Answer:
1. Agricultural Adjustment Act --- Subsidized farmers to cut production; declared unconstitutional.
2. Homeowners' Loan Corporation --- Loaned money to refinance mortgages.
3. Federal Deposit Insurance Corporation --- Insured bank deposits.
4. Social Security Act --- Created unemployment insurance, retiree pensions, disability insurance, and aid to poor children.
5. Civilian Conservation Corps --- Created jobs for young men in the nation's parks.
6. Fair Labor Standards Act --- Created a minimum wage and maximum hours for many workers.
7. National Labor Relations Act --- Created a board to oversee labor laws.
8. Works' Progress Administration --- Created jobs in public works, the arts, and research.
9. Tennessee Valley Authority --- Developed projects to bring electricity and flood control to the Tennessee River Valley.
10. Security Exchange Commission --- Regulated stock trading.
11. Federal Emergency Relief Administration --- Gave direct relief in the form of money to the states and localities for distribution to the needy.
Explanation:
1- The Agricultural Adjustment Act, AAA, was a law passed in the United States on May 12, 1933, which established the guidelines for the agricultural policy formulated by President Franklin D. Roosevelt and his Secretary of Agriculture Henry Wallace. The new policy was aimed at raising prices for agricultural products and thereby increasing farmers' incomes. In 1936, the AAA was declared unconstitutional by the Supreme Court.
2- The Home Owners' Loan Corporation was an agency whose purpose was to refinance homes to prevent foreclosures. It was used to convert short-term loans into longer-term loans (usually between 25 and 30 years).
3- The Federal Deposit Insurance Corporation was formed on June 16, 1933, after President Franklin D. Roosevelt approved the Banking Act of 1933, which was created, among other things, to guarantee citizens deposits after thousands of banks and financial institutions collapsed during the Great Depression.
4- The Social Security Act was passed as part of the New Deal. It was aimed at help citizens to face the risks of modern life in the United States (such as old age, poverty, unemployment, widowhood, orphanage). This law was the first to provide federal assistance to adult individuals.
5- The Civilian Conservation Corps was a social assistance program operating in the United States in 1933–1942, providing work to unemployed, unmarried men aged between 18 and 25 from poor families.
6- The Fair Labor Standards Act was approved by Congress in 1938. The FLSA establishes a minimum wage, proposes a regulation of overtime and prohibits the employment of minors and children in heavy work. It applies to employees working for a company engaged in trade or producing goods intended for trade.
7- The National Labor Relations Act protects most workers' right to form private sector unions, enter into collective bargaining and participate in strikes and other forms of joint activity in support of their claims. The law, on the other hand, does not include workers covered by the Railroad Act, agricultural workers, domestic workers, senior staff, self-employed workers and some family members of self-employed workers.
8- Works Progress Administration was a New Deal Reform Agency that employed millions, mostly unskilled men, to carry out various public sector projects, including public buildings and roads.
9- The Tennessee Valley Authority (TVA) is a program and government agency established as part of the New Deal to generate electricity and prevent flooding in seven states of the United States around the Tennessee River. The law that established the TVA was signed on May 18, 1933 by President Franklin D. Roosevelt.
10- The Securities and Exchange Commission (SEC) is an independent agency that oversees the securities market. It was established during the Great Depression in 1934.
11- The Federal Emergency Relief Administration was created with a budget of four billion dollars, a budget to be distributed among the municipalities, this organization aims to ensure the distribution of food to the poor. The funds were also used to secure new jobs related to public works. It was dissolved in December 1935 in favor of the new Work Projects Administration.
