THE NEW DEAL
The Path to Recovery
What, exactly, is the New Deal?
Work Relief
CCC
The CCC was one of the new deal programs initiated in the first one hundred days of Franklin D. Roosevelt’s presidential administration.The program was designed to relieve the economic and humanitarian distress caused by the onset of the Great Depression in 1929. In the early 1930’s large numbers of young men roamed the cities and countryside looking for work. Roosevelt administration feared that without jobs and training a whole generation of young men would be unprepared to assume the financial responsibilities of home and family. Life in CCC camps would also rehabilitate young men who were not only jobless, but suffered from a lack of physical and spiritual nourishment.The CCC had a dual purpose.Roosevelt also envisioned that the agency would provide necessary labor for various conservation projects designed to revitalize overworked agricultural land, reverse soil erosion, and implement reforestation. He was particularly enthused about using CCC labor, in conjunction with the National Park Service NPS to develop national and state parks that would be accessible to all Americans.
TVA
The Tennessee valley Authority is the nation’s largest public power provider and a corporation of the U.S. Govt. TVA was established by congress in 1933 to address a wide range environmental economic and technology issues including the delivery of the low-cost electricity and the management of the natural resources. TVA’s power service territory includes most of Tennessee and parts of Alabama georgia kentucky mississippi north carolina and virginia covering 80,000 square miles and serving more than 9 million people.TVA sells electricity to 155 power distributor customers and 56 directly served industries and federal facilities.Initially federal appropriations funded all TVA operations. Appropriations for the TVA power program ended in 1959 and appropriations for TVA’s environmental stewardship and economic development activities were phased out by 1999.
PWA
The Public works was a new deal agency in the united states headed by secretary of the interior Harold L. Lckes.It was created by national industrial recovery act in june 1933 in response to the great depression. It concentrated on the construction of large- scale public works such as dams and bridges with the goal of providing employment stabilizing purchasing power and contributing to a revival of American industry. Most of the spending came in two waves 1933- 35 and again in 1938. The PWA was closed down in 1939. The PWA spent over 6 billion dollars and it’s defenders claim helped to push industry back toward pre depression levels. It lowered unemployment and created an infrastructure.That generated local pride in the 1930’s and remains vital seven decades later.
SEC
The creation of the SEC was met by suspicion from both the left and the right and Kennedy's appointment was even more controversial. But taking the New Deal for what its designers intended it to be an effort to reform capitalism in order to save it Joseph Kennedy's SEC was arguably the best agency of the first New Deal.The National Recovery Administration a monumental effort to spur recovery through cooperation started with much fanfare and disappointed everyone. Some in the Roosevelt administration were even relieved when the Schechter decision terminated it.Tennessee Valley Authority accomplished much but was riven by conflict between planners and free marketeers. The Agricultural Adjustment Administration was early captured by reformers who were at odds with their own constituency and overwhelmed by the agriculture crisis. The Public Works Administration provided some badly needed jobs but did little to spur recovery.
FERA
FERA's main goal was alleviating household unemployment by creating new unskilled jobs in local and state government. FERA provided work for over 20 million people along with facilities and other local jobs across the country.
AAA
The purpose of this act was to help farmers by reducing production crops and raising farm prices and farmers were given benefit payments in return for limiting acreage given to staple crops. This benefits the farmers to yield staple crops. They would also be allowed to planting soil-building crops instead of staple crops.
NRA
The National Recovery Act was designed to bring attention of the working class Americans and business together. This Act was passed to keep the economy balanced. This was later declared unconstitutional in the Supreme Court case Schechter Poultry Corp. v. US. It violated the separation of powers.
FDIC
The Federal Deposit Insurance Corporation (FDIC) is a corporation created by Congress as a part of the New Deal in order to insure bank deposits in case of a bank failure and to regulate certain banking practices. The FDIC had become a permanent government agency through the Banking Act of 1935. Just like what most of the other organizations did for the economy, the FDIC stabilized the trust in the banks from American citizens. Americans no longer had to bear the thought in mind that they would lose all their savings in a bank if it failed. The Government had even sent inspectors to check the banks of the US. The inspectors, in turn, found out that many banks were well, and after most banks reopened their business, deposits of money in the bank had actually become more frequent than withdrawals.
CCC
People work to build a small reservoir in the Midwest.
CCC
People work to build a dam.
WPA
Poster used to get people to sign up for the program.