1938 also saw the passage of the Fair Labor Standards Act, establishing commonly used labor practices like minimum wage and overtime pay. The FHA was designed to regulate mortgages and housing conditions; today, it still plays a major role in the financing of houses for Americans. His New Deal programs, begun immediately upon his inauguration in 1933 and aimed first at economic recovery, would ultimately address the nation's and Georgia's social conditions as well. Program Description of Program Program ⦠Before the New Deal (1797-1932), there were 33 major economic downturns, 22 recessions, four depressions, and seven bank runs and panics. The CWA ended in 1934 in large part because of opposition to its cost. In May, the Federal Emergency Relief Administration was created to create job and cash relief for struggling citizens. 10 of the Most Influential Presidents of the United States, Greed Is Good or Is It? The PWA was designed to create public works projects and continued until the U.S. ramped up wartime production for World War II. It became one of the most successful programs. First of all, the "New Deal" was simply a campaign slogan FDR used to get himself elected in the first place. Thus, May saw not only the Agricultural Adjustment Act, which provided farmers subsidies if they reduced crops, but the Tennessee Valley Authority Act as well. The massive spending brought by the American entry to the Second World War ultimately cured the nation's ⦠New Deal Programs: Selected Library of Congress Resources was created to serve as a starting point for research using Library of Congress collections of New Deal program materials. Reform agency created to insure individuals' bank accounts, protecting people against losses due to bank failures and to prevent ⦠Crucial to this act was the creation of the Federal Housing Administration (FHA), which was created to improve housing conditions and provide federal mortgage loans. As the largest New Deal agency, the WPA affected millions of Americans and provided jobs across the nation. Those 100 days, as well as the several years after that would follow, saw many initiatives being passed - some by executive order. Safety net-The New Deal was not socialism at all, but it provided a safety net for the groups that suffered ⦠The National Industrial Recovery Act was designed to bring together the interests of working-class Americans and businesses. Terms in this set (24) 1933 Civilian Conservation Corps (CCC) Americans use ⦠Instead, the Depression lasted until the US started to gear up for WWII. Receive full access to our market insights, commentary, newsletters, breaking news alerts, and more. On the March 22, the Beer-Wine Revenue Act was passed, the beginning of the end for prohibition. New Deal programs were financed by tripling federal taxes from $1.6 billion in 1933 to $5.3 billion in 1940. The act permitted alcohol under a certain percentage to be sold and taxed; by the end of the year, the 21st amendment was passed, ending the Prohibition Era. What were some of these programs, and how many of them still resonate to this day? The Home Owners' Loan Corporation was created in 1933 to assist in the refinancing of homes. The Great Depression, and later the Dust Bowl, had hit the nation hard, causing widespread unemployment, business and farm failures, and severe international trade problems. PLAY. The New Deal program included a variety of programs and incentives designed to stimulate and revitalize the American economy and help Americans with employment, payments and other financial matters. In the end, it is important to understand why the New Deal failed. New Deal, domestic program of the administration of U.S. Pres. Workers at the turn of the 20th century were ⦠By the time Roosevelt came to office, Georgia's farmers, in desperate straits from years of depression and low cotton prices, were echoing ⦠The Civil Works Administration was also formed in 1933 to create jobs for the unemployed. This regulated the communications industry, radio in particular. The stock market crash on Oct. 29, 1929, is infamously known as Black Tuesday, when stocks fell 13.5%. This includes the United States Housing Act of 1937 that created the United States Housing Authority, which helped to fund affordable public housing. 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