1. New Deal A

2. Fixing the Banks: 1. Emergency Banking Relief Act - March 9 1933
Bank Holiday – Close banks
What did this do? Stopped bank runs from bankrupting remaining banks
Fire side chat – “safer to keep money in reopened bank then under matress”

3. 2. Federal Deposit Insurance Corp June 1933
What did this do? Protect bank deposits up to a certain point
Effects? Restore confidence in banks, deposits increase

4. Fixing Farms & Industry 3
Fixing Farms & Industry 3. Agricutural Adjustment Administration May 1933
What did it do? Pay Farmers to not raise certain crops causing prices and farmers income to raise
Issue? Raised prices, helped large commercial farmers not the little guys

5. 4. National Recovery Act June 1933
What did this do? Created voluntary rules for businesses, suspended anti-trust laws
Code of fair a. set prices
b. minium wage
c. aided workers unions
also – limit amount of shifts, shortened hrs
Issues? Helps large industries, higher wages = higher prices, difficult to oversee

6. Releif for the people 5. Home Owners Loan Corp 6/1933
What did it do? Bought mortgagees of homeowners, restructured with lower rates and longer payments
Issues? Only help those still employed

7. 6. Civilian Conservation Corps March 1933
This was FDR most highly praised program
What did it do? Gave jobs to yrs old to work with forest service
Examples: plant trees, fight fires, build reservoirs

8. 7. Public Works Administration June 1933
What did this do? Gave out construction jobs
Examples – highways, damns, schools, sewers
Who provided jobs? Government hired construction firms to build projects who would then hire workers

9. 8. Civil Works Administration Nov 1933
What did this do? Provided short term construction jobs
Examples – airports, schools, roads, playgrounds
Who provided jobs – government
Why cancelled? Spent a lot of money and didn’t want people dependent on government providing jobs