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New Deal Programs and Impacts. Economic Recovery. Job Programs—CCC, PWA, WPA, NYA Farmers—AAA, REA, FSA: Tried to help raise food prices, bring electricity to rural areas, and low interest loans so farmers could keep farms. Economic Recovery.
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Economic Recovery • Job Programs—CCC, PWA, WPA, NYA • Farmers—AAA, REA, FSA: Tried to help raise food prices, bring electricity to rural areas, and low interest loans so farmers could keep farms.
Economic Recovery • Business—NRA: National Recovery Administration: Tried to promote industrial growth • Labor—Wagner Act, NLRB, FLSA: Protected labor unions and workers’ rights of collective bargaining.
Banking and Finance • Bank Holiday—All banks closed for inspection and strong banks could reopen. • FDIC—Federal Deposit Insurance Corporation: insured bank accounts up to $5000. • SEC—Securities and Exchange Commission: Prevent insider trading and companies must give accurate information about their performance.
Help for Needy • Housing: HOLC and FHA—created to provide low interest mortgages • Direct Relief: FERA • Retirement and Unemployment: SSA—Social Security Administration