Emergency Banking Act, 1933
FIRST piece of legislation passed during the New Deal. Set up an immediate 4 day “Bank Holiday” in which all banks closed – to stop the panic. It gave the president power to help banks that were failing
Federal Emergency Relief Agency, 1933
Distributed millions of dollars of direct aid to unemployed workers. Assisted states and cities in caring for the unemployed. Matched funds extended by state and local governments. First legislation approving the giving of money to the poor and unemployed. The beginning of cash payments to people – welfare
Civilian Conservation Corps, 1933
Sent 250,000 young men 18-25 to work camps to perform soil conservation, reforestation and conservation tasks. Removed surplus of workers from cities, provided healthy conditions for boys, provided money for families. Existed until 1941 and employed 3 million men
Tennessee Valley Authority, 1933
Objective : help a specific region by developing electrical power. Provided for the building of 7 hydro-electric dams in the Tennessee River Valley as well as power plants and transmission lines. The dams would provide electric power, flood control and irrigation for crops in 5 states. This increased the standard of living for 3 million people. Will provide power to Oak Ridge Tenn. – the govt. instillation that worked on the atomic bomb. The dams are still running and providing electricity
Public Works Administration, 1933 (established by the NIRA)
Provided money to state and local governments to help major industries (construction, housing, farming) in their area get back on their feet jobs included – road construction, schools, dams, hospitals and bridges between 1933-1939 $5 billion was spent on 35,000 projects and employed ½ a million people - Google Image Search of PWA projects
Works Progress Administration, 1935
Employed 8.5 million workers in construction and other jobs (building roads, schools, hospitals and power plants). More importantly provided jobs for the skilled and the educatedin arts, theater, and literary projects (Federal Arts Project, Federal Writers Project, Federal Theatre Project ) By 1943 $11 billion spent on 1.5 projects
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