4. New Deal Programs INITIALS STAND FOR… DESCRIPTION & EFFECT HOW DID IT HELP? Banking Bill” “Emergency Chat” “”Fireside Federal Deposit Insurance Confidence in the banks was 1 *FDIC Insured bank deposits up to $5000 Corporation restored Regulate the stock market; Stocks Securities and Exchange Confidence in the stocks 2 *SEC markets stabilized as trading Commission market was restored practices reassured investors Sought to end overproduction and Provided financial aid to 3 AAA Agricultural Adjustment Act raise crop prices farmers Built dams to generate electric power, replanted forests, built Provided water and electricity 4 *TVA Authority fertilizer plants, created jobs, and for the area attracted industry Replanted forests, dug ditches, 5 CCC Civilian Conservation Corps Provided jobs for young men fought fires, made trails Established regulations for workers Helped workers make more National Industrial Recovery 6 NIRA pay and businesses (minimum money, helped businesses try Act wage) and survive the Depression Improved the nations Built bridges, power plants and 7 PWA Public Works Administration infrastructure and provided government buildings jobs
4. New Deal Programs INITIALS STAND FOR… DESCRIPTION & EFFECT HOW DID IT HELP? “Emergency Banking Bill” “”Fireside Chat” 1 *FDIC Federal Deposit Insurance Corporation Insured bank deposits up to $5000 Confidence in the banks was restored 2 *SEC Securities and Exchange Commission Regulate the stock market; Stocks markets stabilized as trading practices reassured investors Confidence in the stocks market was restored 3 AAA Agricultural Adjustment Act Sought to end overproduction and raise crop prices Provided financial aid to farmers 4 *TVA Authority Built dams to generate electric power, replanted forests, built fertilizer plants, created jobs, and attracted industry Provided water and electricity for the area 5 CCC Civilian Conservation Corps Replanted forests, dug ditches, fought fires, made trails Provided jobs for young men 6 NIRA National Industrial Recovery Act Established regulations for workers pay and businesses (minimum wage) Helped workers make more money, helped businesses try and survive the Depression 7 PWA Public Works Administration Built bridges, power plants and government buildings Improved the nations infrastructure and provided jobs