People waiting outside a bank before the New Deal

ZIMSEC O Level History Notes: The United States of America (USA) 1920-1939: First Hundred days or the First New Deal

  • The Emergency Banking Act of 1933 saw the closure of all banks for checking by the government with 5000 trusted one reopening a few days later
  • The Civilian Conservation Corps was established in 1933 to provide jobs for unemployed young men
  • The Agricultural Adjustment Administration was set up also in 1933 to control all agricultural activities and guarantee farm produce prices
  • The Federal Emergency Relief Administration was responsible for catering for those in total poverty and the needy and it was given 500 million dollars for nurseries, blankets and soups
  • Another programme was the Tennessee Valley Authority which was responsible for the production of electricity and management of the Tennessee river and its natural resources which it did successfully
  • The National Recovery Administration of June 1933 had the role stabilize manufacturer’s prices and improving working conditions
  • The Public Works Administration was responsible for the creation of jobs on a large scale sector through public works schemes
  • Another programme called the Farm Credit Administration was responsible for assisting farmers to pay for land and giving credit to farmers
  • The Home Owners’ Loan Corporation assisted people to pay off their mortgages by providing easier terms of paying mortgages
  • The Civil Work Administration offered temporary work relief which was paid

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