deal legislation - New Deal Legislation...

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New Deal Legislation 1932 Reconstruction Finance Corporation Granted emergency loans to banks, life insurance companies, and railroads 1933 Federal Emergency Relief Association (FERA) 500 million in state grants (not loans) to be used for work relief projects 1933 Civilian Conservation Corps (CCC) Employed young in reforestation, road construction, and flood control projects Agricultural Adjustment Act (AAA) Established parity prices Direct payments to farmers to reduce production Tennessee Valley Authority (TVA) Creates independent public corporation to construct dams and power projects National Industrial Recovery Act Establishes fair-competition codes; section 7a guarantees labor's right to organize Works Public Administration (WPA) 1934 Federal Housing Administration (FHA) Insured home loans 1935 Works Progress Administration (WPA) Expanded on what began in 1933 Employed 8 million on public works projects Social Security Act Established unemployment compensation and old age insurance National Labor Relations Act (Wagner Act) Creates National Labor Relations Board to prevent unfair labor practices 1937 National Housing Act Authorizes low rent public housing projects 1938 Fair Labor Standards Act Established minimum wage of 40 cents an hour and a 40 hour workweek
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NEW DEAL LEGISLATION AND ORGANIZATIONS UNDER PRESIDENT FRANKLIN D. ROOSEVELT Civilian Conservation Corps (CCC) – 1933 Established as an unemployment relief effort. Provided work for jobless young men in protecting and conserving the nation’s natural resources. Road construction, national park improvements. CCC workers received room and board and $30 a month (of which $25 had to be sent home to workers) Federal Emergency Relief Administration (FERA) – 1933 Congress gave this administrative body $500 million. Half the money went as direct relief to states. The rest distributed: $1 for every $3 the state supplied.
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This note was uploaded on 04/04/2011 for the course HIST 1302 taught by Professor Jeffreyschulze during the Spring '08 term at University of Texas at Dallas, Richardson.

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