NEW DEAL ALPHABET AGENCIES

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NEW DEAL ALPHABET AGENCIES
Agency
Agricultural Adjustment
Administration, 1933
Civilian Conservation Corps, 1933
Federal Communications
Commission, 1934
Federal Deposit Insurance
Corporation, 1933
Federal Housing Administration,
1934
National Labor Relations Board,
1934
Public Works Administration, 1933
Securities and Exchange
Commission, 1934
Social Security Board, 1935
Tennessee Valley Authority, 1933
Works Progress Administration,
1935
What Did it Do? Which R? Is It Still Around Today?
Agency
Agricultural Adjustment Act,
1933
Civil Aeronautics Authority, 1933
Civilian Conservation Corps,
1933
Civil Works Administration, 1933
Emergency Banking Act, 1933
Farm Credit Administration,
1933
Federal Communications
Commission, 1934
What Did it Do
restricted agricultural production in the by paying farmers to reduce crop area. Its purpose was to reduce
crop surplus so as to effectively raise the value of crops, thereby giving farmers relative stability.The farmers
were paid subsidies by the federal government for letting a portion of their fields lie fallow. The money for
these subsidies was generated through an exclusive tax on companies which processed farm products
gave the authority the power to regulate airline fares and to determine the routes that air carriers would
serve; CAA was responsible for air traffic control, safety programs, and airway development. The CAB was
entrusted with safety rulemaking, accident investigation, and economic regulation of the airlines; now the
FAA
a public work relief program for unemployed men, providing vocational training through the
performance of useful work related to conservation and development of natural resources in the
United States from 1933 to 1942 – Skyline Drive
create jobs for millions of unemployed. The jobs were merely temporary, for the duration of the
hard winter; ended on March 31, 1934, under the advice of Lewis Douglas, after costing $200
million a month. So much was spent on this administration because it hired 4 million people and
was mostly concerned with paying high wages
allowed a plan that would close down insolvent banks and reorganize and reopen those banks
strong enough to survive; The sense of urgency was such that the act was passed with only a
single copy available on the floor and most legislators voted on it without reading it
help farmers refinance mortgages over a longer time at below-market interest rates at regional
and national banks. This helped farmers recover from the Dustbowl. The Emergency Farm
Mortgage Act loaned funds to farmers in danger of losing their properties. The campaign
refinanced 20% of farmer's mortgages; still around today
jurisdiction over radio licensing
Federal Deposit Insurance
Corporation, 1933
provides deposit insurance, which guarantees the safety of deposits in member banks, currently up to
$250,000 per depositor per bank. The FDIC insures deposits at 8,195 institutions.[2] The FDIC also examines
and supervises certain financial institutions for safety and soundness, performs certain consumer-protection
functions, and manages banks in receiverships (failed banks); 1934 - $2,500; 1935 - $5,000; 1950 - $10,000
Federal Emergency Relief
Administration, 1933
the first direct-relief operation under the New Deal; main goal was to alleviate adult unemployment;provided
state assistance for the unemployed and their families. From when it began in May 1933 until it closed its
operations in December 1935, it gave states and localities $3.1 billion to operate local work projects and
transient programs
Federal Housing Administration,
1934
Federal Music Project, 1935
intent was to regulate the rate of interest and the terms of mortgages that it insured; new lending practices increased the
number of people who could afford a down payment on a house and a mortgage, thereby also increasing the size of the
market for single-family homes; goals of this organization are: to improve housing standards and conditions; to provide an
adequate home financing system through insurance of mortgage loans; and to stabilize the mortgage market
part of the program Federal One, employed musicians, conductors and composers during the Great Depression. People in
the music world had been particularly hard-hit by the era's economic downturn. In addition to performing thousands of
concerts, offering music classes, organizing the Composers Forum Laboratory, hosting music festivals and creating 34 new
orchestras, employees of the FMP researched American traditional music and folk songs; many people visited these
symphonies to forget about the economic hardship of the time.
Farm Security Administration,
1935
was an effort during the Depression to combat American rural poverty; stressed "rural rehabilitation" efforts
to improve the lifestyle of sharecroppers, tenants, and very poor landowning farmers, and a program to
purchase submarginal land owned by poor farmers and resettle them in group farms on land more suitable
for efficient farming
Federal Theatre Project, 1935
project to fund theatre and other live artistic. It was one of five Federal One projects sponsored by the Works
Projects Administration (WPA). The FTP's primary goal was employment of out-of-work artists, writers, and
directors, with the secondary aim of entertaining poor families and creating relevant art; 1939, the FTP was
ended when its funding was canceled, largely attributed to strong Congressional objections to the overtly
left-wing political tones of many FTP productions
Fair Labor Standards Act, 1938
established a national minimum wage, guaranteed time and a half for overtime in certain jobs, and
prohibited most employment of minors in "oppressive child labor," a term defined in the statute; applies to
employees engaged in interstate commerce or employed by an enterprise engaged in commerce or in the
production of goods for commerce
Home Owners Loan Corporation,
1933
purpose was to refinance homes to prevent foreclosure. It was used to extend loans from shorter loans to
fully amortized, longer term loans (typically 20-25 years). Through its work it granted long term mortgages to
over a million people facing the loss of their homes
National Industrial Recovery Act,
1933
authorized the President of the United States to regulate industry and permit cartels and monopolies in an
attempt to stimulate economic recovery, and which established a national public works program; devoted to
Industrial recovery and created the WPA; struck down as unconstitutional by SCOTUS in 1935
National Labor Relations Board,
1934
National Recovery
Administration, 1933
charged with conducting elections for labor union representation and with investigating and remedying
unfair labor practices; still around today
allowed industries to create "codes of fair competition," which were intended to reduce "destructive
competition" and to help workers by setting minimum wages and maximum weekly hours. It also allowed
industry heads to collectively set price floors
(from NIRA – above)
National Youth Administration,
1935
it served 327,000 high school and college youth, who were paid from $6 to $40 a month for "work study"
projects at their schools; Another 155,000 boys and girls from relief families were paid $10 to $25 a month
for part-time work that included job training; youth normally lived at home, and worked on construction or
repair projects
Public Works Administration,
1933
concentrated on the construction of large-scale public works such as dams and bridges, with the goal of providing
employment, stabilize purchasing power, and contribute to a revival of American industry; The PWA spent over $6
billion, and helped to push industry back toward pre-Depression levels. It lowered unemployment and created an
infrastructure that generated local pride in the 1930s and remains vital seven decades later
Resettlement Administration,
1935
between April 1935 and December 1936, relocated struggling urban and rural families to communities planned by
the federal government; The RA worked with nearly 200 communities on its projects, notably including: Greenbelt,
MD (completely planned by RA); Hickory Ridge (now in Prince William Forrest)
Rural Electrification
Administration, 1935
charged with providing public utilities (electricity, telephone, water, sewer) to rural areas in the United States
via public-private partnerships; REA made loans available to local electrification cooperatives, which operated
lines and distributed electricity; today is Rural Utilities Service
Securities and Exchange
Commission, 1934
main reason for the creation of the SEC was to regulate the stock market and prevent corporate abuses
relating to the offering and sale of securities and corporate reporting. The SEC was given the power to license
and regulate stock exchanges, the companies whose securities traded on them, and the brokers and dealers
who conducted the trading
Social Security Board, 1935
administers Social Security, a social insurance program consisting of retirement, disability, and survivors'
benefits. To qualify for these benefits, most American workers pay Social Security taxes on their earnings;
future benefits are based on the employees' contributions; created when social security was created
Tennessee Valley Authority,
1933
created by congressional charter in May 1933 to provide navigation, flood control, electricity generation,
fertilizer manufacturing, and economic development in the Tennessee Valley, a region particularly impacted
by the Great Depression; TVA's service area covers most of Tennessee, parts of Alabama, Mississippi, and
Kentucky, and small slices of Georgia, North Carolina, South Carolina, West Virginia, Indiana and Virginia
Works Progress Administration,
1935
was the largest New Deal agency, employing millions to carry out public works projects, including the construction of public
buildings and roads, and operated large arts, drama, media, and literacy projects. It fed children and redistributed food,
clothing, and housing. Almost every community in the United States had a park, bridge or school constructed by the agency,
which especially benefited rural and Western populations. Expenditures from 1936 to 1939 totaled nearly $7 billion; until
1943, the WPA was the largest employer in the country
1. AAA - Agricultural Adjustment Act, 1933
2. CAA - Civil Aeronautics Authority (now Federal Aviation Administration), 1933
3. CCC - Civilian Conservation Corps, 1933
4. CWA - Civil Works Administration, 1933
5. EBA - Emergency Banking Act, 1933
6. FCA - Farm Credit Administration, 1933
7. FCC - Federal Communications Commission, 1934
8. FDIC - Federal Deposit Insurance Corporation, 1933
9. FERA - Federal Emergency Relief Administration, 1933
10. FHA - Federal Housing Administration, 1934
11. FMP - Federal Music Project, part of WPA 1935
12. FSA - Farm Security Administration, 1935
13. FTP - Federal Theatre Project, part of WPA 1935
14. FLSA - Fair labor standards act , 1938
15. HOLC - Home Owners Loan Corporation, 1933
16. NIRA - National Industrial Recovery Act, 1933
17. NLRB - National Labor Relations Board, 1934
18. NRA - National Recovery Administration, 1933
19. NYA - National Youth Administration, part of WPA 1935
20. PWA - Public Works Administration, 1933
21. RA - Resettlement Administration, 1935
22. REA - Rural Electrification Administration (now Rural Utilities Service), 1935
23. SEC - Securities and Exchange Commission, 1934
24. SSB - Social Security Board (now Social Security Administration), 1935
25. TVA - Tennessee Valley Authority, 1933
26. USHA - United States Housing Authority, 1937
27. WPA - Works Progress Administration, 1935
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