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Apr 11, 2023 · New Deal Timeline. This timeline provides a chronology of New Deal legislation & programs, presidential elections, key speeches, state of the economy, and important events. For more information on any of the New Deal programs found in this timeline, such as the CCC or WPA, to our “New Deal Programs” page. There you will find one-page ...
- Overview
- The Hundred Days
•The Agricultural Adjustment Administration (AAA) brought relief to farmers by paying them to curtail production, reducing surpluses, and raising prices for agricultural products.
•The Public Works Administration (PWA) reduced unemployment by hiring the unemployed to build new public buildings, roads, bridges, and subways.
•The Civilian Conservation Corps (CCC) employed hundreds of thousands of young men in reforestation and flood-control work.
•The National Recovery Administration (NRA) established codes to eliminate unfair practices, establish minimum wages and maximum hours, and guarantee the right of collective bargaining.
•The Tennessee Valley Authority (TVA) brought cheap electricity to people in seven states.
•The Home Owners’ Refinancing Act provided mortgage relief to the unemployed.
Much of the New Deal legislation was enacted within the first three months of Roosevelt’s presidency (March 9–June 16, 1933), which became known as the Hundred Days. The new administration’s first objective was to alleviate the suffering of the nation’s huge number of unemployed workers. Such agencies as the Works Progress Administration (WPA) and the Civilian Conservation Corps (CCC) were established to dispense emergency and short-term governmental aid and to provide temporary jobs, employment on construction projects, and youth work in the national forests. The WPA gave some 8.5 million people jobs. Its construction projects produced more than 650,000 miles of roads, 125,000 public buildings, 75,000 bridges, and 8,000 parks. Also under its aegis were the Federal Art Project, Federal Writers’ Project, and Federal Theatre Project. The CCC provided national conservation work primarily for young unmarried men. Projects included planting trees, building flood barriers, fighting forest fires, and maintaining forest roads and trails.
Before 1935 the New Deal focused on revitalizing the country’s stricken business and agricultural communities. To revive industrial activity, the National Recovery Administration (NRA) was granted authority to help shape industrial codes governing trade practices, wages, hours, child labour, and collective bargaining. The New Deal also tried to regulate the nation’s financial hierarchy in order to avoid a repetition of the stock market crash of 1929 and the massive bank failures that followed. The Federal Deposit Insurance Corporation (FDIC) granted government insurance for bank deposits in member banks of the Federal Reserve System, and the Securities and Exchange Commission (SEC) was established in 1934 to restore investor confidence in the stock market by ending the misleading sales practices and stock manipulations that had led to the stock market crash. The farm program, known as the Agricultural Adjustment Act, was signed in May 1933. It was centred in the Agricultural Adjustment Administration (AAA), which attempted to raise prices by controlling the production of staple crops through cash subsidies to farmers. In addition, the arm of the federal government reached into the area of electric power, establishing in 1933 the Tennessee Valley Authority (TVA), which was to cover a seven-state area and supply cheap electricity, prevent floods, improve navigation, and produce nitrates.
- The Editors of Encyclopaedia Britannica
List of important facts regarding the New Deal, domestic program of the administration of U.S. President Franklin D. Roosevelt between the years 1933 and 1939. The program was aimed at bringing economic relief to the country during the period of the Great Depression.
New Deal Key Facts. New Deal Causes and Effects. Timeline of significant events pertaining to the New Deal. When Franklin D. Roosevelt assumed the presidency of the United States in 1933, the nation’s economy was in a state of turmoil because of the Great Depression. He responded by immediately putting into action an aggressive recovery agenda.
Oct 29, 2009 · New Deal for the American People . On March 4, 1933, during the bleakest days of the Great Depression, newly elected President Franklin D. Roosevelt delivered his first inaugural address before ...
The New Deal was a series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1938 to rescue the U.S. from the Great Depression. It was widely believed that the depression was caused by the inherent market instability and that government ...
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The First New Deal (1933-1934) At the time of Roosevelt’s inauguration on March 4, 1933 the nation had been spiraling downward into the worst economic crisis in its history. Industrial output was only half of what it had been three years earlier, the stock market had recovered only slightly from its catastrophic losses, and unemployment stood ...
