The First New Deal 1933 1935 First 100

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The First New Deal 1933 -1935 First 100 days – over 10 pieces of

The First New Deal 1933 -1935 First 100 days – over 10 pieces of legislation passed.

EBRA Emergency Banking Relief Act • Banks were inspected under this act by the

EBRA Emergency Banking Relief Act • Banks were inspected under this act by the Treasury Department and those that were stable could reopen.

CCC Civilian Conservation Corps • The most popular New Deal “make work” programs. Hired

CCC Civilian Conservation Corps • The most popular New Deal “make work” programs. Hired young men aged 1825 to work on conservation projects.

FERA Federal Emergency Relief Agency • Federal money was given to states for direct

FERA Federal Emergency Relief Agency • Federal money was given to states for direct relief for the people.

AAA Agricultural Adjustment Act • Limited farm surplus by limiting production. • Set up

AAA Agricultural Adjustment Act • Limited farm surplus by limiting production. • Set up banks to lend money at low interest rates. • (Struck down by the Supreme Court as unconstitutional because of a provision in it)

FDIC Federal Deposit Insurance Corporation • Insured bank deposits.

FDIC Federal Deposit Insurance Corporation • Insured bank deposits.

TVA Tennessee Valley Authority • Developed the resources of the TN Valley and built

TVA Tennessee Valley Authority • Developed the resources of the TN Valley and built a series of dams on the river.

HOLC Home Owners Loan Corporation • Provided mortgage loans at low interest to non-farm

HOLC Home Owners Loan Corporation • Provided mortgage loans at low interest to non-farm homes who could make their mortgage payments.

CWA, PWA, and WPA Civil Works Administration, Public Works Administration, and Works Progress Administration

CWA, PWA, and WPA Civil Works Administration, Public Works Administration, and Works Progress Administration • CWA – “Make” work for the unemployed. (1933) • PWA – Established public works projects to provide employment and increase business activity. (1933) • WPA – (2 nd New Deal) – 1935 – Provided for large-scale national work programs.

SEC Securities and Exchange Commission • Supervised the stock market and eliminated dishonest practices

SEC Securities and Exchange Commission • Supervised the stock market and eliminated dishonest practices such as insider trading practices. • Insider trading means having information that all stockholders don’t have and acting on that information.

FHA Federal Housing Authority • Assured bank loans for construction and repair of rundown

FHA Federal Housing Authority • Assured bank loans for construction and repair of rundown homes.

Second New Deal Programs 1935 - 1938

Second New Deal Programs 1935 - 1938

REA Rural Electrification Administra -tion • Provided affordable electricity for isolated rural areas.

REA Rural Electrification Administra -tion • Provided affordable electricity for isolated rural areas.

NYA National Youth Administra tion • Provided job training for unemployed youth and part-time

NYA National Youth Administra tion • Provided job training for unemployed youth and part-time jobs for needy in schools and colleges.

NLRB National Labor Relations Board • Established by the National Labor Relations Act –

NLRB National Labor Relations Board • Established by the National Labor Relations Act – aka The Wagner Act – established to settle employer-employee differences and guarantee the right of labor to collectively bargain with management – outlawed blacklists.

SSA Social Security Act • Provided a pension for retired workers and their spouses

SSA Social Security Act • Provided a pension for retired workers and their spouses and aided people with disabilities.

FLSA Fair Labor Standards Act • Established a minimum wage and a maximum number

FLSA Fair Labor Standards Act • Established a minimum wage and a maximum number of hours in the work week for the entire country. Set rules for the employment of workers under 16.