Search results
People also ask
What is the New Deal timeline?
What did the New Deal do?
What happened during the New Deal?
How did the New Deal end the Great Depression?
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.
- 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
Oct 29, 2009 · Print Page. Getty Images. The New Deal was a series of programs and projects instituted during the Great Depression by President Franklin D. Roosevelt that aimed to restore prosperity to...
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.
Mar 29, 2022 · The New Deal was a series of large-scale relief programs and reforms that FDR implemented to counteract the economic effects of the Great Depression. The New Deal advocated government spending as a key economic driver boosting consumer demand.
- Kimberly Amadeo
Statistics. See also. References. Sources & further reading. External links. New Deal. 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.
Overview. The New Deal was a set of domestic policies enacted under President Franklin D. Roosevelt that dramatically expanded the federal government’s role in the economy in response to the Great Depression.
