TB2+The+New+Deal

**The New Deal- Megan, Phoebe, Jeremy.**
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The New Deal was created by FDR and was his main campaigning topic that got him elected. The New Deal was made to try to alleviate the pain of the American people during the Great Depression. In the first 100 days of FDR's presidency, there were many laws passed to "relieve poverty, reduce unemployment, and speed economic recovery." **(pbs.org). "**The New Deal is generally considered to have consisted of two phases." The first phase, from 1933 to 1934, provided recovery and relief from the Great Depression. It consisted of programs for agricultural and business regulation, resisting inflation, price stabilization, and for public works. The second phase of the New Deal, from 1935 to 1941, had more legislation made for social and economic problems to help the working class,while continuing to provide relief and recovery **(infoplease.com).** The National Industrial Recovery Act **( NIRA )** and National Recovery Administration **( NRA )** were designed to address unemployment by regulating the number of hours worked per week and banning child labor. -"Works Progress Administration- "Roosevelt’s major work relief program, would employ more than 8.5 million people to build bridges, roads, public buildings, parks and airports."
 * (PBS.org)**

====The Civilian Conservation Corps (CCC) was created in 1933 to fight unemployment. It was also responsible for building many public works and created structures and trails in parks across the nation. The Civil Works Administration (CWA) was c reated in 1933 to create jobs for the unemployed. It also ended in 1934 in large part due to opposition to its cost. The Federal Housing Administration (FHA) was designed to regulate mortgages and housing conditions. The banking crisis caused banks recalling loans. The Federal Security Agency (FSA) was established in 1939and was finnally abolished in 1953. The FSA had to deal with Social security, federal education funding, and food and drug safety. The Home Owner's Loan Corporation (HOLC) was created in 1933 and helped to refinance homes and prevent foreclosures. The National Recovery Act (NRA) brought the interests of working class Americans and businesses together. The NRA was declared unconstitutional in Supreme Court case Schechter Poultry Corp. v. US. The reason was because the NRA violated the separation of powers. Public Works Administration (PWA) was created to provide economic stimulus and jobs. It was also created public works and continued to do work until the US ramped up wartime production for World War II. The PWA officially ended in 1941. The Social Security Act (SSA) was d esigned to combat the widespread poverty among senior citizens. Furthermore, it p rovided income to retired wage earners.The Tennessee Valley Authority (TVA) was established in 1933. It d eveloped the economy in the Tennessee Valley region, which had been hit extremely hard by the Great Depression. Works Progress Administration (WPA) was c reated in 1935; it provided jobs across the nation. Numerous roads, buildings, and other projects were completed, and i t officially ended in 1943 **(about.com)**. Finally FDR passed the Federal Deposit Insurance Corperation (FDIC) which was created to protect people's money deposited in the bank up to a certain money amount. It was created because people feared to deposit their money in the bank because they lost their money from the Depression. ====