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New Deal

FDR: The New Deal's 3 R's

TermDefinition
The 3 goals of FDR's economic plan Relief, Recovery and Reform
Bank Holiday (Relief) Banking transactions were suspended except for making change for 5 days.
Emergency Banking Relief Act (Relief) Designed to repair the American system of banking. Only individual banks reopened after the Bank Holiday if they were stable.
Federal Emergency Relief Act (FERA) (Relief) Main Goal: To help those that were unemployed by creating new unskilled jobs in local and state governments.
Civilian Works Administration (Relief) Made to put jobless Americans back to work. It was a temporary program to help Americans get through the winter of 1933-1934.
Civilian Conservation Corps (Relief) One of the most successful of Roosevelt's New Deal programs. This program gave millions of young men employment on environmental projects.
Agricultural Adjustment Act (Recovery) Reduced production of crops by paying farmers subsidies not to plant on part of their land and to kill off excess livestock. Its purpose was to reduce crop surplus and raise the value of crops.
National Industrial Recovery Act (Recovery) Gave the president power to regulate industries for fair wages and prices that would help the economy to grow.
National Labor Relations Board (Reform) Protects employees and gives employees the rights to organize into unions.
Tennessee Valley Authority (Reform) Address Issues on: Energy, Environment, and Economic Development
Relief Immediate help
Recovery Temporary programs to restart the flow of consumer demand
Reform Permanent programs to make sure something like The Depression, never happens again.
Created by: MsCurcio
 

 



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