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President Franklin Roosevelt set out to rebuild confidence in the nation's banking system, first declaring a four-day banking holiday that shut down the banking system, including the Federal Reserve. So then banks were inspected by Treasury Department and those stable could reopen.
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The Civilian Conservation Corps (CCC) was a public work relief program that operated from 1933 to 1942 in the United States for unemployed, unmarried men from relief families as part of the New Deal.
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United States federal law of the New Deal era which reduced agricultural production 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 therefore effectively raise the value of crops.
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Provided navigation, flood control, electricity generation, fertilizer manufacturing, and economic development to the Tennessee Valley, a region particularly affected by the Great Depression. The enterprise was a result of the efforts of Senator George W. Norris of Nebraska. TVA was envisioned not only as a provider, but also as a regional economic development agency that would use federal experts and electricity to rapidly modernize the region's economy and society.
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The FHA revolutionized home ownership by creating our current financial mortgaging system. It also insured loans for building and repairing homes.
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It was the largest and most ambitious American New Deal agency, employing millions of unemployed people (mostly unskilled men) to carry out public works projects, including the construction of public buildings and roads.
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The REA had helped to establish 417 rural electric cooperatives, which served 288,000 households. The actions of the REA encouraged private utilities to electrify the countryside as well. By 1939 rural households with electricity had risen to 25 percent.
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The National Youth Administration (NYA) was a New Deal agency in the United States that focused on providing work and education for Americans between the ages of 16 and 25. It operated from June 26, 1935 to 1939 as part of the Works Progress Administration (WPA).
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It provided pensions, unemployment insurance, and aid to blind, deaf, disabled, and dependent children.
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This completed the restructuring of the Federal Reserve and financial system begun during the Hoover administration and continued during the Roosevelt administration. Much of that earlier legislation contained emergency expedients and regulatory experiments that Congress approved on a temporary basis. The Banking Act of 1935 finalized these reforms “to provide for the sound, effective, and uninterrupted operation of the banking system.”
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It was a federal agency created during 1937 within the United States Department of the Interior by the Housing Act of 1937 as part of the New Deal. It was designed to lend money to the states or communities for low-cost construction.