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Rosevelt brought optimism and hope to America. He promised a New Deal that would revive America from depression.
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Roosevelt issues a bank holiday to close banks before they lose any more business.
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Within this time period, Roosevelt sent dozens of bills to Congress to try and solve the depression. 15 of these bills were passed and became known as part of Roosevelt's New Deal.
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The day before the banks were set to reopen, Roosevelt gave his first ireside chat. He encouraged people to have confidence in the banks again and the next day, people began placing their money in banks again. The bank crisis was over.
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The CCC employed more than 3 million young men to work on public works projects in the National Parks and Forests
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This act was set up by the National Recovery Administration (NRA). It created codes that business had to abide by. These codes outlined minimum wage, maximum hours, and which workers were allowed the right to unionize.
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The AAA paid farmers to not produce certain crops. It tried to drive prices up and stabilize the agricultural economy.
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This agency created jobs by heading up public works projects such as the building of dams and power plants. It was the firt public competition with private power industries.
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This act established the Federal Deposit Insurance Corporation which provided federal insurance for individual bank accounts up to $5,000. This helped restore people's confidence in the banking system.
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The PWA set up public works projects that employed many. It awarded contracts to construction companies and forced them to send people of all races. It started breaking racial barriers down.
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Created public works jobs for 4 million workers.
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The SEC was created to help regulate the stock market.
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Employed many in public construction jobs. It also created public art, literary, and theater projects.
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Provided part-time jobs for both men and women ages 16-25.
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The Wagner Act set up the National Labor Board which allowed workers to unionize.
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The Social Securities Act provided security (money) to people over 65 and the unemployed.