new deal
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Civilian Conservation Corps (CCC)
• The CCC gave relief to young, unmarried men by giving them jobs on conservation projects
Works Progress Administration (WPA)
• The WPA provided an opportunity for relief for the unemployed by creating jobs in construction and by funding artists and musicians
Public Works Administration (PWA)
• The PWA was part of the National Industrial Recovery Act, which was responsible for launching projects and public works programs
National Recovery Administration (NRA)
• The NRA tried to help the nation’s economy recover by setting up fair business and labor practices; criticism and complications soon followed
Federal Deposit Insurance Corporation (FDIC)
• The FDIC brought reform to banks by insuring the bank deposits up to $5,000
Agricultural Adjustment Administration (AAA)
• The AAA brought recovery to farmers by using subsidies to lower farm production and raise crop prices
National Labor Relations Board (NLRB)
• The NLRB helped to reform business practices by creating a minimum wage and instituting collective bargaining
Securities and Exchange Commission (SEC)
• The SEC began to regulate and reform the stock market by protecting investors from fraudulent or dishonest trading practices
Social Security Administration (SSA)
• The SSA brought reform to the country by providing pensions, disability payments, and unemployment benefits
Tennessee Valley Authority (TVA)
• The TVA brought recovery to the South by creating jobs and reactivating a hydroelectric power plant to provide cheap power
Important New Deal Facts• There were actually TWO New Deals:
–First New Deal (‘33)
–Second New Deal (‘35)
• Response to critics who said FDR alienated ordinary Americans
• Second New Deal included more social welfare benefits, more business controls, and stronger support for unions