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The Farm Credit Administration (FCA)
The Farm Credit Administration (FCA) helped farmers refinance their mortgages. These loans saved millions of farms from foreclosure. Although the FCA may have slowed economic recovery by making less money available to lend to more efficient businesses, it did help many desperate and impoverished people hold onto their land. -
The Federal Deposit Insurance Corporation (FDIC)
The Federal Deposit Insurance Corporation (FDIC) was made to provide government insurance for bank deposits. The creation of the FDIC increased public confidence in the banking system. -
The Civil Works Administration (CWA)
The Civil Works Administration (CWA) greatly increased employment. Hiring workers directly, the CWA employed 4 million people, including 300,000 women. The agency built or improved 1,000 airports, 500,000 miles of roads, 40,000 school buildings, and 3,500 playgrounds and parks. The program spent nearly $1 billion in just five months. -
Securities and Exchange Commission
The Securities and Exchange Commission (SEC) was created to regulate the stock market and stop fraud. It's impact on America was that when they made it, it regulated exchanges, brokers, and over-the-counter markets, as well as to monitor the required financial disclosures. Further, the act authorized the SEC to break up any unnecessarily large utility combinations into smaller, geographically based companies and to set up federal commissions to regulate utility rates and financial practices. -
The Federal Housing Administration (FHA)
The Federal Housing Administration (FHA), provides mortgage insurance on loans throughout the United States and its territories. FHA has influenced America but insuring mortgages on single family and multifamily homes including manufactured homes and hospitals. -
The National Labor Relations Board
The National Labor Relations Board is an independent US government agency with responsibilities for enforcing US labor law in relation to collective bargaining and unfair labor practices. It included America by regulating unfair labor prices. -
The Social Security Act
The Social Security Act was signed into law by President Roosevelt on August 14, 1935. In addition to several provisions for general welfare, the new Act created a social insurance program designed to pay retired workers age 65 or older a continuing income after retirement. -
Works Progress Administration (WPA)
The Works Progress Administration (WPA) employed 8.5 million workers and spent $11 billion to construct about 650,000 miles of roadways, 125,000 public buildings, 853 airports, more than 124,000 bridges, and more than 8,000 parks. One WPA program, called Federal Number One, financed artists, musicians, theater people, and writers.
