Emergency Banking Act/Federal Deposit Insurance Corporation (FDIC)
A government legislation passed during the depression that dealt with the bank problem. In 1933, the president was given the power to set up a system by which banks would be reorganized or reopened. The act was primarily to protect the larger banks from being dragged down by the weakness of smaller ones. In addition, The Treasury Department was to inspect banks before reopening.
Federal Emergency Relief Administration (FERA)
The Act was the first direct-relief operation under the New Deal, and was headed by Harry L. Hopkins, a New York social worker who was one of Franklin D. Roosevelt's most influential advisers. The act provided money for food and other necessities for the unemployed.
Civil Works Administration (CWA)
The CWA created construction jobs, mainly improving or constructing buildings and bridges. Designed to provide temporary jobs during the winter emergency of 1933. It prevented winter damage by creating tens of thousands of jobs such as leaf-raking.
Civilian Conservation Corps (CCC)
A public work relief program for unemployed men. They worked on jobs related to conservation and development of natural resources. Reduced poverty and unemployment by helping young men and families.
National Industrial Recovery Act (NIRA)
A New Deal legislation that focused on the employment of the unemployed and the regulation of unfair business ethics. The NIRA put cash into the economy to stimulate the job market while creating codes that businesses were to follow to maintain the ideal of fair competition.
Public Works Association (PWA)
The program concentrated on the construction of large-scale public works such as dams and bridges, with the goal of providing employment, stabilizing purchasing power. The PWA launched projects such as the Grand Coulee Dam on the Columbia River.
Home Owners Loan Corporation
The HOLC refinanced American home mortgages. This effort allowed one-fifth of all U.S. mortgages to become refinanced which would prevent another Great Depression. This act helped about a million households keep their homes by bailing out mortgage-holding banks. This act helped cement the loyalty of the middle class to the FDR administration.