Relief

CCC

During the Great Depression, many people lost their jobs, including construction workers. The CCC was a program that took unemployed construction workers ages 18 to 25 and gave them jobs in the forestry service. They planted trees to stop the Dust Bowl, built reservoirs, and stopped forest fires. This was important because it gave workers jobs and a temporary way to get money. This in turn gave them hope that things would get better and the depression would one day end.

TVA

The TVA or Tennessee Valley Authority was, and still is a organization working on helping the community however they can. The TVA took a different approach during the Depression than other organizations. They mainly helped farmers by restoring the land. The TVA built dams to control flooding and developed fertilizers. The dams that they built are what they use to create electricity. Because of the electricity they created, new industries formed, creating many needed jobs. They also helped to rebuild forests, control and prevent forest fires, and protect wildlife. Now, the TVA is a self-funding organization and has employed over 300,000 people.

CWA

The Civil Works Administration was a job creation program created by FDR's New Deal during the Great Depression to quickly create jobs for America's unemployed, while the jobs the CWA gave were temporary, these jobs gave people a sense of confidence and hope in a time where very little confidence or hope was available.  

Reform

SEC

The SEC or the securities and exchange commission was an agency started to enforce the laws that the government had set on bonds, currency, stocks, national trade agreements, and as well as regulating the security industries. The SEC is said to have a three part purpose: To protect investors; maintain fair, orderly markets, and to promote capital formation.

FDIC

The FDIC helped build people's confidence in the banks. It put insurance on bank deposits so that people knew that their money would always be there. This was important because the lack of confidence in banks caused people to make bank runs, which was one of the main contributors to the depression in the first place.

WPA

The Works Progress Administration was an employment agency that employed unemployed men to construct public works projects as in public buildings,parks, and roads. Between 1936 and 1943, the WPA provided almost eight million jobs, which was great for the American workmen's confidence.

Comment Stream