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Franklin D. Roosevelt’s solution to the Great Depression:

Explore Franklin D. Roosevelt's New Deal initiatives, including the NIRA, Social Security Act, WPA, FDIC, PWA, AAA, and CCC, and their impact on the economy.

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Franklin D. Roosevelt’s solution to the Great Depression:

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  1. Chapter 3: FDR and the New Deal Franklin D. Roosevelt’s solution to the Great Depression: N.E.W. D.E.A.L.

  2. Chapter 3: FDR and the New Deal National Industrial Recovery Act (NIRA) N. The National Recovery Administration (NRA) was created by NIRA The NRA set prices and wage controls throughout the economy, but needed draconian methods to enforce its codes The Supreme Court ruled in 1935 that the NRA was unconstitutional

  3. Chapter 3: FDR and the New Deal E. Enacts Social Security Act (SS) The Social Security Act was created to give pensions to the elderly Money to fund the program is paid through the FICA payroll tax on all workers

  4. Chapter 3: FDR and the New Deal W. Works Progress Adm. (WPA) The WPA provided jobs and income to the unemployed Roads and public buildings were the main projects of the WPA

  5. Chapter 3: FDR and the New Deal D. Deposits Protected (FDIC) The Federal Deposit Insurance Corporation insures savings deposits in banks Was a response to bank failures of the Great Depression

  6. Chapter 3: FDR and the New Deal E. Erects Public Works Adm. (PWA) The PWA was created to spend “big bucks on big projects” Notable projects include Overseas Highway in the Florida Keys, Grand Coulee Dam, and Triborough Bridge, New York

  7. Chapter 3: FDR and the New Deal A. Agricultural Adjustment Adm. (AAA) The purpose of the AAA was to pay (subsidize) farmers to reduce crop area If crop production dropped then food prices would rise and develop stability for farmers again

  8. Chapter 3: FDR and the New Deal L. Launched Civilian Conservation Corps (CCC) The CCC was a work relief program for young men from unemployed families The CCC set up camps run by the Army where the young men lived Participants worked on projects such as constructing logging and fire roads and trails in city, state, and national parks

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