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Roosevelt begins the first hundred days of the landmark New Deal legislation, including the creation of the Civilian Conservation Corps, the signing of the Home Owners Refinancing Act, the Agricultural Adjustment Act and the Banking Act. It also established the National Recovery Administration, the Public Works Administration and the Civil Works Administration.
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It provides work immediately for 250,000 young men (18-25) in reforestation, road construction and developing national parks. Work camps begin to spring up. By the time it eases in 1941, two million people have worked on its projects.
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Authorizes immediate grants to states for relief projects. Unemployment has reached 14 million-over one quarter of the nation's work force.
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Construct dams and power plants along the Tennessee Valley; electricity will go to residents, many of whom lacked it previously, and fertilizer will be sold.
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monitor and regulate stocks and bonds.
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