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FDR

 


             The PWA launched projects such as the Grand Coulee Dam on the Columbia River.
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             f. National Labor Relations Act (Wagner Act).
             It legalized practices allowed only unevenly in the past, such as closed shops in which only union members could work and collective bargain. The act also set up the National Labor Relations Board (NLRB) to enforce its provisions.
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             g. Indian Reorganization Act of 1934.
             This act ended the sale of tribal lands and restored ownership of unallocated lands to Native American groups.
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             h. Federal Securities Act of May 1993/ Securities and Exchange Commission (SEC).
             This act required full disclosure of information on stocks being sold. The SEC regulated the stock market. Congress also gave the Federal Reserve Board the power to regulate the purchase of stock on margin.
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             i. National Industrial Recovery Act (NIRA) of June 1933.
             The decline in the industrial prices in 1930s caused business failures and unemployment. The NIRA was formed in order to boost the declining prices, helping businesses and workers. The NIRA also allowed trade associations in many industries to write codes regulating wages, working conditions, production, and prices. It also set a minimum wage.
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             j. Home Owners Loan Corporation (HOLC) / Agriculture Adjustment Administration (AAA).
             In order to help people keep their houses, the HOLC refinanced mortgages of middle-income homeowners. The AAA tried to raise farm prices. It used proceeds from a new tax to pay farmers not to raise specific crops and animals. Lower production would, in turn, increase prices.
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             k. Tennessee Valley Authority (TVA) (May 1993).
             The TVA helped farmers and created jobs in one of America s least modernized areas.
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             l. Works Progress Administration (WPA) 1935-1943.
             This agency provided work for 8 million Americans. The WPA constructed or repaired schools, hospitals, airfields, etc.
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             m. Farm Security Administration (FSA).
             The FSA loaned more than $1 billion to farmers and set up camps for migrant workers.


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