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* >>details | * >>details | ||
New Deal | |||
Restoring confidence in banks and in America | |||
Federal intervention in economy | |||
Regulations, Social Welfare | |||
FDR administration “relief” and interventions | |||
> see Franklin Roosevelt in Presidents timeline | |||
New Deal laws included: | |||
> Emergency Banking Relief Bill (to stop panics), 1933 | |||
> Banking Act of 1933 | |||
>> authorized the > Federal Deposit Insurance Corporation to insure/ guarantee individual deposits in banks | |||
> Agricultural Investment Act (AAA) | |||
> Farm Credit Act | |||
> National Industrial Recovery Act (NIRA) | |||
>> which created the Public Words Administration (PWA) to build roads and other projects for employment and Civilian Conservation Corps (CCC) to support similar programs in states | |||
>> under the NIRA, FDR seized control of the Tennessee Valley Authority (which built dams and electrical plants) | |||
> National Labor Relations Board (NLRB) | |||
> Securities and Exchange Commission (SEC) | |||
- New Deal legacies: | |||
> Alphabet Agencies: federal agencies, many with abbreviations (AAA, CCC) that were created and led to huge federal increase in regulatory powers | |||
> Social welfare programs became permanent part of federal role in people’s lives | |||
> enacted much of the agenda of the 1900s progressives and 1890s populists | |||
WWII, 1939-45 | |||
US: 1941-45 | |||
Total Mobilization | |||
- Nye Commission of 1936: Senate investigation into arms sales by US companies that led up to WWI, including making bribes to foreign leaders, led to the: | |||
- Neutrality Acts (1935-37) | |||
> barred sale of weapons to nations at war | |||
> official US neutrality as war became inevitable in Asia and Europe | |||
> “isolationism” : anti-war sentiment | |||
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