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The goal of this act was to stop the panic. Went on first of his "Fireside Chat". 60 million people listened to him explain what he had done and that their money was safer in a reopened bank than under a mattress . -
Gives young men jobs, allows for family relied , Paid $30 / Month, 3 meals a day. Maintenance of public lands. -
Regulate production of commodities, Authorized the president to issue paper money and determine the gold or silver weight of the dollar. -
Required banks to register securities with the Federal Trade commission to prevent fraud. -
created this act to finance mortgages on residences and prevent foreclosures. -
Focuses on young people and minorities 2nd in command a southern liberal who didn’t want discrimination. -
he NYA provided part-time work for two groups: “1. Youth who were in school but who needed financial assistance in order to continue their education; and 2. Youth who were out of school, unemployed and needy”. Ages of eligibility for the first group were 16-24 and for the second, 16-25. -
Guaranteed workers the right to bargain collectively with their employees, prohibited employers from firing workers after a strike, and restricted other anti-union tactics. -
Designed to relieve poverty level of the elderly. Pays unemployment insurance, money to dependent mothers and children -
The Banking Act of 1935 curtailed the powers and independence of the Federal Reserve district banks and concentrated power in the Federal Reserve Bank board in Washington, DC. It also reorganized leadership positions and titles, gave the Federal Reserve more independence from the executive branch, established a more secure Federal Deposit Insurance Corporation, and cemented earlier reform efforts.