American History New Deal Programs

Civilian Conservation Corps (CCC)

Helped unemployed by:

• education (learned to read)

• 5,000 enrollees completed high school

• 2,700 earned college degrees

• Work ethic

• Gave jobs ($30 a month, $25 went back to family)

Relief/ Reform (temporary jobs)

Works Progress Admin. (WPA)

Helped unemployed by:

• invested $11.3 billion in 8 million relief workers

• Employed 3.5 million workers

• Supported unemployed creative, talented citizens. (Art)

Relief/ Reform (temporary jobs)

Federal Deposit Insurance Corp. (FDIC)

Helped Investors by:

• brought more stability to financial markets

• Depositors accounts in American banks were guaranteed up to $5,000

• (Protected investors)

Reform- permanent & prevented future depressions

Social Security Act

Helped elderly by:

• it gave the elderly small reliefs of payments

• Provided assistance to blind and handicapped Americans and to dependent children who don’t have wage-earning parents and to single mothers

• A way to provide stable income for elderly

• Paid for by taking money from current workers salaries

Reform- Still a program today

Securities Exchange Commission (SEC)

Helped investors by:

• enforce newly passed securities laws

• Promote stability in the markets

• Make it a safer place for investments

• Limited margin buying

Reform

National Recovery Admin. (NRA)

Helped laborers by:

• ending ruinous competition, overproduction, labor conflicts, & deflating prices

• Codes covering 22 million workers

• Set prices for some consumer goods

• Vey powerful

• Promoted economic recovery by regulating production

• ONLY PROGRAM THAT HELPED LABORERS

Reform

Tennessee Valley Authority (TVA)

Helped unemployed by:

• irrigation

• Flood control

• Sought to promote economic and industrial growth through investment by government

• Devoted money to construction of dams to provide electricity

Relief/ Recovery- No longer a program