New Deal

  • Agricultural Adjustment Administration Founded

    Agricultural Adjustment Administration Founded

    The AAA is a New Deal agency meant to raise farm prices by cutting crop production and providing subsidies to farmers for limiting their output. It reduced agricultural surpluses and stabilized prices to combat the great depression.
  • Tennessee Valley Authority

    Tennessee Valley Authority

    The TVA is a federally owned corporation that provides low-cost electricity, flood control, and improved navigation for the Tennessee River system and is the nation's largest public power provider.
  • The Banking Act (Glass Steagall Act)

    The Banking Act (Glass Steagall Act)

    The Glass-Steagall Act separated commercial banking from investment banking and created the Federal Deposit Insurance Corporation. It reduced the risk of failure for commercial banks.
  • Civilian Conservation Corps Founded

    Civilian Conservation Corps Founded

    The CCC was a program established to combat the high unemployment of the Great Depression by providing jobs on conservation and resource development projects. It primarily hired young men to work in national parks.
  • Securities Exchange Act

    Securities Exchange Act

    It is a federal law that created the SEC and regulates securities trading in the secondary market. Its purpose is to ensure fair markets by preventing fraud, requiring ongoing reporting from public companies, and overseeing market participants like brokers and exchanges.
  • Wagner Act

    Wagner Act

    Officially known as the National Labor Relations Act, establishing rights for laborers such as mandating minimum wage and guaranteed union membership.
  • National Labor Relations Board

    National Labor Relations Board

    Created by the Wagner Act, the National Labor Relations Board (NLRB) was an independent federal agency created by the U.S. Congress to reestablish labor rights, mediate labor disputes, and to decide if an appropriate bargaining unit of employees exists for collective bargaining.
  • Works Progress Administration

    Works Progress Administration

    It was a work program that employed over 8.5 million men to create roads, hospitals, schools, etc. The Federal Art Project, Federal Writers Project, and Federal Theaters Project were all created under this agency to employ artists to preserve their skills.
  • Social Security Act

    Social Security Act

    America's first welfare program, it created an old-age pension system through the money of employee contributions.
  • Revenue Act

    Revenue Act

    Also known as the “sock-the-rich” tax act, it raised taxes on individuals with higher income and big corporations. It aimed to redistribute wealth.