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The Works Progress Administration (WPA; renamed in 1939 as the Work Projects Administration) was an American New Deal agency that employed millions of jobseekers (mostly men who were not formally educated) to carry out public works projects, [1] including the construction of public buildings and roads.
The First New Deal (1933–1934) dealt with the pressing banking crisis through the Emergency Banking Act and the 1933 Banking Act.The Federal Emergency Relief Administration (FERA) provided US$500 million (equivalent to $11.8 billion in 2023) for relief operations by states and cities, and the short-lived CWA gave locals money to operate make-work projects from 1933 to 1934. [2]
The NBER defines an expansion as a period when economic activity rises substantially, spreads across the economy, and typically lasts for several years. [1] During the 19th century, the United States experienced frequent boom and bust cycles. This period was characterized by short, frequent periods of expansion, typically punctuated by periods ...
The PWA headquarters in Washington planned projects, which were built by private construction companies hiring workers on the open market. Unlike the WPA, it did not hire the unemployed directly. More than any other New Deal program, the PWA epitomized the progressive notion of "priming the pump" to encourage economic recovery.
The economic history of the United States spans the colonial era through the 21st century. The initial settlements depended on agriculture and hunting/trapping, later adding international trade, manufacturing, and finally, services, to the point where agriculture represented less than 2% of GDP.
It was replaced in 1935 by the Works Progress Administration (WPA). During the Hoover Administration, the federal government gave loans to the states to operate relief programs. One of these, the New York state program TERA (Temporary Emergency Relief Administration), was set up in 1931 and headed by Harry Hopkins , a close adviser to then ...
Federal Project Number One, also referred to as Federal One (Fed One), is the collective name for a group of projects under the Works Progress Administration, a New Deal program in the United States. Of the $ 4.88 billion allocated by the Emergency Relief Appropriation Act of 1935 , [ 1 ] $27 million was approved for the employment of artists ...
Belgium experienced a brief but very rapid economic recovery in the aftermath of World War II. The comparatively light damage sustained by Belgium's heavy industry during the German occupation and the Europe-wide need for the country's traditional exports (steel and coal, textiles, and railway infrastructure) meant that Belgium became the first ...