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Bruh where us the economy1. Identify the major purpose of each of the agencies created by the act of Congress.2. Categorize New Deal reforms according to a common scheme by labeling each as Relief, Recovery or Reform. In other words, did the measure bring immediate assistance to those in dire need (Relief), help to restore the economy to health (Recovery), or aim to prevent a similar disastrous depression in the future (Reform)?3. Devise at least two additional schemes for categorizing the New Deal programs. Be prepared to justify your classifications.New Deal= economic programNew Deal AgenciesDate of CreationPurposeSchemeEmergency BankingRelief Act1933-permitted banks to reopen of a Treasury Department inspection showed that they had sufficient cash reserves -RecoveryCivilian ConservationCorps(CCC)1933Federal relief program that provided jobs to million of unemployed young men who built thousands of bridges, roads, trails, and other structures in state and national parks- bolstering the national infrastructure Federal EmergencyRelief Admin.(FERA)1933Provides federal funds for state relief programs
Agricultural AdjustmentAct(AAA)1933New deal legislation aimed at cutting farming production to raise crop prices and farmer’s income Hoover’s Agricultiral and marketing actTennessee ValleyAuthority(TVA)1933Rebuilt the environment, built dams, made hydroelectric power for the areaHome Owner’sRefinancing Act(HOLC)1934Created to refinance home mortgages- people can retain their homes now Similar to Hoover’s federal home loan actNational IndustrialRecovery Act(NIRA)1933US labor law and consumer law passed by the US Congress to authorize the President to regulate industryfor fair wages and prices thatwould stimulate economic recovery.New Deal AgenciesDate of CreationPurposeSchemePublic WorksAdministration(PWA)1933Construction program designed to put people back into work Built Boulder Dam- aka Hoover Dam- andGrand Coulee Dam -focuses on bigger worksHospitals, tunnels, large big boi thicccc bridges, aircraft carriers - big boi works -artists: captured great depression in photos ummmmmmgOoD jOB
jJepHERsssONnn i dont know the names ahhhhHHHHHhhhhGlass-Steagall BankingReform Act(FDIC)1933-separate commercial banking from investment banking and created the federal deposit insurance corporationCivil WorksAdmin.(CWA)1933Give the unemployed jobs in the winter of1933-1934-also helped build more roads and schoolsSecurities andExchange Commission(SEC)1934New deal program that provided reparations in the stock market, protectedpeople from fraud in investments in stocks Which act i forgetResettlementAdmin.1935It relocated struggling urban and rural families to communities planned by the federal governmentWorks ProgressAdmin.