HIST 221 Lecture Notes - Lecture 16: Flood Mitigation, Federal Reserve System, Civil Works Administration
10 Sep 2017
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Agenda: we talked about the causes and condition of the great depression, election of fdr in 1932, today: the new deal. Programs and policies: first new deal, second new deal. First 100 days (1933: fdr got congress to pass 15 major pieces of legislation. Beer-wine revenue act (end of prohibition!: raise federal revenue to get the nation out of depression, end of prohibition. Unemployment relief act (ccc: civilian conservation corps. A public work relief program for the unemployed unmarried men from relief families as a part. Federal emergency relief act (fera) national relief program: fera. Gave loans to states to operate relief programs. Provided navigation, flood control, electricity generation, fertilizer manufacturing, and economic development. Home owner"s loan act: refinance home mortgages to prevent foreclosure. National industrial recovery act: set up system of industrial self-government, est. Public works administration: regulate industry in an attempt to raise prices after server deflation and stimulate economic recovery.
