-
Presidential Election
Franklin D. Roosevelt was sworn into office becoming the President of the United States. -
Roosevelt's Emergency Banking Act
The act reorganized the banks and closed the ones that were unfit. As a result, the banks that were healthy were able to return which then provided economic stability. This act was an example of reform. -
Federal Emergency Relief Administration
A government agency that acollated approximately 500 million dollars to help relieve cities of high rates of unemployment. This act was a form of Relief described by FDR's three Rs program. -
Agricultural Adjustment Act
The act was a governmental legislation that restricted production during the New Deal by paying farmers to reduce crop area. The Agricultural Adjustment Act was meant to oversee the distribution of crops to alleviate the problems of farming. This act was an example of recovery. -
Tennessee Valley Authority
A New Deal agency created to generate electric power and control floods in a seven-U.S.-state region around the Tennessee River Valley . It created many dams that provided electricity as well as jobs. This agency was an example of recovery of the economy providing jobs. -
Glass-Steagall Act
The Glass-Steagall Act was a government legislation that made approximately 1 billion dollars in government gold reserves available to become loans. It allowed the banks to reopen and gave the president power to regulate transactions and foreign exchanges, and also introduced the FDIC making it a reform act. -
National Industrial Recovery Act
A New Deal legislation that focused on the employment of the unemployed and the regulation of unfair business ethics. The NIRA pumped cash into the economy to stimulate the job market and created codes that businesses were to follow to maintain the ideal of fair competition and created the NRA. This act was an example of recovery. -
Works Progress Administration
A New Deal agency that created jobs to those who were in need, as a result they facilitated about 9 million jobs that revolved around the construction of bridges, roads, and buildings. This act was a reform effort from FDR's three R program which provided jobs to stabilize the economy. -
Rural Electrification Administration
The act provided electricity to rural areas such as farms, who were encouraged to cooperate with one another to utilize electrical utilities to its full potential. This act was known as a reform act which allowed farms to revolutionize and become more modern. -
National Youth Administration
Provided more than 2 million part-time jobs for college and highschool students. As a result, it facilitated economic growth and allowed kids at a younger age to earn their own wages and become more independent. -
National Labor Relations Act
Also known as the Wagner Act, replaced the National Industry Recovery Act after it was deemed unconstitutional. The National Labor Relations Act guaranteed a worker's right to join a union and a union's right to bargain collectively, outlawing business practices that were unfair. -
Social Security Act
The act guaranteed retirement payments for enrolled workers beginning at the age of 65, it set up a federal-state system of unemployment that guaranteed insurance and care for dependent mothers, children, and the handicapped. -
Fair Labor Standards Act
Governmental legislation that regulated minimum wages and the maximum number of hours for workers involved in interstate commerce. In addition, it outlawed the use of children who were under the age of 16 to work.
