New Deal

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New Deal

FDIC

these financial reforms helped restore confidence in the economy

Insured bank deposits up to $5,000

Federal Deposit Insurance Corporation

REA

It was so successful, by 1950, more than 80% of american farms had electricity.

Loaned money to electric utilities to build power lines, bringing electricity to isolated rural areas.

Rural Electrification Administration

PWA

These public-works projects improved the nations infrastructure and created millions of new jobs for workers.

Built bridges, dams, power plants, and government buildings.

Public Works Administration

CCC

Became more inclusive and extended work and training to Mexican American and other minority youth, as well as to whites

Civilian Conservation Corps

Provided jobs for more than 2 million young men. They replanted forests, built trails, dug irrigation ditches, and fought fired.

NRA

Developed codes of fair competition to govern whole industries. These codes established minimum wages for workers and minimum prices for the goods that businesses sold.

FDR called this "the most important and far-reaching legislation ever enacted by the American Congress."

National Recovery Administration

TVA

The TVA attracted a host of critics and called the TVA "socialist".

Replanted forests, built fertilizer plants, created jobs, and attracted industry with the promise of cheap power.

Built series of dams in the Tennessee Valley to control floods and to generate electric power

Tennessee Valley Authority

WPA

By 1943, the WPA had employed more than 8 million people and spent about $11 billion.

Built or improved the nations highways, dredged rivers, harbors and promoted soil and water conservation.

Harry Hopkins was in charge

Works Progress Administration