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The new deal was a series of programs initiated by the us government during the great depression. Various new deal programs, their acronyms, the year they were enacted, and their significance. The programs can be categorized into three groups: relief, recovery, and reform.
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Act or Program Acronym Year Enacted Significance Agricultural Adjustment Act
Protected farmers from price drops by providing crop subsidies to reduce production, educational programs to teach methods of preventing soil erosion. Civil Works Administration
Provided public works jobs at $15/week to four million workers in
Civilian Conservation Corps
Sent 250,000 young men to work camps to perform reforestation and conservation tasks. Removed surplus of workers from cities, provided healthy conditions for boys, provided money for families. Federal Emergency Relief Act
Distributed millions of dollars of direct aid to unemployed workers. Glass-Steagall Act FDIC 1933 Created federally insured bank deposits ($2500 per investor at first) to prevent bank failures. National Industrial Recovery Act
Created NRA to enforce codes of fair competition, minimum wages, and to permit collective bargaining of workers. Fair Labor Standards Act
Established the following – Federal minimum wage; overtime pay (time and a half) for wage earners working more than 40 hours a week. Also prohibited work by children under age of 14. Public Works Administration
Received $3.3 billion appropriation from Congress for public works projects. Rural Electrification Administration
Encouraged farmers to join cooperatives to bring electricity to farms. Despite its efforts, by 1940 only 40% of American farms were electrified. Securities and Exchange Commission SEC 1934 Regulated stock market and restricted margin buying. Social Security Act 1935 Response to critics (Dr. Townsend and Huey Long), it provided pensions, unemployment insurance, and aid to blind, deaf, disabled, and dependent children. Tennessee Valley Authority
Federal government build series of dams to prevent flooding and sell electricity. First public competition with private power industries Wagner Act NLRB 1935 Allowed workers to join unions and outlawed union-busting tactics by management. Works Progress Administration
Employed 8.5 million workers in construction and other jobs, but more importantly provided work in arts, theater, and literary projects.
Roosevelt's basic philosophy manifested itself in what became known as the three " R's " of relief, recovery and reform. “Relief” programs sought to alleviate the suffering of the poor and unemployed by giving them the jobs or assistance; “Recovery” programs were those that were intended to get the economy moving again and out of Depression; while “Reform” programs were intended to prevent such an economic disaster from happening again. Read the programs on the chart above, and place them in the appropriate column. Some programs will go in two or three columns.