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Agricultural Adjustment Administration (AAA)
The AAA was established by the Agricultural Adjustment Act of 1933. Its purpose was to restore agricultural prosperity. It did this by decreasing production of crops, increasing the prices for the crops, and decreasing exporting of surpluses. In 1936 the Supreme Court declared the Act unconstitutional so it was shut down. -
Federal Emergency Relief Administration (FERA)
FERA was created by the Federal Emergency Relief Act. It helped states to provide aid for the unemployed by being funded $500 million to give direct relief to the needy. Half of the money went to states to give food and clothes to the unemployed, elderly, and the ill. The rest of the money was distributed to the states to support work relief programs. It ended during December of 1935. -
Tennessee Valley Authority (TVA)
The TVA was established by the Tennessee Valley Authority Act. Its purpose was to control floods, improve navigation, and produce electricity along the Tennessee River. This made jobs for men and made farmer's lives easier now that they could get electricity. It created over 50 dams to produce the electrical power. Still in use today. -
National Recovery Administration (NRA)
The NRA was established my Franklin D. Rosevelt to stimulate business recovery by practicing fair codes. It was a part in FDR's plan to reduce unemployment and establish minimum wages and weekly hour caps. The NRA was disbanded in 1935 by the Supreme Court. -
Home Owners' Loan Corporation (HOLC)
HOLC was established by the Home Owners' Loan Act. Its purpose was to get American families to be able to afford homes to restore the housing market. It did this by issueing bonds to purchase mortgage loans. HOLC forclosured in 1935, because it couldn't keep up with payments to mortgage lenders. -
Public Works Administration (PWA)
The PWA was created by the National Industrial Recovery Act. It was designed to reduce unemployment and increase buying power through constuction of federal projects. THe projects consisted of highways, courthouses, schools, homes, etc. It disbanded on during 1939. -
Federal Deposit Insurance Corporation (FDIC)
The FDIC was established by the Glass-Steagall Act of 1933. Its purpose was to insure bank deposits against loss if the banks failed. It became a permanent agency in 1935 to gain more public trust in banks. -
Federal Housing Administration (FHA)
The FHA was established by the National Housing Act. Its prupose was increase the population that could afford homes and keep the housing market alive. It did this by regulating the rate of interest and mortgag terms it insured. This allowed people to be able to afford down payments on houses. In November of 2012 the agency was declared bankrupt. -
National Labor Relations Board (NLRB)
The NLRB was established by the National Labor Relations Act, aslo known as the Wagner Act. Its main purpose was to make the legal right of workers to organize or join labor unions. It acted as an overseer of labor relations between emplyers and unions. This act is still in use today. -
Social Security Administration (SSA)
The SSA was established by the Social Security Act. Its purpose was to provide general welfare for the old-aged, needy, poor, and childeren. IT was a pension system that gave $200 monthly to elderly. THis allowed them to stop working, so young men and women could get jobs and provide for their families. It is still in use today.
