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Period: to
New Deals
Agencies installed in the first 100 days of Roosevelts presidential term. -
Civilian Conservation Corps
-Relief
-First New Deal
A voluntary public work relief program that operated from 1933 to 1942 in the United States for unemployed, unmarried men. Originally for young men ages 18–25, it was eventually expanded to ages 17–28. -
Federal Emergency Relief Act
-Relief
-First New Deal
FERA's main goal was to alleviate household unemployment by creating new unskilled jobs in local and state government. -
Home Owners Loan Corporation (HOLC)
-Relief
-First New Deal
-Helped citizens refinance urban mortgages to help prevent foreclosure -
Federal Deposit Insurance Corporation (FDIC)
-Reform
-First New Deal
Was to provide stability to the economy and the failing banking system. -
National Recovery Administration
-Recovery
-First New Deal
The goal of the administration was to eliminate "cut-throat competition" by bringing industry, labor, and government together to create codes of "fair practices" and set prices. -
The Securities and Exchange Commission (SEC)
-Reform
-Second Deal
The purpose was protecting investors from dangerous or illegal financial practices or fraud, by requiring full and accurate financial disclosure by companies offering stocks, bonds, mutual funds, and other securities to the public -
Works Progress Admin
-Relief and Recovery
-Second New Deal
An American New Deal agency, employing millions of job-seekers (mostly unskilled men) to carry out public works projects, including the construction of public buildings and roads. -
Social Security Act
-Reform
-Second New Deal
Created the unemployment system, disability insurance, old-age pension, and child welfare benefits. -
The Revenue Act
-Reform
-Second New Deal
Raised federal income tax on higher income levels, by introducing the "Wealth Tax". It was a progressive tax that took up to 75 percent of the highest incomes -
The Rural Electrification Administration (REA)
- Recovery
- Second New Deal Provided federal loans for the installation of electrical distribution systems to serve isolated rural areas of the United States. The funding was channeled through cooperative electric power companies.
