Term
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Definition
| began on march 6 1933. fdr was like let's close the banks for 4 days and have a special session for congress to pass some of those lovely bank-reform laws, yo. |
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Term
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Definition
| March 1933. wanna keep those solvent banks from being hurt from dem weaker & less stable ones. it allowed the treasury dept. to inspect all banks following the bank chag and give some help to the banks that could be saved. The Lord and this act helped preserve the people's faith in the bank and the heavens above. |
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Term
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Definition
| March 1933. (pretty busy month, eh?) proposed a balanced fed. budget. yay! let's cut salaries of gov. employees and vet. pensions, too! this shows that the lovely government was being responsible with the taxpayers' ca$hmoney |
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Term
Agricultural Adjustment Act |
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Definition
May 1933. let's stop farm overproduction so that farm prices won't keep falling. producers of 7 basic farm products wud decide on limits for producing them goods.
New agency- the AAA! (no, not triple A) but the Agricultural Adjustment Agency |
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Term
| Securities and Exchange Commision (SEC) |
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Definition
| June 1934. this agency = police that stock market! |
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Term
| Naitonal Industrial Recovery Act |
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Definition
June 1933
TWO PARTS. get ready.
part 1. NRA. National Recovery Agency. allow businesses to limit competition by creating industry-wide agreements on prices wages and profit to increase profits, thereby expanding production and hire jobless workers. this gets rid of that anti-trust law that prevented these big agreements on stuff.
part 2. PWA Public Works administration. 3.3 billion $$$ to set up parks and other projects to make jobs (random: did u know the lovely brighton resevoir is a ccc project?)
but wait. there's more. seciton 7a:
recognize the rights of workers to form unions and negotiate money stuff and working conditions w/ employers. collective bargaining! |
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Term
| Federal Deposit Insurance Corporation |
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Definition
| June 1933. fed. gov insured banks deposits up to $2500 if the bank failed |
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Term
| Federal Emergency Relief Act FERAAAAA |
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Definition
| May 1933. fed. gov. provided and initial grant of 500 milloin smackaroos to cities and states for emergency relief for ye ole' americanos |
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Term
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Definition
| Nov 1933. work relief in the form of fed. funded jobs. lets repair highways, build airport and swingsets too |
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Term
| Civillian Conversation Corps (CCC HELL YEAH MA FAV!) |
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Definition
| March 1933. Lets put those lads from 18-25 yrs old to work outdoors and make dem resevoirs! (i mentoned this in an earlier flashcard whoops) also fire towers and farmers terrace to prevent soil erosion, whatever the hell that means. 1941-2.2 mil dudes had been a ccc'er |
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