New Deal Timeline

  • Federal Deposit Insurance Corporation (FDIC)

    Federal Deposit Insurance Corporation (FDIC)
    • Depositors would be insured for up to 25,000 (250,000 today)
  • Civilian Conservation Corps (CCC)

    Civilian Conservation Corps (CCC)
    -250,000 young men trained on army bases and were then sent to national parks to plant trees
    - earning a dollar a day
  • Federal Emergency Relief Administration (FERA)

    Federal Emergency Relief Administration  (FERA)
    • 8 million people were on public assistance
    • By 1935 almost 3 billion has been funneled to state and local agencies
  • Tennessee Valley Authority

    Tennessee Valley Authority
    • building dams
    • building power stations to help with:
    • electricity
    • flood control
  • National Industrial Recovery Act (NIRA)

    National Industrial Recovery Act (NIRA)
    Main goal was to stimulate business and reduce unemployment by:
    - stabilizing prices
    - raising wages
    - providing jobs
  • Civil Works Administration (CWA)

    Civil Works Administration (CWA)
    Make work projects:
    - construction
    - picking up litter
    - raking leaves
    - 750 million spent on this program
  • Works Progress Administration (WPA)

    Works Progress Administration (WPA)
    • Replaced the Civil Works Administration but only lasted one year
    • 5 billion allotted
    • Worked on airports, public buildings, bridges and roads
  • Social Security Act

    Social Security Act
    • Unemployment insurance for workers
    • Pensions for retired workers
    • Payments went out to blind and disabled workers
    • Founded by taxes