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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 $12.1 billion in 2024) 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]
Herbert Hoover and the Great Depression (1959). scholarly history online; Watkins, T. H. The Great Depression: America in the 1930s. (2009) online; popular history. Wecter, Dixon. The Age of the Great Depression, 1929–1941 (1948), scholarly social history online; Wicker, Elmus. The Banking Panics of the Great Depression (1996) White, Eugene N.
Franklin D. Roosevelt in 1933. The Homeowners Refinancing Act (also known as the Home Owners' Loan Act of 1933 and the Home Owners' Loan Corporation Act) was an Act of Congress of the United States passed as part of Franklin Delano Roosevelt's New Deal during the Great Depression to help those in danger of losing their homes. [1]
Three Cheers for the Unemployed: Government and Unemployment before the New Deal (1992) excerpt and text search; Singleton, Jeff. The American Dole: Unemployment Relief and the Welfare State in the Great Depression (2000) Sternsher, Bernard (1964). Rexford Tugwell and the New Deal. Brunswick, New Jersey: Rutgers University Press. OCLC 466310 ...
Unemployment fell dramatically during Roosevelt's first term. It increased in 1938 ("a depression within a depression") but continually declined after 1938. [209] Total employment during Roosevelt's term expanded by 18.31 million jobs, with an average annual increase in jobs during his administration of 5.3%. [211] [212]
The Civil Works Administration (CWA) was a short-lived job creation program established by the New Deal during the Great Depression in the United States in order to rapidly create mostly manual-labor jobs for millions of unemployed workers. The jobs were merely temporary, for the duration of the hard winter of 1933–34.
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The Banking Panics of the Great Depression (Cambridge University Press, 1996). Wigmore, Barrie. "Was the Bank Holiday of 1933 Caused by a Run on the Dollar?" Journal of Economic History 47#3 (1987): 739–755.