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FDR and the New Deal

FDR's programs

Civilian Conservation Corps (CCC) Employed young men to help the forestry service to plant trees, fight fires, etc.
Public Works Administration (PWA) Gave Billions to private contrators to hire the unemployed to build highways, bridges, dams, etc.
Emergency Banking Act Treasury Department issued licences only to banks they determined were financially sound
National Inducstrial Recovery Act (NIRA) Allowed business leaders to set up codes of fair competition
Federal Deposit Insurance Corporation (FDIC) Provided government insurance for deposits by private citizens.
Home Owners' Loan Corporation (HOLC) Bought mortgages of homeowners that were behind in their payments and restructured their payments.
Securities and Exchange Commission (SEC) Regulated the stock market to preven fraud
Works Progress Administration (WPA) Government spent over $11 Billion on highways, roads, parks, airports, etc., employing over 8.5 million
Social Security Act Included monthly retirement benefits at age 65 and unemployment insurance while looking for a new job
Agricultural Adjustment Administration (AAA) Paid farmers NOT to raise crops to stop overproduction and raise crop prices
Farm Credit Administration (FCA) helped millions of farmers refinance their land payments
Civil Works Administration (CWA) Govt. directly hired unemployed to build roads, schools, parks, etc. Over 4 million employed
Created by: britter