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alphabet soup program chart - new deal student edition pgs 441-446, 452…

Question

alphabet soup program chart - new deal student edition pgs 441-446, 452-456, 474-475/shortcuts 4-9, 15-19, 37-38)
fill in all blank spaces. phrase bank below will help with description column

nameacronymdescriptionsymbol
civilian conservation corpscccthis act paid farmers for cutting production of soil - depleting crops
and federal deposit insurance corporationebra and
fair labor standards actna
federal emergency relief administantionfera
homecwnvers loan corporatiholc(hurt blacks, ethnic people, immigrants by classifying their neighborhoods as high risk for loans)
national recovery administrationnra
public works administration and works progress administrationpwa and wpa
securities exchange commissionsec
social security actna(hurt blacks who disproportionately held jobs that didnt get paid by check so they werent taxed)
tennessee valley authoritytva
wagner actna

Explanation:

Brief Explanations

This is a matching task for US New Deal programs, pairing each program with its correct description based on historical facts:

  1. AAA's description was misassigned; it paid farmers to cut soil-depleting crop production.
  2. CCC focused on environmental/conservation work for young men, so the misassigned AAA description is corrected here.
  3. FDIC (EBRA/FDIC) insures bank deposits to restore public trust in banks.
  4. Fair Labor Standards Act established minimum wage, overtime, child labor rules.
  5. FERA provided direct cash relief and jobs to unemployed people.
  6. HOLC's redlining practices harmed marginalized groups via high-risk neighborhood classifications.
  7. NRA set industry codes for wages, prices, and fair competition.
  8. PWA/WPA created large-scale public works projects to employ millions.
  9. SEC regulated stock markets to prevent fraud and restore investor confidence.
  10. Social Security Act's original structure harmed unbanked, cash-based workers (disproportionately Black).
  11. TVA developed the Tennessee Valley with dams, electricity, and flood control.
  12. Wagner Act protected workers' rights to unionize and bargain collectively.

Answer:

NameAcronymDescription
Civilian Conservation CorpsCCCHired young men for environmental conservation projects (e.g., reforestation, trail building) to reduce unemployment
Federal Deposit Insurance CorporationEBRA/FDICInsured bank deposits to restore public confidence in the banking system
Fair Labor Standards ActNAEstablished minimum wage, overtime pay, and banned child labor
Federal Emergency Relief AdministrationFERAProvided direct cash payments and temporary jobs to unemployed Americans
Home Owners' Loan CorporationHOLC(hurt blacks, ethnic people, immigrants by classifying their neighborhoods as high risk for loans)
National Recovery AdministrationNRACreated industry-wide codes for fair wages, prices, and business practices
Public Works Administration and Works Progress AdministrationPWA and WPAFunded large-scale public works projects (roads, buildings, art) to employ millions
Securities Exchange CommissionSECRegulated the stock market to prevent fraud and ensure transparency for investors
Social Security ActNA(hurt blacks who disproportionately held jobs that didn't get paid by check so they weren't taxed) <br> Also created old-age pensions, unemployment insurance, and aid to dependent children
Tennessee Valley AuthorityTVABuilt dams, provided electricity, controlled floods, and developed the Tennessee Valley region
Wagner ActNAProtected workers' rights to form unions and engage in collective bargaining with employers