-
-
Reform: Declared a "bank holiday" to halt bank failures. It allowed for the reopening of banks only once they were inspected and deemed financially fit. -
Relief: Provided jobs for young, unemployed men in environmental conservation projects like planting trees and building parks. -
Recovery: Aimed to raise farm prices by paying farmers subsidies to reduce production and create scarcity. -
Recovery Reform: A regional development agency that built dams and power plants to control flooding, generate electricity, and modernize the Tennessee Valley. -
Recovery Reform: The FHA was created to stimulate the struggling housing industry and make homeownership more accessible. It did this by insuring mortgages issued by private lenders. This reduced the risk for banks, allowing them to offer loans with lower down payments and longer repayment terms, which revolutionized the housing market for the middle class. -
-
Relief: The largest New Deal agency. It employed millions of people in public works projects, from construction to arts programs. -
Relief: The NYA was created to address the specific problem of youth unemployment. It provided part-time work and vocational training for millions of high school, college, and graduate students, allowing them to stay in school. It also offered jobs and training for young people who were not in school, preparing them for future employment. -
Reform: Guaranteed workers the right to form unions and bargain collectively. It created the National Labor Relations Board (NLRB) to oversee elections. -
Reform: Created a federal safety net, including a pension system for retirees, unemployment insurance, and aid for dependent children. -
Reform: Established a federal minimum wage, the 40-hour work week, overtime pay, and restrictions on child labor.