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Providing Relief

Providing Relief. New Deal. -Roosevelt forms “Brain Trust” to try and solve problems of the Depression -Three Goals -Relief, Recovery, Reform -The Hundred Days -15 Major Pieces of Legislation -Government Gets Involved -Bank Holiday: Closes Banks only those fit for service reopen.

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Providing Relief

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  1. Providing Relief

  2. New Deal -Roosevelt forms “Brain Trust” to try and solve problems of the Depression -Three Goals -Relief, Recovery, Reform -The Hundred Days -15 Major Pieces of Legislation -Government Gets Involved -Bank Holiday: Closes Banks only those fit for service reopen.

  3. Roosevelt uses Fireside Chats • Makes Americans feel like he is talking directly to them. Explains Banks. • Regulating Banks • Federal Deposit Insurance Corporation: Insures Bank Accounts to $5,000. • Federal Securities Act creates Securities and Exchange Commission (SEC) to regulate stock market.

  4. Helping Americans • Agricultural Adjustment Act (AAA) • Raise farm prices by reducing crops • Tennessee Valley Authority (TVA) • Build dams in the Tennessee Valley • Civilian Conservation Corps • Young people work restoring environment. • Public Works Administration (PWA) part of National Industrial Recovery Act (NIRA) and Civil Works Administration • All created to put people to work and pay them to build public works.

  5. More Alphabet Soup • National Recovery Administration (NRA) • Set prices and wages at fair rates. • Housing and Home Mortgage Problems • Home Owners Loan Corp (HOLC) • Federal Emergency Relief Administration (FERA) • $500 million provided as direct aid for the needy.

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