History Of New Deal Reforms

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Faazilah Mohamed
APUSH, Period 3
Mr. Howden
3 March 2014
New Deal Reforms
a. Emergency Banking Relief Act was created to investigate and regulate banks by the federal government. It monitored transactions in credit, currency, and the foreign exchange.
This was a "relief" act and worked to help industry/finance/corporations.
b. Civilian Conservation Corp was created to provide jobs for single males.
This was a "relief" act and aided workers that were previously unemployed.
c. The Federal Emergency Relief Administration helped provide jobs to the unemployed as well, mainly giving jobs to males.
This was a "relief" act and also helped workers find jobs.
d. Agricultural Adjustment Act was a government regulation that limited crop production to allow farmers wages to rise.
This was an act of reform and served to help farmers.
e. The Tennessee Valley Authority helped develop the Tennessee Valley through the development of the electric plant and other infrastructure.
This was a recovery act and helped businesses by funding their projects, and the money eventually trickled down to the workers.
f. The Homeowners Refinancing Act helped homeowners meet mortgages by providing them loans when needed.
This act was a "relief/recovery" act and helped farmers because they had to pay their mortgage off.
g. The National Industry Recovery Act was created to regulate the money supply and interest rate.
This was a recovery act and helped industry/finance/business.
h. The Public Works Administration gave many unemployed men jobs in the government in order to increase the purchasing power and stimulate the economy.
This was a recovery act and aided workers.
i. The Glass-Steagall Banking Reform Act served to provide and insurance of money deposited ...

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... along with the wages of workers. The government simply let this be, preferring the efficiency and growth of the business sector over stringent regulation. Labor Unions and other groups that attempted to slow production did not garner support in federal courts. In the 1930's, however, the New Deal under Roosevelt utilized heavy government intervention in support of special-interest groups to aid labor and agriculture. The Agricultural Adjustment Act demonstrated explicit government support and funding for the limiting of production to ensure that farmer's wages could rise. The Works Public Administration also pumped funds into workers' benefits from the government. The New Deal therefore demonstrated a more active government support policy towards labor and agriculture in the 1930's when compared to the Republicans' support of business and industry a decade earlier.

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