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Roosevelt elected for President
FIRST NEW DEAL -
Economy Bill
Was passed by congress slashing government spending by cutting $500 million in schedule payments to veterans and federal employees. FIRST NEW DEAL -
"First Fireside Chat"
Roosevelt goes on the radio reassuring the country that its banks are now safe. FIRST NEW DEAL -
Federal Emergency Relief Act
Gave immediate help to those that needed it in the form of cash payments. (Relief) FIRST NEW DEAL -
Agricultural Adjustment Act
Taxed food processors and gave the money directly to farmers as a payment for not growing food. This decreased supply so price would go up.(Recovery) FIRST NEW DEAL -
Tennessee Valley Authority
Created to build dams to provide stable irrigation and cheap hydroelectric power. (Recovery) FIRST NEW DEAL -
Federal Securities Act
Required full disclosure of information related to new stock issues. FIRST NEW DEAL -
National Industrial Recovery Act
A consortium of businesses organized by the government and given the power to set rules and regulations for the economy.(Recovery) FIRST NEW DEAL -
Securities & Exchange Commission
Permanent Agency set up to monitor stock market activity and ensure that no fraud or insider trading was taking place. (Reform) FIRST NEW DEAL -
Indian Reorganizaion Act
SECOND NEW DEAL -
Works Progress Administration
Provided long term government jobs building schools and other public works projects. (recovery) SECOND NEW DEAL -
National Labor Relations Act
Otherwise known as the Wagner Act it helped unions and thus helped workers. Which enforced labor law and made sure that fair business practices where upheld. (Reform) SECOND NEW DEAL -
Social Security Act
Permanent agency designed to ensure that the older segment of society always would have enough money to survive. The key here is that they would then also be able to spend throughout their lives. (Reform) SECOND NEW DEAL -
Soil Conservation Act
Laws mandating proper soil maintenance to make sure that another dust bowl was avoided. (Reform) SECOND NEW DEAL -
Housing authority
SECOND NEW DEAL -
2nd Agricultural Adjustment Act
Taxed food processors and gave the money directly to farmers as a payment for not growing food. (Recovery) SECOND NEW DEAL
