-
Emergency Banking Relief Act (EBRA)
As the first act passed by FDR, this act helped the small banks that had closed. The bigger banks would loan money to smaller banks to reassure people using the banks that their money is safe. Roosevelt passed this act to get money circulating again as well as to acquire citizens trusts back in the banks. -
Civilian Conservation Corps (CCC)
To provide jobs for young men, Roosevelt put this act into place. Participation in this was optional as a result of their strict, somewhat "military"-like rules. Some young men who were in the CCC went on to be soliders in World War II, along with many other jobs men took later on. About 9 years later when the CCC was abolished, more than 2 million men had served which made it one of history's most effective employment projects. -
Agricultural Adjustment Act (AAA)
The Agricultural adjustment act was created shortly after Roosevelt took office. The government needed farmers to produce less crops so this was their solution. The AAA controlled the supply of seven "basic crops" which were corn, wheat, cotton, rice, peanuts, tobacco, and milk by offering payments to farmers in return for farmers not planting those crops. -
Home Owners Loan Corporation (HOLC)
The HOLC was made to prevent foreclosure by refinancing homes. It usually just extended loans on houses, which were typically found to be somewhat short. This helped to stabalize the real estate market that had depriciated during the time of the great depression. One million people were saved from losing their houses during that time. -
Federal Housing Administration (FHA)
When the banks started failing during the great depression many people could not get loans or afford houses.Most loans were short term at this time but with the Federal Housing Administration it made loans long term so they were easoer to pay off over time. The FHA was a large source of mortagage payments at that time. -
Works Progress Administration (WPA)
Of all of Roosevelt's New Deal acts, the WPA is one of the most popular because it affected so many peoples' lives. Out of 10 million umemployed men in the U.S., 3 million were helped just by the WPA. Workers under the WPA created over than 650,000 miles of roads, 125,000 public buildings, 75,000 bridges, 8,000 parks, and 800 airports. In addition, the Works Progress Administration sponsered the National Youth Administration which went on the help out the youth during the great depression. -
Rural Electrification Administration (REA)
In the 1930's electirc companies all decided it was too expensive to run electric wires out in the country and in addition the farmers couldn't even afford it. Roosevelt thought that if the electric companies wouldn't bring electricity to farm houses then it was the governments job to do so with the Rural Electrification Administration. -
Social Security Administration
This act created a safety net for retirees, the disabled, and provides benefit to taxpayer dependents. Once the elderly retire their income stops but they still need a way to make money. This act solves that problem along with the problem of the disabled not being able to bring in money. -
Food, Drug, and Cosmetic Act (FDC)
This gave the authority to Food and Drug Administration to oversee that food, drugs, and cosmetics were made safely for consumers. Food was thoroughly inspected to ensure quality. They also made sure that all the labeling on these products was proper and true. -
Fair Labor Standards Act
The Fair Labor Standards Act was passed and changed the lives of workers forever. Out of all the programs passed, I think this one has made a huge impact on our lives now. This act banned child labor, set the minimum wage at 25 cents, and also set the maximum workweek at 44.1 hours. Although people thought that a 25 cent hourly wage too much, Roosevelt shut that down by saying executives make $1,000 a day and that giving $11 a day to their workers wouldn't hurt them.
