covered by insurance. -
PWA
Created by the National Industrial Recovery Act, the Public Works Administration (PWA) budgeted several billion dollars to be spent on the construction of public works as a means of providing employment, stabilizing purchasing power, improving public welfare, and contributing to a revival of American life. -
NRA
Known as the "National Recovery Agency", the NRA was a New Deal agency established by President Roosevelt. The goal of the administration was to eliminate "cut-throat competition" by bringing industry, labor, and government together to create codes of "fair practices" and set prices. -
CWA
Known as the "Civil Works Administration", the CWA was a project under the Federal Emergency Relief Administration. It created jobs for approximately four million people mainly improving and constructing buildings and bridges. Projects included work on city utility systems, public buildings, parks, and roads. It ended March 31st, 1934 after spending $200 million a month. -
SEC
The Securities And Exchange Commission (SEC) was created in 1934 to help restore investor confidence in the wake of the 1929 stock market crash. The law created the Securities and Exchange Commission (SEC) and gave the SEC the power to “register, regulate, and oversee brokerage firms, transfer agents, and clearing agencies as well as the nation's securities self-regulatory organizations” -
FCC
The Federal Communications Commission (FCC) is an independent government agency responsible for regulating the radio, television and phone industries. The FCC regulates all interstate communications, such as wire, satellite, and cable, and international communications originating or terminating in the United States. -
WPA
Known as the "Works Progress Administration" the WPA was another New Deal agency that provided jobs for the unemployed (mostly unskilled men). It aimed to construct many new buildings and roads. The biggest project of the WPA was the Tennessee Valley Authority. It provided the poor Tennessee Valley with dams and waterworks to create an infrastructure for electrical power and to help prevent floods. -
SSA
The Social Security Act or "SSA" is a law enacted by the 74th United States Congress and signed into law by President Franklin D. Roosevelt. The law created the Social Security program as well as insurance against unemployment. The law established the Social Security program. Over the decades, the Social Security program contributed to a dramatic decline in poverty among the elderly, while spending on Social Security became a major part of the federal budget. -
USHA
The United States Housing Authority, or USHA, was a federal agency created during 1937 within the United States Department of the Interior by the Housing Act of 1937 as part of the New Deal. It was designed to lend money to the states or communities for low-cost construction. -
FAA
The Federal Aviation Administration (FAA) is the agency of the United States Department of Transportation responsible for the regulation and oversight of civil aviation within the U.S., as well as operation and development of the National Airspace System. Its primary mission is to ensure the safety of civil aviation.
