1 / 14

EMERGENCY BANKING RELIEF ACT

EMERGENCY BANKING RELIEF ACT. IMMEDIATE PURPOSE AUTHORIZED THE TREASURY DEPARTMENT TO INSPECT AND CLOSE BANKS LONG-TERM GOAL TO RESTORE PUBLIC CONFIDENCE IN BANKS. GLASS-STEAGALL BANKING ACT OF 1933. IMMEDIATE PURPOSE ESTABLISHED FDIC LONG-TERM GOAL TO RESTORE PUBLIC CONFIDENCE IN BANKS.

jensen
Download Presentation

EMERGENCY BANKING RELIEF ACT

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. EMERGENCY BANKING RELIEF ACT • IMMEDIATE PURPOSE • AUTHORIZED THE TREASURY DEPARTMENT TO INSPECT AND CLOSE BANKS • LONG-TERM GOAL • TO RESTORE PUBLIC CONFIDENCE IN BANKS

  2. GLASS-STEAGALL BANKING ACT OF 1933 • IMMEDIATE PURPOSE • ESTABLISHED FDIC • LONG-TERM GOAL • TO RESTORE PUBLIC CONFIDENCE IN BANKS

  3. FEDERAL SECURITIES ACT • IMMEDIATE PURPOSE • REQUIRED CORPORATIONS TO PROVIDE COMPLETE INFORMATION ON ALL STOCK OFFERINGS • LONG-TERM GOAL • TO RESTORE PUBLIC CONFIDENCE IN STOCK MARKET

  4. NATIONAL INDUSTRIAL RECOVERY ACT (NIRA) • IMMEDIATE PURPOSE • SET PRICES; ESTABLISHED LABOR STANDARDS • LONG-TERM GOAL • TO ENSURE FAIR BUSINESS PRACTICES AND TO PROMOTE INDUSTRIAL GROWTH

  5. AGRICULTURAL ADJUSTMENT ACT (AAA) • IMMEDIATE PURPOSE • PAID FARMERS TO LOWER PRODUCTION • LONG-TERM GOAL • TO RAISE CROP PRICES (AND THUS, FARM INCOME)

  6. TENNESSEE VALLEY AUTHORITY (TVA) • IMMEDIATE PURPOSE • BUILT AND REPAIRED DAMS AND OTHER PROJECTS IN THE TENNESSEE VALLEY REGION • LONG-TERM GOAL • TO CREATE PROSPERITY IN THE IMPOVERISHED TENNESEE VALLEY REGION

  7. CIVILIAN CONSERVATION CORPS (CCC) • IMMEDIATE PURPOSE • PUT YOUNG MEN TO WORK ON ROADS-BUILDING AND CONSERVATION PROJECTS • LONG-TERM GOAL • TO REDUCE UNEMPLOYMENT

  8. FEDERAL EMERGENCY RELIEF ADMINISTRATION (FERA) • IMMEDIATE PURPOSE • PROVIDE DIRECT RELIEF FOR THE NEEDY • LONG-TERM GOAL • TO PROVIDE FOR THE BASIC NEEDS OF THE PEOPLE HIT HARDEST BY THE DEPRESSION

  9. PUBLIC WORKS ADMINISTRATION (PWA) • IMMEDIATE PURPOSE • PROVIDED MONEY TO STATES TO CREATE JOBS • LONG-TERM GOAL • TO REDUCE UNEMPLOYMENT

  10. CIVIL WORKS ADMINISTRATION (CWA) • IMMEDIATE PURPOSE • PROVIDED 4 MILLION IMMEDIATE JOBS • LONG-TERM GOAL • TO REDUCE UNEMPLOYMENT

  11. HOME OWNERS LOAN CORPORATION (HOLC) • IMMEDIATE PURPOSE • PROVIDED GOVERNMENT LOANS TO HOMEOWNERS WHO FACED FORCLOSURE • LONG-TERM GOAL • TO HELP FAMILIES KEEP THEIR HOMES

  12. HUEY LONG • A SPOKESMAN FOR THE POOR • A GOVERNOR OF LOUISIANA AND LATER, ITS U.S. SENATOR • AN EARLY SUPPORTER OF THE NEW DEAL WHO LATER TURNED AGAINST ROOSEVELT. • HIS “SHARE OUR WEALTH” PROPOSAL WAS EXTREMELY POPULAR NATIONWIDE • HE WAS ASSASSINATED IN 1935 AT THE HEIGHT OF HIS POPULARITY

More Related