The New Deal: Relief, Recovery, Reform
Emergency Banking Relief Act governments buildings, and airports (recovery)
March 9, 1933 - -Allowed the government
to examine all banks and allow those that were
financially sound to open (recovery) Federal Deposit Insurance Corporation (FDIC)
June 16, 1933 - -Insured savings of bank
depositors and monitored soundness of insures
Civilian Conservation Corps (CCC) banking institutions (recovery)
March 31, 1933 - -Provided jobs and
relocation for young men (18-25) in building
parks, planting trees, building small dams, Civilian Works Administration (CWA)
draining swamps, assisting in flood control, etc. November 9, 1933 - -Provided money to
(relief) states to employ young men to build 225,000
miles of roads, 30,000 schools, and 3,700 playing
fields (recovery)
Federal Emergency Relief Administration (FERA)
May 12, 1933 - -Gave direct relief in the
form of money ($3 billion) to states and localities Securities and Exchange Commission (SEC)
for distribution to the needy (relief) June 6, 1934 - -Regulated the stock and
bond trading; regulated exchanges where stocks
and bongs were sold and legislated requirements
Agricultural Adjustment Act (AAA) for disclosure of fair stock information (reform)
May 12, 1933 - -Paid farmers to reduce the
amount of crops harvested, destroyed livestock,
and to not farm in order to reduce surplus of Federal Housing Act (FHA)
goods and raise prices due to the scarcity of the June 28, 1934 - -Provided bank loans to
products (relief) help repair, rebuild, and insure older homes
(reform)
Tennessee Valley Act
May 18, 1933 - -Brought electricity to rural Works Progress Administration (WPA)
areas that could not afford electric power lines 1935 - -Employed people to do artistic,
(reform) public works, and research projects by setting
aside $300 million to create Federal Project
Number One (relief)
Homeowners' Loan Corporation (HOLC)
June 13, 1933 - -Loaned money to
homeowners to help them refinance their National Youth Administration (NYA)
mortgages and avoid losing their property 1935 - -Provided job training and work for
through bank foreclosures (recovery) people ages 16-25; provided part-time jobs for
needy students (relief)
Public Works Administration (PWA)
June 16, 1933 - -Made loans to private Wagner Act
industries to build public works such as dams, July 5, 1935 - -Created the NLRB and
ports, bridges, sewage plants, hospitals, reaffirmed laborers' rights to bargain for wages,
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Emergency Banking Relief Act governments buildings, and airports (recovery)
March 9, 1933 - -Allowed the government
to examine all banks and allow those that were
financially sound to open (recovery) Federal Deposit Insurance Corporation (FDIC)
June 16, 1933 - -Insured savings of bank
depositors and monitored soundness of insures
Civilian Conservation Corps (CCC) banking institutions (recovery)
March 31, 1933 - -Provided jobs and
relocation for young men (18-25) in building
parks, planting trees, building small dams, Civilian Works Administration (CWA)
draining swamps, assisting in flood control, etc. November 9, 1933 - -Provided money to
(relief) states to employ young men to build 225,000
miles of roads, 30,000 schools, and 3,700 playing
fields (recovery)
Federal Emergency Relief Administration (FERA)
May 12, 1933 - -Gave direct relief in the
form of money ($3 billion) to states and localities Securities and Exchange Commission (SEC)
for distribution to the needy (relief) June 6, 1934 - -Regulated the stock and
bond trading; regulated exchanges where stocks
and bongs were sold and legislated requirements
Agricultural Adjustment Act (AAA) for disclosure of fair stock information (reform)
May 12, 1933 - -Paid farmers to reduce the
amount of crops harvested, destroyed livestock,
and to not farm in order to reduce surplus of Federal Housing Act (FHA)
goods and raise prices due to the scarcity of the June 28, 1934 - -Provided bank loans to
products (relief) help repair, rebuild, and insure older homes
(reform)
Tennessee Valley Act
May 18, 1933 - -Brought electricity to rural Works Progress Administration (WPA)
areas that could not afford electric power lines 1935 - -Employed people to do artistic,
(reform) public works, and research projects by setting
aside $300 million to create Federal Project
Number One (relief)
Homeowners' Loan Corporation (HOLC)
June 13, 1933 - -Loaned money to
homeowners to help them refinance their National Youth Administration (NYA)
mortgages and avoid losing their property 1935 - -Provided job training and work for
through bank foreclosures (recovery) people ages 16-25; provided part-time jobs for
needy students (relief)
Public Works Administration (PWA)
June 16, 1933 - -Made loans to private Wagner Act
industries to build public works such as dams, July 5, 1935 - -Created the NLRB and
ports, bridges, sewage plants, hospitals, reaffirmed laborers' rights to bargain for wages,
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