The document provides information on several New Deal agencies and acts established by the US government during the Great Depression, including their purpose and date implemented. The acts aimed to provide relief, reform, and recovery from the economic crisis through various means such as stabilizing agriculture prices (AAA), employing unemployed youth (CCC), public works jobs (CWA), regulating banks (EBA), insuring bank deposits (FDIC), relief funding (FERA), aiding homeowners (HOLC), protecting unions (NLRA), industry codes (NRA), and stock market regulation (SEC). Many of these agencies and acts were created in 1933-1935 during Franklin D. Roosevelt's first term as President.
The document provides information on several New Deal agencies and acts established by the US government during the Great Depression, including their purpose and date implemented. The acts aimed to provide relief, reform, and recovery from the economic crisis through various means such as stabilizing agriculture prices (AAA), employing unemployed youth (CCC), public works jobs (CWA), regulating banks (EBA), insuring bank deposits (FDIC), relief funding (FERA), aiding homeowners (HOLC), protecting unions (NLRA), industry codes (NRA), and stock market regulation (SEC). Many of these agencies and acts were created in 1933-1935 during Franklin D. Roosevelt's first term as President.
The document provides information on several New Deal agencies and acts established by the US government during the Great Depression, including their purpose and date implemented. The acts aimed to provide relief, reform, and recovery from the economic crisis through various means such as stabilizing agriculture prices (AAA), employing unemployed youth (CCC), public works jobs (CWA), regulating banks (EBA), insuring bank deposits (FDIC), relief funding (FERA), aiding homeowners (HOLC), protecting unions (NLRA), industry codes (NRA), and stock market regulation (SEC). Many of these agencies and acts were created in 1933-1935 during Franklin D. Roosevelt's first term as President.
The Alphabet agencies and acts note taking worksheet
Full Name RRR Purpose and Date Implemented
Date Implemented: May 12, 1933
The AAA tried to help farmers by controlling farm production and stabilising prices. This paid farmers for not Agricultural planting crops in order to reduce surpluses, increase demand for seven designated major farms, and raise AAA Recovery Adjustment Act prices. Farm income rose, but many share-croppers became unemployed. It was an attempt to end the falling agricultural prices that had crippled American farmers. However, in 1936 the Supreme Court voided the AAA, as it was deemed unconstitutional.
Date Implemented: April 5, 1933
The CCC was created in 1933 and lasted for ten years, It was also known as Roosevelts Tree Army,. It was open to unemployed, unmarried U.S. male citizens between the ages of 18 and 26. and all had to be healthy and were expected to perform hard physical labor. Its function was the conservation of resources, achieved by working on environmental projects such as planting trees, building roads and parks, and Civilian Conservation fighting soil erosion on federal lands, and they even fought forest fires, re-seeded grazing lands and built CCC Relief Corps wildlife refuges. Enlistment in the program was for a minimum of 6 months; but many re-enlisted after their first term. Participants were paid $30 a month and often given supplemental basic education while they served. This stimulated the economy seeing as these workers would send the money back home Of Roosevelts New Deal policies, the CCC is considered to be one of the most successful. In 1942, Congress stopped the CCC, seeing as the funds and young men who were currently participating were needed to attempt to win the world war.
Date Implemented: November 9, 1933
The CWA employed four million people who were paid an average of $15 a week. It was created to prevent another depression happening, because of the job creation and lower rate of unemployment. The men Civil Works employed took part in many useful construction jobs such as repairing schools, laying sewer pipes and CWA Relief Administration building roads. Some CWA jobs, however, were criticised as useless such as leaf raking. Generally, this program contributed to the morale and self-esteem of millions of displaced people by providing them with steady employment however Roosevelt disbanded it after less than a year because it was so expensive to run.
Date Implemented: March 9, 1933
The EBA (or EBRA) aimed to address banking crisis by authorising the federal government to regulate and control aspects of the banking system.The Act permitted the temporary closure of banks, called the National Emergency Banking EBA Relief Bank Holiday, which allowed examiners to determine which banks were strong and those that were weak Act and should be closed. It prevented massive withdrawals from banks during the period of economic reform during the Great Depression that the United States was going through. Provisions were made to reorganise the banks, provide long term investment funds and also rescue failing banks with loans. Full Name RRR Purpose and Date Implemented
Date Implemented: June 16, 1933
The FDIC was formed as an independent federal agency created to promote public confidence and stability Federal Deposit in the nation's banking system during the Great Depression and encourage savings. It was created by the FDIC Insurance Reform Glass-Steagall Act, also known as the Banking Act of 1933, as a way to restore confidence in the banks Corporation following the banking crisis during the Great Depression. The FDIC was successful because people no longer feared that all their money would be lost in a bank failure, since it insured depositors against the loss of up to $5,000 of their deposits if their bank should fail. The FDIC is still in existence.
Date Implemented: May 22, 1933
FERA was a federal government relief agency that was created by congress to provide assistance and support to nearly 5 million households each month.President Franklin D. Roosevelt appointed Harry L. Federal Emergency Hopkins as director of FERA which was given a fund of $500 million to help those in need.This agency FERA Relief Relief Administration funded thousands of work projects for the unemployed, it also provided vaccinations and literacy classes, gave clothing grants and set up soup kitchens for the poor and also established the CWA. In general, FERA distributed about $3 billion in relief to 20 million families, 16% of the population, until itwas taken over by the Social Security Board in 1935.
Date Implemented: June 31, 1933
The HOLC was formed due to the millions of people losing their homes because of the huge amount of Home Owners Loan unemployment and wage reductions from the Great Depression. Many borrowers were unable to meet HOLC Relief Corporation mortgage payments resulting in homelessness. The Home Owners Loan Act aimed to provide emergency relief to lower mortgages, to help stabilise real estate that had devaluated and provide to relief for troubled mortgage lenders. It was active until 1951.
Date Implemented: July 6, 1935
The NLRA was also called the Wagner Act and it was created to protect the rights of organized labor. The National Labor NLRA Reform law guaranteed workers the right to organise Unions and to bargain collectively. The National Labor Relations Act Relations Board was set up under the National Labor Relations Act to enforce the act and guarantee workers' rights to organise and to prevent unfair labor practices.
Date Implemented: June 16, 1933
The NRA was created to promote economic recovery. It temporarily restored investor confidence and consumer morale, but it failed to stimulate industrial production.The purpose of the law was to address the National Recovery NRA Recovery crisis in industry by allowing the government, businesses and labor to work together in setting up new, Administration voluntary business codes, quotas and fair rules. The codes addressed many issues including working hours, productivity, minimum wages, union membership and setting prices. The NRA failed to meet many goals and was declared unconstitutional in 1935 by the Supreme Court. Full Name RRR Purpose and Date Implemented
Date Implemented: June 6, 1934
The SEC was created primarily to restore the stability of the stock market after the crash and to prevent Securities Exchange corporate abuses relating to the offering and sale of securities. The agency was created to protect public SEC Reform Commission and private investors from stock market fraud, deception and manipulation on Wall Street. It was established as an independent government agency to enforce federal securities laws to regulate the Stock Market and to prevent fraud. The SEC is still in existence.
Date Implemented: August 14, 1935
The SSA was founded to administer a national pension fund for retired people, an unemployment insurance Social Security system, benefits for victims of industrial accidents and assistance programs for dependent mothers, SSA Reform Administration children, and the physically disabled. FDR wanted an agency that would provide security against any hazards of life for unemployed workers and elders through social insurance. IThe SSA is still in existence as one the US most important and expensive domestic program.
Date Implemented: May 18, 1933
The purpose of the TVA was to enable the development and distribution of cheap hydroelectric power into rural areas that were not served by private utilities. Created for the purpose of developing the Tennessee Tennessee Valley River watershed, this agency improved the region by building 16 dams to control flooding, generate TVA Reform Authority hydraulic power, increase agricultural production and generally modernising the area. This agency also provided jobs, low-cost housing, reforestation, and many other conservation-related services to the region. Also, this project improved the economic and social lives of rural people and brought hydro-electric power to seven states in the Tennessee Valley, which was one of the worst affected areas of the country.
Date Implemented: May 6, 1935
The WPA was established under the $4.8 billion Emergency Relief Appropriation Act of 1935. It employed at least 8.5 million people at an average of $2 a day. They built thousands of roads, bridges, schools, post Work Progress offices and other public construction projects. It was one of the largest and most comprehensive New Deal WPA Relief Administration agency, affecting every American locality. In total, the WPA built 650,000 miles of roads, 78,000 bridges, 125,000 buildings, and 700 miles of airport runways. Under the arts program, many artists, photographers, writers, and actors became government employees, working on a lot of public projects ranging from painting murals to writing national park guidebooks.