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Economic Programs (United States)
Economic Programs in the United States are created for the purpose of helping the economy. Economic Programs * Emergency Banking Act * Economy Act * Civilian Conservation Corps (CCC) * Agriculture Adjustment Act (AAA) * Tennessee Valley Authority (TVA) * National Industrial Recovery Act (NIRA) * Public Works Administration (PWA) * Banking Act of 1933 * Federal Emergency Relief Administration (FERA) * Federal Housing Administration (FHA) * Civil Works Administration (CWA) * Frazier-Lemke Farm Bankruptcy Act * Federal Securities Act * Glass–Steagall Act * Federal Deposit Insurance Corporation (FDIC) * National Housing Act * Securities and Exchange Act (SEC) * Indian Reorganization Act * Home Owners' Loan Corporation (HOLC) * Works Progress Administration (WPA) * National Youth Administration The National Youth Administration (NYA) was a New Deal agency sponsored by Franklin D. Roosevelt during his presidency. It focused on providing work and education for Americans betwe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of The United States
The United States is a highly developed mixed-market economy and has the world's largest nominal GDP and net wealth. It has the second-largest by purchasing power parity (PPP) behind China. It has the world's seventh-highest per capita GDP (nominal) and the eighth-highest per capita GDP (PPP) as of 2022. US share of Global economy is 15.78% in PPP terms in 2022. The United States has the most technologically powerful and innovative economy in the world. Its firms are at or near the forefront in technological advances, especially in artificial intelligence, computers, pharmaceuticals, and medical, aerospace, and military equipment. The U.S. dollar is the currency of record most used in international transactions and is the world's foremost reserve currency, backed by the nation’s massive economy, stable government, extensive natural resources, highly advanced military, its role as the reference standard for the petrodollar system, and its linked eurodollar and la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Youth Administration
The National Youth Administration (NYA) was a New Deal agency sponsored by Franklin D. Roosevelt during his presidency. It focused on providing work and education for Americans between the ages of 16 and 25. It operated from June 26, 1935 to 1939 as part of the Works Progress Administration (WPA) and included a Division of Negro Affairs headed by Mary McLeod Bethune who worked at the agency from 1936 to 1943. Following the passage of the Reorganization Act of 1939, the NYA was transferred from the WPA to the Federal Security Agency. In 1942, the NYA was transferred to the War Manpower Commission (WMC). The NYA was discontinued in 1943. By 1938, college youth were paid from $30 to $40 a month for "work study" projects at their schools. Another 155,000 boys and girls from relief families were paid $10 to $25 a month for part-time work that included job training. Unlike the Civilian Conservation Corps, it included young women. The youth normally lived at home, and worked on co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Works Progress Administration
The Works Progress Administration (WPA; renamed in 1939 as the Work Projects Administration) was an American New Deal agency that employed millions of jobseekers (mostly men who were not formally educated) to carry out public works projects, including the construction of public buildings and roads. It was set up on May 6, 1935, by presidential order, as a key part of the Second New Deal. The WPA's first appropriation in 1935 was $4.9 billion (about $15 per person in the U.S., around 6.7 percent of the 1935 GDP). Headed by Harry Hopkins, the WPA supplied paid jobs to the unemployed during the Great Depression in the United States, while building up the public infrastructure of the US, such as parks, schools, and roads. Most of the jobs were in construction, building more than 620,000 miles (1,000,000 km) of streets and over 10,000 bridges, in addition to many airports and much housing. The largest single project of the WPA was the Tennessee Valley Authority. At its peak ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Home Owners' Loan Corporation
The Home Owners' Loan Corporation (HOLC) was a government-sponsored corporation created as part of the New Deal. The corporation was established in 1933 by the Home Owners' Loan Corporation Act under the leadership of President Franklin D. Roosevelt. Its purpose was to refinance home mortgages currently in default to prevent foreclosure, as well as to expand home buying opportunities. Since Kenneth T. Jackson's work in the 1980s, scholars have increasingly portrayed HOLC as a key promoter of redlining and a driver of racial residential segregation and racial wealth inequality in the United States. Organizational history HOLC was established as an emergency agency under Federal Home Loan Bank Board (FHLBB) supervision by the Home Owners' Loan Act of 1933, June 13, 1933. It was transferred with FHLBB and its components to the Federal Loan Agency by Reorganization Plan No. I of 1939, effective July 1, 1939. It was assigned with other components of abolished FHLBB to the F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Reorganization Act
The Indian Reorganization Act (IRA) of June 18, 1934, or the Wheeler–Howard Act, was U.S. federal legislation that dealt with the status of American Indians in the United States. It was the centerpiece of what has been often called the "Indian New Deal". The major goal was to reverse the traditional goal of cultural assimilation of Native Americans into American society and to strengthen, encourage and perpetuate the tribes and their historic Native American cultures in the United States. The Act also restored to Indians the management of their assets—land and mineral rights—and included provisions intended to create a sound economic foundation for the residents of Indian reservations. The law did not apply to the territories—including what would become the state of Hawaii, and the state of Alaska—nor did they apply to the state of Oklahoma, which until McGirt v. Oklahoma, the McGirt case was regarded as having dissolved its reservations. In 1936 however, the rights of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securities And Exchange Act
The Securities Exchange Act of 1934 (also called the Exchange Act, '34 Act, or 1934 Act) (, codified at et seq.) is a law governing the secondary trading of securities (stocks, bonds, and debentures) in the United States of America. A landmark of wide-ranging legislation, the Act of '34 and related statutes form the basis of regulation of the financial markets and their participants in the United States. The 1934 Act also established the Securities and Exchange Commission (SEC), the agency primarily responsible for enforcement of United States federal securities law. Companies raise billions of dollars by issuing securities in what is known as the primary market. Contrasted with the Securities Act of 1933, which regulates these original issues, the Securities Exchange Act of 1934 regulates the secondary trading of those securities between persons often unrelated to the issuer, frequently through brokers or dealers. Trillions of dollars are made and lost each year through tr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Housing Act Of 1934
The National Housing Act of 1934, , , also called the Capehart Act and the Better Housing Program, was part of the New Deal passed during the Great Depression in order to make housing and home mortgages more affordable. It created the Federal Housing Administration (FHA) and the Federal Savings and Loan Insurance Corporation (FSLIC). The Act was designed to stop the tide of bank foreclosures on family homes during the Great Depression. Both the FHA and the FSLIC worked to create the backbone of the mortgage and home building industries, until the 1980s. These policies had disparate impacts on Americans along segregated lines :Author Richard Rothstein says the housing programs begun under the New Deal were tantamount to a "state-sponsored system of segregation." The government's efforts were "primarily designed to provide housing to white, middle-class, lower-middle-class families," he says. African-Americans and other people of color were left out of the new suburban communiti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that supply deposit insurance to depositors in American depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions. The FDIC is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the American banking system. More than one-third of banks failed in the years before the FDIC's creation, and bank runs were common. The insurance limit was initially US$2,500 per ownership category, and this was increased several times over the years. Since the enactment of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, the FDIC insures deposits in member banks up to $250,000 per ownership category. FDIC insurance is backed by the full faith and credit of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Securities Act
The Securities Act of 1933, also known as the 1933 Act, the Securities Act, the Truth in Securities Act, the Federal Securities Act, and the '33 Act, was enacted by the United States Congress on May 27, 1933, during the Great Depression and after the stock market crash of 1929. It is an integral part of United States securities regulation. It is legislated pursuant to the Interstate Commerce Clause of the Constitution. It requires every offer or sale of securities that uses the means and instrumentalities of interstate commerce to be registered with the SEC pursuant to the 1933 Act, unless an exemption from registration exists under the law. The term "means and instrumentalities of interstate commerce" is extremely broad and it is virtually impossible to avoid the operation of the statute by attempting to offer or sell a security without using an "instrumentality" of interstate commerce. Any use of a telephone, for example, or the mails would probably be enough to subject the t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Civil Works Administration
The Civil Works Administration (CWA) was a short-lived job creation program established by the New Deal during the Great Depression in the United States to rapidly create mostly manual-labor jobs for millions of unemployed workers. The jobs were merely temporary, for the duration of the hard winter of 1933–34. President Franklin D. Roosevelt unveiled the CWA on November 8, 1933, and put Harry L. Hopkins in charge of the short-term agency. The CWA was a project created under the Federal Emergency Relief Administration (FERA). The CWA created construction jobs, mainly improving or constructing buildings and bridges. It ended on March 31, 1934, after spending $200 million a month and giving jobs to four million people. Accomplishments CWA workers laid 12 million feet of sewer pipe and built or improved 255,000 miles of roads, 40,000 schools, 3,700 playgrounds, and nearly 1,000 airports. The program was praised by Alf Landon, who later ran against Roosevelt in the 1936 election. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
