Great Depression: New Deal Alphabet Agencies
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Great Depression: New Deal Alphabet Agencies

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Questions and Answers

What does FDIC stand for?

  • Federal Depository Investment Company
  • Federal Deposit Investment Cooperation
  • Federal Deposit Insurance Corporation (correct)
  • Federal Development Insurance Corporation
  • What year was the Federal Emergency Relief Administration (FERA) established?

    1933

    The Agricultural Adjustment Act (AAA) paid farmers to not plant crops in order to reduce __________.

    surpluses

    The Civil Works Administration (CWA) employed about four million people for construction jobs.

    <p>True</p> Signup and view all the answers

    What is a primary function of the Public Works Administration?

    <p>To fund construction projects</p> Signup and view all the answers

    What was the main goal of the National Recovery Administration (NRA)?

    <p>Promote economic recovery</p> Signup and view all the answers

    Which administration was created to oversee the economic development of the Tennessee River watershed?

    <p>Tennessee Valley Authority</p> Signup and view all the answers

    Match the following 'Alphabet Agencies' with their primary functions:

    <p>FHA = Provided small loans to stimulate building industry SEC = Regulates stock market prices to protect investors FSA = Set up temporary housing for Dust Bowl refugees WPA = Employed millions for construction jobs and arts programs</p> Signup and view all the answers

    What did the National Youth Administration (NYA) provide?

    <p>Jobs for unemployed youths</p> Signup and view all the answers

    The Rural Electrification Administration (REA) provided low-interest loans to farm cooperatives to bring __________ to rural communities.

    <p>power</p> Signup and view all the answers

    The Resettlement Administration evolved to become the Farm Security Administration (FSA).

    <p>True</p> Signup and view all the answers

    Study Notes

    Federal Deposit Insurance Corporation (FDIC)

    • Established in 1933 as a reform measure.
    • Insures bank customers for up to $5,000 against bank failures.

    Federal Emergency Relief Administration (FERA)

    • Created in 1933 for relief efforts.
    • Supported nearly five million families, funding work projects, vaccinations, and literacy programs.

    Agricultural Adjustment Act (AAA)

    • Enacted in 1933 aimed at economic recovery.
    • Paid farmers to reduce crop planting, aiming to decrease surpluses and raise prices; ruled unconstitutional in 1936.

    Civil Works Administration (CWA)

    • Formed in 1933 as a relief initiative.
    • Provided approximately four million jobs in construction, including school repairs and road building; disbanded within a year.

    Public Works Administration (PWA)

    • Established in 1933 under the National Industrial Recovery Act (NIRA).
    • Focused on large construction projects such as bridges and highways.

    National Recovery Administration (NRA)

    • Introduced in 1933 aimed at economic recovery.
    • Set business codes and quotas to combat deflation; declared unconstitutional in 1935.

    Civil Conservation Corps (CCC)

    • Launched in 1933, targeting youth unemployment.
    • Offered jobs in national parks and forests.

    Tennessee Valley Authority (TVA)

    • Started in 1933 as a reform program.
    • Promoted economic development in the Tennessee River area through dam construction, reforestation, and job creation.

    Federal Housing Administration (FHA)

    • Created in 1934 for economic recovery.
    • Offered small loans to stimulate the housing industry.

    Home Owner's Loan Corporation (HOLC)

    • Established in 1934 to aid financially struggling homeowners.
    • Provided low-interest loans to stimulate the housing market.

    Federal Communications Commission (FCC)

    • Formed in 1934 to regulate communication sectors like radio and television.

    Securities and Exchange Commission (SEC)

    • Established in 1934 as a reform agency.
    • Regulates the securities industry to protect investors against fraud and manipulation.

    Indian Reorganization Act

    • Enacted in 1934 to reverse the Dawes Act of 1887.
    • Aimed to preserve Indian lands and cultures by encouraging self-governance.

    Social Security Administration (SSA)

    • Created in 1935 as a reform initiative.
    • Administers a national pension system for the retired and public assistance programs, funded through payroll taxes.

    Works Progress Administration (WPA)

    • Established in 1935 under the Emergency Relief Appropriation Act.
    • Employed around 8.5 million people in construction and arts, funding projects like murals and roads.

    National Youth Administration (NYA)

    • Created in 1935 to address youth unemployment.
    • Provided over 4.5 million jobs for young people.

    National Labor Relations Act (NLRA)

    • Enacted in 1935 to reform labor relations.
    • Established the National Labor Relations Board (NLRB) to resolve disputes between unions and management.

    Rural Electrification Administration (REA)

    • Launched in 1935 as a reform measure.
    • Offered low-interest loans to cooperatives to extend electricity to rural areas.

    Farm Security Administration (FSA)

    • Initiated in 1937 to provide relief to Dust Bowl refugees.
    • Set up temporary housing for those migrating to California.

    Resettlement Administration

    • Established in 1935 to support sharecroppers.
    • Evolved into the Farm Security Administration.

    Federal Crop Insurance Corporation (FCIC)

    • Created in 1938 to provide insurance for farmers against crop losses.

    Civil Aeronautics Board (CAB)

    • Formed in 1940 to regulate both private and commercial aviation.

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    Description

    Explore the key agencies introduced during the New Deal, known as the 'Alphabet Agencies'. This quiz covers major initiatives such as the FDIC and FERA, detailing their roles and impacts on American society during the Great Depression. Test your knowledge with these flashcards!

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