However, the definition has now been made consistent with the Income Tax Act. A non-resident under the Income Tax Act, 1961 would have the same status under the FEMA as well. Prior to 1933, the federal government gave loans to the states to operate relief programs 4: FERA (Federal Emergency Relief Administration) Established in 1933 by Harry Hopkins, a close advisor to Franklin Roosevelt, this agency was the first of the New Deal's major relief operations. Know: Pump Priming, CCC, FERA, Harry Hopkins, AAA, HOLC, CWA 6. Definition and Summary of the Relief, Recovery and Reform Summary and Definition: The Relief, Recovery and Reform programs, known as the 'Three R's', were introduced by President Franklin D. Roosevelt during the Great Depression to address the problems … The head of the Federal Emergency Relief Administration (FERA). It also created unskilled jobs in local and state government and provided projects for professionals (writers, actors, etc.) Created the Federal Emergency Relief Administration (FERA), which provided state assistance to the unemployed and their families. A friend and advisor to President FDR. CCC- Civilian COnservvation CORps- Jops to 3 million FERA- Fedreal Emergency Relief Act and Administration- 3 billion 3 direct relief and for civil works projects FERA – the four-letter acronym for Foreign Exchange Regulation Act is a legislation that came into existence in 1973 with the purpose to regulate certain dealings in foreign exchange, impose restrictions on certain kinds of payments and to monitor the transactions impinging the foreign exchange and the import and export of currency. He was very involved in reforms in the Great Depression and in the 30's and 40's in such issues as unemployment and mortgages. -- Created using PowToon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animated videos and animated presentations for free. Definition and Summary of the Federal Reserve Act Summary and Definition: The Federal Reserve Act aka the Owen-Glass Act or the Currency Bill, was a law passed during the era of the Progressive Movement that was designed to safeguard the US economy by establishing a regional Federal Reserve System operating under a supervisory board in Washington. Explain the difference between New Deal agencies and what radical critics wanted the government to do. The FERA was created on May 12, 1933, by the Federal Emergency Relief Act of 1933, and President Roosevelt chose Harry Hopkins to be the administrator [1]. 155134233: Federal Housing Administration The Gilded Age: A Tale of Today It provided assistance for the unemployed , supporting nearly five million households each month by funding work projects for more than 20 million people. “The Gilded Age” is the term used to describe the tumultuous years between the Civil War and the turn of the twentieth century. The definition of a resident under the FERA was different from the one provided in the Income Tax Act. Federal Emergency Relief Administration (1933)- Relief, Recovery- Combined cash relief to needy families with work relief; superseded in early 1935 by the extensive work relief projects of the WPA and unemployment insurance established by Social Security. 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