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This act allowed the government to inspect the financial health of all banks and reopen only those deemed solvent. It restored public confidence in the U.S. banking system.
Type: Recovery -
Provided jobs to young men for environmental projects such as planting trees, building parks, and preventing soil erosion. It employed over 3 million young men.
Type: Relief -
Aimed to raise crop prices by paying farmers to reduce production, therefore, reducing surpluses and stabilizing farm income.
Type: Recovery -
Built dams and power plants in the Tennessee Valley to control flooding and generate electicity.
Type: Recovery and Reform -
Set fair labor standards, wages, and prices in industries to stimulate economic recovery. Later declared unconstitutional in 1935.
Type: Recovery -
Employed millions of Americans in public works projects such as building roads, bridges, schools, and arts programs. It became one of the largest employers of the 1930s.
Type: Relief -
Provided federal loans to bring electricity to rural areas, dramatically improving quality of life and productivity for farmers.
Type: Recovery -
Guaranteed workers the right to form unions and engage in collective bargaining, strengthening labor rights and protections.
Type: Reform -
Established pensions for the elderly, unemployment insurance, and assistance for the disabled and dependent children.
Type: Reform