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SEC
The SEC was created to regulate the stock market and stop fraud. This helps America in the same way now as it did then. It helps protect from inaccurate purchases and keeps the stock market on a normal pace. -
FDIC
The was used FDIC provide government insurance for bank deposits. The FDIC increased public confidence in the banking systems. Today we use it to insure the protection of bank accounts and systems. -
Glass-Steagall Act
This act separated commercial banking from investment banking. Most of the act was repealed in 1999 for the reason that we did not have a purpose for it. -
Agricultural Adjustment Act
This act stated that prices for farm goods were low because farmers grew too much food. It helped decrease money inflation. Portions of this act are used today but not much o it is used anymore. -
NRA
This law stated that the National Recovery Administration could suspend antitrust laws and allowed business, labor, and government to cooperate with rules, or codes of fair competition, for each industry. It decreased industrial production. This law was ruled unconstitutional after it was established and is not used today. -
Federal Housing Authority
This act is used to regulate interest rates and mortgage terms. It helped house people after the great depression and today it helps people to pay mortgages and keep track of their home ratings. Today banks can give mortgage loans from this act. -
SSA
This act is a social insurance program that is still used today. It's an act that helps older workers plan for retirement. This was one the America's most successful programs and still is today. -
National Labor and Regulaions Board
This law hold responsibilities to enforce labor. It's used the same way today as it was used then and it helps many businesses. This law helps protect laborers from unfair practices and allows collective bargaining.
