New Deal Programs 1933 15 Million Americans Unemployed

New Deal Programs 1933 – 15 Million Americans Unemployed

FIRST HUNDRED DAYS:

EMERGENCY BANKING RELIEF ACT • Gave the federal govt. the right to regulate banks and rushed money to reopened banks (after the bank holiday ordered by FDR)

RELIEF FOR THE HOMELESS

FERA • FEDERAL EMERGENCY RELIEF ADMINISTRATION • Provided federal money for relief projects to the roughly 13 million unemployed

HOLC • HOME OWNERS LOAN CORPORATION • Provided home owners with low cost loans

PWA • PUBLIC WORKS ADMIN. • Created jobs by having people build highways, bridges & other public works

AAA • AGRICULTURAL ADJUSTMENT ADMIN. • Regulated farm production and promoted soil conservation (provided subsidies to farmers to produce less to get prices to go up)

FCA • FARM CREDIT ADMINISTRATION • Provided low cost farm loans

TVA • TENNESSEE VALLEY AUTHORITY • Planned development of the Tennessee Valley region – created jobs, built 40 dams, provided electricity, and controlled flooding

CCC • CIVILIAN CONSERVATION CORPS • Hired young men to plant trees, build dams, construct parks, and work on other conservation projects

FDIC • FEDERAL DEPOSIT INSURANCE CORP. • Protected the money of depositors in insured banks (up to $100, 000)

NRA • NATIONAL RECOVERY ADMIN. • Regulated industry & raised wages & prices

SECOND NEW DEAL:

WPA • WORKS PROGRESS ADMINISTRATION • Established large scale national works programs to create jobs

REA • RURAL ELECTRIFICATION ADMINISTRATION • Brought electricity to rural area – created jobs

NYA • NATIONAL YOUTH ADMINISTRATION • Set up job programs for young people & helped them continue their education

NLRB (part of the National Labor Relations Act or Wagner Act) • NATIONAL LABOR RELATIONS BOARD • Oversaw labor unions and investigated disputes between management and labor • Allowed workers to join unions and allowed collective bargaining

SSA • SOCIAL SECURITY ADMINISTRATION • Provided workers with unemployment insurance & retirement benefits