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Home Owners Loan Coorporation (HOLC)
The Home Owners Loan Coorporation was a government-sponsored corporation created as part of the New Deal. The HOLC issued bonds and then used the bonds to purchase mortgage loans from lenders. This was for homeowners who were having problems making the payments on their mortgage loans "through no fault of their own." -
Emergancy Banking Relief Act (EBRA)
the EBRA was intended to restore Americans’ confidence in banks when they reopened after the four day holiday. It expanded presidential authority during a banking crisis, gave the comptroller of the currency the power to restrict the operations of a bank with impaired assets and to appoint a conservator, allowed the secretary of the treasury to determine whether a bank needed additional funds to operate -
Tennessee Valley Authority (TVA)
The Tennessee Valley Authority act developed the recourses of the Tennessee Valley. It provide navigation, flood control, electricity generation, fertilizer manufacturing, and economic development in the Tennessee Valley -
Agricultural Adjustment Administration (AAA)
The Agricultural Adjustment act reduced agricultural production by paying farmers subsidies not to plant on part of their land and to kill off excess livestock. The purpose of this was to reduce exess livestock and crops. -
Public Works Administration (PWA)
The Public Works act was created by the National Industrial Recovery act. It bugeted billions of dollars for construction on publiuc works.it was made to provide employment, stabilize purchasing power, improve public welfare, and contribute to a revival of American industry. -
National Youth Administration (NYA)
The NYA was designed to adress unemployment in youth. It provided grants to high schools and colleges students in exchange for work which allowed young people to continue studying while at the same time preventing the pool of unemployed youth from getting any larger. It also aimed to combine economic relief with on-the-job training in federally funded work projects designed to provide uneducated and unemployed youth with marketable skills for the future. -
United States Housing Authority (USHA)
The USHA was created within the United States Department of the Interior. It was influenced by American housing reformers of the period. The United States Housing Authority provided for subsidies to be paid from the U.S. government to local public housing agencies (LHAs) to improve living conditions for low-income families. -
Food, Drug, and Cosmetic act (FDC)
The FDC Required manufacturers to list what is in their products so the public can see. It also authorized EPA to set tolerances, or maximum residue limits, for pesticide residues on foods. -
Fair Labor Standards act
The FLSA established minimum wage, overtime pay, recordkeeping, and youth employment standards affecting employees in the private sector and in Federal, State, and local governments. It also introduced the forty-hour work week, 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 that is defined in the statute.
