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Period: to
The New Deal
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Security & Exchange Commission
Created to regulate the stock market and stop fraud. Impacted the community and no longer risked depositors money through stock speculation. -
Federal Deposit Insurance Corporation
Put government insurance on bank deposits. Led to the increasing of public confidence in the banking system. -
Civilian Conservation Corps
Offered unemployed young men, 18-25 year olds, the opportunity to work under the direction of the forestry service planting trees, fighting forest fires, and building reservoirs. -
Federal Emergency Relief Administration
Gave money to local agencies to fund their projects. They spent $5 million on relief projects. -
Federal Housing Authority
Give $500 million to subsidize loans to builders willing to construct low-cost housing. Led to many houses for a low-cost directed towards the poor community. -
National Labor Relations Board
Part5 of the Wagner Act. Organized factory elections by secret ballot to determine whether workers wanted a union. Also, investigated employers actions and stopped unfair practices. It led to a burst of labor activity. -
Social Security Act
Created a system to transfer payment in which younger, working people support older, retired people. It took $2 billion out of the economy. -
Agricultural Adjustment Act
Paid farmers not to raise certain livestock, grow certain crops, and produce dairy. Over time farmers withdrew millions of acres from cultivation and received a billion dollars in support payments.
