New Deal Programs
established to help the People:
o Agricultural Adjustment Act (AAA): Raised crop prices by lowering production. The government paid farmers to leave a certain amount of every acre of land unseeded.
o Civil Works Administration (CWA): Provided public works jobs at 15 dollars a week for four million workers in 1934.
o Civilian Conservation Corporation (CCC): Put men, ages 18-25, to work building roads, developing parks, planting trees, helping in soil erosion, and helping with flood-control projects. They were paid $30 a month and $25 was sent home to the worker’s family. The men were supplied with free food and uniforms. It is still in effect today.
o Emergency Banking Relief Act: After initiating the Bank Holiday, Roosevelt persuaded Congress to pass this Act in order to have government officials inspect the nation’s banks. This also aided in providing American citizens with more confidence; they figured if their banks were still open, then they had been inspected, and were therefore worth keeping their money in.
o Emergency Relief Appropriation Act: Allowed for billions of citizens to receive immediate relief and employment on extra projects for the government.
o Farm Credit Administration: This provided loans to farmers according to their production.
o Federal Deposit Insurance Company (FDIC): Insured individual accounts of less than $5,000. It prevents people from losing their money if their bank goes under. Today it is $10,000.
o Federal Emergency Relief Act (FERA): Distributed direct relief to unemployed.
o Federal Housing Administration (FHA): Furnished loans for home mortgages so that people would loose their homes. It is still in effect today.
o Fair Labor Standards Act: a part of the early New Deal by Roosevelt which provided workers with minimum wage, and discontinued child labor.
o Glass-Steagall Banking Act: Reorganized the banking system and established the FDIC.
o National Recovery Administration (NRA): Set prices on many products to ensure fair competition, and established standards concerning work hours and a ban on child labor.
o National Youth Administration (NYA): Provided part time employment to more than two million college and high school students.
o Public Works Administration (PWA): Received 3.3 billion dollars appropriation from Congress for public works projects.
o Rural Electrification Administration (REA): Encouraged farmers to join cooperatives to bring electricity to farms. Despite its efforts, by 1940 only 40 percent of American farms electrified
o Securities and Exchange Commission: This commission was first established to standardize stocks, bonds, and further securities, however after the Stock Market Crash, it began to need reform itself. These rules issues and trades of securities became insignificant, allowing an amount of fraudulent behavior. These problems also led to powerful men taking advantage of the free exchange that tried to have been rid of.
o Social Security Act: In response to critics, it provided pensions, unemployment insurance, and aid to blind, deaf, disabled, and dependent children.
o Tennessee Valley Authority (TVA): Renovated 5 existing dams, constructed 20 new ones in the Tennessee Valley, created thousands of jobs, and provided flood control and hydroelectric power. It is still in effect today.
o Wagner Act (NLRB): Allowed workers to join unions and outlawed union busting tactics by management.
o Works Progress Administration (WPA): Employed 8.5 million workers in construction and other jobs, but more importantly provided work in arts, theater, and literary projects.