1. Relief:
- Emergency Banking Act: Roosevelt declared a "bank holiday" and implemented measures to restore confidence in the banking system.
- Federal Deposit Insurance Corporation (FDIC): It was established to insure bank deposits and prevent bank runs.
2. Recovery:
- Public Works Administration (PWA): It oversaw the construction of thousands of public projects to create jobs and boost the economy.
- Civilian Conservation Corps (CCC): This program employed young men to carry out conservation projects, such as reforestation and soil conservation.
3. Financial Reforms:
- Securities and Exchange Commission (SEC): This government agency regulated the stock market to prevent manipulation and fraud.
- Glass-Steagall Act: It separated investment banking from commercial banking to reduce the risk of financial crises.
4. Social Security Act:
- This landmark legislation established a social safety net to provide unemployment insurance and old-age pensions.
5. Tennessee Valley Authority (TVA):
- TVA aimed to improve the economy and quality of life in the Tennessee Valley region through the development of hydroelectric power and other infrastructure projects.
6. Works Progress Administration (WPA):
- WPA provided jobs to millions of unemployed workers in a variety of public projects, including the construction of roads, schools, and hospitals.
7. National Labor Relations Act (Wagner Act):
- This law granted workers the right to organize unions and collectively bargain with their employers.
8. Agricultural Adjustment Act (AAA):
- AAA's goal was to support agricultural prices and provide relief to farmers struggling during the Great Depression.
9. Federal Emergency Relief Administration (FERA):
- FERA provided direct financial assistance to millions of Americans in need.
10. National Industrial Recovery Act (NIRA):
- NIRA aimed to regulate industries and establish "codes of fair competition" to stabilize the economy.
Roosevelt's New Deal policies had wide-ranging impacts. While they did not completely eliminate the Depression, they provided much-needed relief to the suffering population, created jobs, and instilled a sense of hope during those challenging times. The New Deal programs played a significant role in shaping the modern American social and economic landscape, and their legacy continues to influence policy discussions today.