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In 1933 the Civilian Conservation Corps was made to prevent another dust bowl and create thousands of jobs. The CCC sent 250,000 men to work camps to do reforestation and conservation work. The money paid to the men helped give them and their families better living conditions until the ending of the programme in 1942.
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The second New Deal in 1933 saw the Roosevelt administration and Congress set up a series of programmes to help the unemployed masses of America. One of the largest such programmes was the WPA. It set out to create as many new jobs as possible as quickly as possible. 1935-1943 the WPA spent $11 billion giving jobs to 8 million mostly unskilled workers. It gave a sense of hope and purpose to the American people.
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The AAA was made to help farmers deal with the Depression. It was doing this by raising crop prices by lowering production which was acheived by the government by paying farmers to leave a certain amount of every acre unseeded. In 1936 the AAA was declared unconstitutional by the supreme court.
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The TVA focused on the badly depressed region of Tenneessee River Valley and created thousands of jobs and provided help for the region with dozens of dams, flood control and the generation of electrical power. The TVA is still in effect today.
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The HOLC was established by the Home Owners Refinancing Act, signed off in 1933. The HOLC provided loans to homeowners who faced foreclosure because they couldnt meet loan payments. The programme ended in 1935.
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When Congress passed the Glass-Steagall Act of 1933 the FDIC was estabilished. It reassured millions of customers that their money was safe in banks by providing federal insurance for individual accounts up tp $5000. It also required banks to act more cautious with their customers money.
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The FHA was created by the National Housing Act of 1934. The The agency furnished loans for home mortgages and repairs. It is still in use to this day.
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In May of 1933 the Federal Securities Act was passed allowing the creation of the Securities and Exchange Commission which was made to regulate the Stock Market. A main goal of this was to prevent people with inside information from rigging the stock market for their own profit. This is still in use today.
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The National Labor Relations Act was more commonly known as the Wagner Act after its sponsor, Seator Robert F. Wagner. The act reestablished the provision of collective bargaining and protected the rights of workers to unionize and engage in collective bargaining with employers. It also prohibited unfair labour practises. The act set up the National Labor Relations Board (NLRB) to hear testimony and elections.
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The Social Security Act was created by a committee chaired by Secretary of Labor, Frances Perkins. The act had three major parts: Old-age insurance for retirees 65 or older and their spouses, unemployment compenstation system and aid to families with dependant children and people with disabilities. It provided substantial benifits to millions of Americans.
