-
The Emergency Banking Act was a reform effort introduced in March 1933. The Emergency Banking Act shut down banks for a short period of time in and would only allow them to reopen after approval from the government. This greatly improved banking quality in the US. -
The CCC was a relief effort established in March 1933. The CCC created job opportunities for millions of Americans, though it often came with military-like conditions. They built roads and were very involved in nature, like the Appalachian trail. -
The AAA was a recovery effort established in May 1933. The AAA tried to restore purchasing power back to WWI levels. The government would pay farmers to produce less goods in order to control supply and demand and to also control the production of crops. -
The TVA was a relief agency established in May 1933. The TVA created job opportunities in rural areas in seven southern states to produce dams which would supply the area with electricity. It mainly created dams in Tennessee, Alabama, and Georgia but employed many people. -
The FDIC was a reform effort introduced in June 1933. It attempted to prevent future issues by increasing the public trust in the US financing system. It created more secure deposits and monitored banks to make sure they are operating the way they are supposed to. -
The Works Progress Administration was a program where Congress set aside $5 billion -
The Social Security Act created a fund that gave pensions to people of old age, starting at 65. It also gave compensation to unemployed and disabled people. The act was funded by payroll tax and served as a relief effort.