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New Deal. What was the New Deal? Series of economic programs put in place to help jumpstart the economy Helped in areas such as banking, railroads, farming, and industry 3 R’s- Relief, Recovery, Reform. CCC. Civilian Conservation Corps
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New Deal • What was the New Deal? • Series of economic programs put in place to help jumpstart the economy • Helped in areas such as banking, railroads, farming, and industry • 3 R’s- Relief, Recovery, Reform
CCC • Civilian Conservation Corps • It was a work relief program that provided work for unemployed & unmarried men. • Ages 18-25 • Unskilled manual labor (Building roads, forest protection, wildlife)
Questions • What did Mrs. Roosevelt think were the agencies main achievements? • Do you think a program such as the CCC would be accepted today? Why or why not?
AAA • Agricultural Adjustment Administration • Restricted agricultural production by paying farmers subsidies not to plant on part of their land • They also asked that the farmers kill any excess livestock • This caused there to be less crops available, thus raising the prices of the crops
Other Programs • FDIC – Federal Deposit Insurance Corporation • Insures individual bank deposits up to 250,000$ • TVA – Tennessee Valley Authority • Constructed dams and power projects and developed the economy of a nine-state area in the Tennessee River Valley • FHA – Federal Housing Administration • Insured loans provided by banks for the building and repair of houses