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Public Works Administration

FDR's First New Deal

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First New Deal Civilian Conservation Corps (CCC) ? 1933 ? Provided employment for unmarried men between the ages 17 ? 25 to work in the national parks installing electric lines, building fire towers, and planting new trees in deforested areas Agricultural Adjustment Act (AAA) ? 1933 ? Approved govt. loans to farmers and paid farmers not to grow certain crops in order to increase the prices of agricultural products Federal Deposit Insurance Corporation (FDIC) ? 1933 ? Under Federal Reserve Act to insure bank deposits of up to $100,000 in case of bank failure. This insurance was intended to prevent people from withdrawing their money out of panic

New Deal Chart

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The New Deal Reform Chart The First New Deal: 1933-1934 March 6, 1933 National Bank Holiday closes all banks temporarily for five days March 9, 1933 Emergency Banking Act (Relief) It impounded all gold and devalued the dollar. It allowed only banks approved by the Federal Reserve to remain in operation in the United States. It is relief because it was designed to restore the nation?s unstable economy March 20, 1933 Economy Act Cut federal costs by reorganizing cuts in salaries and veterans? pensions. March 22, 1933 Beer-Wine Revenue Act amends Volstead Act legalized and taxed wine and beer March 31, 1933 Civilian Conservation Corps (Relief)
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