New Deal

By idacastro96

  • Black Tuesday

    Most catastrophic day in history. Stock prices collapsed, companies got bankrupted, banks failed, and unemployment rised. Thus, marked the beginning of The Great Depression.

  • Smoot- Hawley Tariff

    Raised import duties to protect American businesses and farmers, adding strain to the international economic climate of the Great Depression. The act is named after the chief sponsors, Sen. Reed Smoot of Utah and Rep. Willis Hawley of Oregon. This was also the last legislation under which the US Congress set actual tariff rates.

  • National Recovery Administration

    Established to stimulate business recovery through fair- practice codes during the Great Depression.

  • Bank Holiday

    Bank Holiday begins. Banking transactions were suspended across the country. With the famous "Fireside Chats", the President communicated to Americans the system of the banks, encouraged to deposit money in banks, and assured them the bank crisis was coming to an end.

  • Emergency Banking Act

    This act was passed during the Bank Holiday. It authorized government to strenghten, reorganize, and reopen solvent banks. It passed in the House after only 38 mins of debate and in the senate by 73-7 votes.

  • Bank Holiday Ends

    Bank Holiday ends, resulting in the opening of banks. On March 13, deposits exceeded withdrawals in the first reopened banks. Raymond Moley stated "Capitalism was saved in 8 days".

  • Civilian Conservation Corps

    One of the New Deal programs that began in the first 100 days of President Roosevelt's administration. The program was designed to help relieve citizens of economic and humanitarion stress set by the Great Depression.

  • Agricultural Adjustment Act

    One of the New Deal "Alphabet SoupAgencies" created by President Roosevelt. The program was designed to restore agricultural prosperity by reducing farm production in extent or quantity, reducing export surpluses, and raising prices. The goal was to give farmers the prices before WW1

  • Works Progress Administration (WPA)

    The WPA was another of President Franklin's "Alphabet Soup" Agencies. The administration was a work program for the unemployed victims of the Great Depression.

  • Rural Electrification Administration

    Electricity did not stretch beyond the city or town boundaries. Yet, on May 11, 1935, President Roosevelt creat this agency to provide loans to farmers wanting electrical power.

  • Social Security Act

    A permanent national elderly pension system using employwe rand employee contributions, yet the system later extended to other groups. 5 million elderly people in the early 1930's joined nationwide in response to the economic impact of the Great Depression.

  • Agricultural Adjustment Act Ends

    The Supreme Court ruled in United States v. Butler that the AAA was unconstitutional, violating the 10th amendment. Justice Owen Roberts stated that regulating agriculture was for the states- not the federal government. Yet, Congress restored some fo the act's sections. During WWII the AAA increased production to meet war needs.

  • John Steinback "The Grapes of Wrath"

    Setting the story during the Great Depression, the author Jon Steinbeck traces the migration of an Oklahoma "Dust Bowl" family to California and their hardships as migrant farm workers. The book won a Pulitzer Prize in 1940 and publicized the injustices of migrant labor.

  • World War II

    Japan suprisingly attacked the U.S. naval base at Pearl Harbor on Oahu Island, Hawaii.Because of this attack, the U.S. entered WW II and the war effot started American industry again, ending the Great Depression.