history

• Farm Credit Administration (FCA)


  Provided loans to farmers to prevent them losing their farms
• Prevented further repossessions and homelessness in rural America
• Alphabet Agencies


  • AAA (Agricultural Adjustment Agency)
  • CCC (Civilian Conservation Corps)
  • CWA (Civilian Works Administration)
  • FERA (Federal Emergency Relief Administration)
  • HOLC (Home Owners Loan Corporation)
  • NRA (National Recovery Administration)
  • PWA (Public Work Administration)
  • TVA (Tennessee Valley Authority)
• AAA (Agricultural Adjustment Agency)


  Paid farmers to reduce production and destroy crops, which led to a doubling of food prices and farmer incomes
• CCC (Civilian Conservation Corps)

  Employed 25 year olds in the countryside to do jobs like planting trees, digging canals, and strengthening river banks
• CCC faced heavy criticism as food was being destroyed when millions in the cities were going hungry
• CWA (Civilian Works Administration)


  Provided temporary work for 4 million men, building schools, paving roads, and public toilets
• Unemployed actors, artists and researchers also received jobs under this agency
• FERA (Federal Emergency Relief Administration)


  Gave $500 million to the states to help the poor and starving
• HOLC (Home Owners Loan Corporation)


  Gave loans to people struggling to pay their mortgages, helping 300,000 homeowners in the first year
• NRA (National Recovery Administration)

  Encouraged workers and employers to work out codes of fair conditions, wages and prices
• 1. 5 million firms, employing 22 million workers joined the NRA, but there were many strikes as the scheme was voluntary
• TVA (Tennessee Valley Authority)


  Provided work building dams and electric power stations along the Tennessee River, one of the poorest areas in America
• Thousands of jobs were created, the land was improved, and it led to new industries like light engineering moving to the area