New Deal - Agriculture Crop subsidies government...

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New Deal
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Economic distress during Hoover Presidency GNP declined from $104 billion in 1929 to $74 billion in 1933 Bank failures: 1350 in 1930; 2293 in 1931; 1453 in 1932; nearly 4000 in 1933 Unemployment rose from 3% in 1929 to 25% in 1933
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New Deal Accomplishments First hundred days 1) Banking. Bank holiday, federal deposit insurance, federal inspection of banks. 2)
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Unformatted text preview: Agriculture. Crop subsidies, government supervision of marketing agreements, land retirement. 3) Public works. Creation of jobs. Civilian Conservation Corps (work for young men in Park service, etc.). Civil Works Administration 3) Special projects. Tennessee Valley Authority. Dams and hydroelectric plants. 4) National Recovery Act. Wage and price controls....
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