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New deal - Admission/Application Essay Example

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These agencies were created in order to fight depression in the United States. They were created during Franklins first 100 days after he…
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Download file to see previous pages... s was created in the year 1933 and its purpose was to pay farmers for failure to plant crops so that surplus could be reduced and in turn increase demand for major farm produce and raise prices. They also protected farmers from drop in prices by providing other crop subsidies and reduce production (Reading 43). They would also provide educational programs in order to teach them ways of avoiding soil erosion.
CWA, its full name was Civil Works Administration and was created in the year 1933.It mainly dealt with construction jobs like school repairs, laying sewer pipes and building roads. The workers were paid an average of 15 dollars per week (Badger 19). The jobs in CWA were later criticized as useless and thus were disbanded in less than a year afterwards.
FSA, Farm Security Administration was founded in the year 1937.Formerly FSA was called Resettlement Administration. This new deal had been started to help sharecroppers. It had set temporary housing for Okies and Arkies who were refugees from Oklahoma and Arkansas and had migrated from California and came in search of work (Reading 44).
FDIC, Federal Deposit Insurance Corporation. This was created by Glass-Steagall a banking reform Act year 1933.The purpose of establishment was to encourage savings in banks as well as restoring confidence. According to Badger, this was to insure the bank customers against loss of their money if the bank failed of up to 5000 US dollars (22).
FERA, Federal Emergency Relief Administration. It was created in the year 1933.It supported almost five million households every month and also funded thousands of projects for the unemployed (Reading 46). FERA also provided education for millions of poor people and also vaccinations.
FHA, Federal Housing Administration. It was created in the year 1934 and its main purpose was to stimulate building industry and provided loans for home construction (Badger 23). In the same year a program referred to as Home Owners Loan Corporation .It ...Download file to see next pagesRead More
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