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Emergency Banking Relief Act (First New Deal)
Relief. Allowed banks to close to relive them from mass withdrawals. Declared a bank holiday as many people were very concerned about bank failures which led to bank runs. This slowed down the bank runs and slowed panic. -
Agricultural Adjustment Act (First New Deal)
Done to help farmers through destroying surpluses and limiting production to raise prices on food. It also helped arrange favorable mortgages for farmers. Recovery. -
Tennessee Valley Authority(First New Deal)
Reform. To provide economic development namely electricity and other power services to Tennessee and 6 surrounding states who’s rural areas were ignored or underserved. -
Homeowners Refinancing Act (First New Deal)
Relief. It was an emergency relief to alleviate homeowner debts and mortgages and to help with refinancing and amortization. -
Glass-Steagall Banking Reform Act (First New Deal)
Reform. This act separated investment banking and commercial banking to prevent another depression. It also created an agency to enforce these provisions. -
Soil Conservation Act (Second New Deal)
Reform. Made to prevent erosion and other soil degradation in order to never allow something like The Dust Bowl from happening again. Encourage crop rotation. -
Resettlement Administration Second New Deal)
To resettle poor families in urban or rural areas, administer projects addressing environmental problems and to make loans to farmers for land or equipment -
Works Progress Administration (Second New Deal)
Recovery. Created to construct infrastructure using the labor of the unemployed as well as supporting art and theatre works by buying their work and various other aid. -
Wagner Act (Second New Deal)
Reform. Made unionization of workers permanently legal as well as securing better labor and management relations by allowing for such things as self-organization of strikes. This greatly improved worker relations and made it easier for workers to get fair labor rights. -
Social Security Act (Second New Deal)
Reform. Created an old-age pension, unemployment benefits, aid to dependent children, maternal and child support and various other services. These services greatly reduced the impact of future recessions and gave many old people a way to retire.
