Alphabet Soup

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Alphabet Soup
The New Deal
FERA
AAA
TVA
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Franklin Delano Roosevelt

• Elected President in 1932
• Promised the American people a New Deal
• Called Congress into emergency session in
  March, 1933

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The New Deal sought relief for the needy,
economic recovery, and reform of
American capitalism.

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The New Deal was a revolution in the American way
of life.

• The result was Alphabet Soup,
• new federal agencies, some successful, some not!

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Major New Deal Acts and Agencies

• CCC
• AAA
• TVA
• FDIC
• FERA
• NRA

• SSA
• FSA
• NLRB
• SEC
• WPA
• FHA

Created in the first hundred days
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Civilian Conservation Corps

• The CCC gave twenty-five million young men work
  in environmental improvement projects.

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CCC boys arrive at Idaho
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Agricultural Adjustment Act

• AAA
• Gave farmers money to make up for the
  governments request that they bring fewer crops
  to market.

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Tennessee Valley Authority

• The TVA provided funds to develop the Tennessee
  River Valley and fostered rural electrification.

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Federal Deposit Insurance Corporation

• The FDIC was designed to protect savings that
  were deposited in private bank accounts in the
  event of bank failures.

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Federal Emergency Relief Administration

• The FERA provided funds for local and state
  relief organizations to disburse to the
  unemployed.

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National Recovery Administration

• The NRA created work codes and industrial safety
  regulations while attempting to set minimum
  prices and wages which business owners would not
  undercut.

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Social Security Act

• It gave benefits to the elderly, the orphaned,
  and to people injured in industrial accidents.

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Farm Security Administration

• The FSA lent money to sharecroppers and tenant
  farmers to help them buy their own land.

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A FSA Migrant Camp and a migrant family.
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National Labor Relations Board

• The NLRB guaranteed workers the right to join
  labor unions and call strikes.

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Securities and Exchange Commission

• The SEC regulated the Stock Market.

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Works Progress Administration

• The WPA provided government funds for
  constructing public buildings, roads, bridges,
  and even hiring writers and artists.

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Federal Housing Administration

• The FHA was created to stimulate the building
  industry by providing small loans for home
  construction.

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This is pre-eminently the time to speak the
truth, the whole truth, frankly and boldly. Nor
need we shrink from facing conditions in our
country today. This great nation will endure as
it has endured, will revive and will prosper.
So first of all let me assert my firm belief
that the only thing we have to fear is fear
itself-nameless, unreasoning, unjustified terror
which paralyzes needed efforts to convert retreat
into advance.
FDR First Inaugural Address

March 4, 1933
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FDRs New Deal marked a turning point in America.
It was a revolutionary transformation of the
federal government from a body with limited
impact on the average person into a machine that
left few Americans untouched.