New Deal

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  • The First New Deal
    • Two broad aims: 1. Relief & recovery 2.Reform & regulation
    • AAA- Agricultural adjustment agency- 1933
      • Subsidies farmers- compensate for cutting  back on goods- eliminate over-production
    • FERA- Federal Emergency Relief Administration- 1933
      • $500 million to State/ local agencies- keeping making relief payments as had no money
    • TVA- Tennessee Valley Association- 1934
      • Federal agency- conservation/ regeneration schemes across seven states- built dams for hydroelectric power, flood control irrigation and other social projects such as education


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