By: Ashly Korby and Lexi Lyons
The Great Depression was the largest and biggest economic depression to make an impact on America. Because of the crash of the Stock Market on October 29, 1929. It had created the beginning of the Great Depression. When Herbert Hoover was president he felt that the government shouldn’t help people who are dealing with economic troubles. This changed when Franklin Roosevelt was elected as their president. He created help for the people through the New Deal to help the families and individuals that were greatly affected by the Depression. Let me explain the significance of the New Deal and why they created stability and change.
AAA (Agricultural Adjustment Act)
TVA (Tennessee Valley Authority)
CCC (Civilian Conservation Corp)
To defeat the combat of employment The Civilian Conservation Corps was created by Franklin D. Roosevelt. This created more relief for people by providing jobs for many Americans that were unemployed and suffering during the Great Depression. We are responsible for creating public jobs and make structures and also trails in parks across the United States.
CWA (Civil Works Administration)
The Civil Works Administration is very important for the poor families. It creates jobs for the unemployed. It focuses on high paying jobs in construction which resulted in a much greater expense to the federal government than originally anticipated. Without the help of the people it's possible we will shut down a year from now.
NRA (The National Recovery Act)
The National Recovery Act (NRA)
Was designed to bring the interests of working class Americans and business together. It was hope for their Economy to get better. It was then declared unconstitutional in landmark by The Supreme Court. They ruled the NRA. Then started to violate the separation of powers throughout the economy. Hopefully making things better through the nation.
WPA (Works Progress Administration)
In 1935 the Works Progress Administration was created. It was one of the the largest New Deal Agency, impacting many Americans. It also provided jobs across the nation for many people. Because of it, many hoeing were completed like, numerous roads, buildings, and other projects. Later It finally ended in 1943.
SSA (Social Security Act)
The purpose of the Social Security Act was to spread poverty among all senior citizens. The program has become very popular throughout the government programs and have current wage earners and their employers. In recent years concerns about the viability for continuing to fund as the Baby Boom generation reaches retirement.
FHA (Federal Housing Administration)
Was a government agency created to combat the housing crisis of the Great Depression. The number of unemployed workers combined with the banking crisis created a situation in which banks recalled loans. The FHA was designed to regulate mortgages and housing conditions.
Making sure that there are no surprises in their payments. And that there are no changes in payments that they weren't used to.