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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 $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]
[3] [4] The new framework after 1914 had little or no impact on the direction and magnitude of merger activity. [5] Public officials during the Progressive Era put passing and enforcing strong antitrust high on their agenda. President Theodore Roosevelt sued 45 companies under the Sherman Act, while William Howard Taft sued 75.
Sherman Act 1890 § 1 Preventing collusion and cartels that act in restraint of trade is an essential task of antitrust law. It reflects the view that each business has a duty to act independently on the market, and so earn its profits solely by providing better priced and quality products than its competitors. The Sherman Act §1 prohibits "[e]very contract, combination in the form of trust ...
Historians of educational reform during the Progressive Era tend to highlight the fact that many progressive policies and reforms were very different and at times even contradictory. At the school district level, contradictory reform policies were often especially apparent, though there is little evidence of confusion among progressive school ...
The Square Deal was Theodore Roosevelt 's domestic program, which reflected his three major goals: conservation of natural resources, corporate law, and consumer protection. [1] These three demands are often referred to as the "three C's" of Roosevelt's Square Deal. Thus, it aimed at helping middle-class citizens and involved attacking ...
The Public Works Administration (PWA), part of the New Deal of 1933, was a large-scale public works construction agency in the United States headed by Secretary of the Interior Harold L. Ickes. It was created by the National Industrial Recovery Act in June 1933 in response to the Great Depression. It built large-scale public works such as dams ...
The history of the socialist movement in the United States spans a variety of tendencies, including anarchists, communists, democratic socialists, social democrats, Marxists, Marxist–Leninists, Trotskyists and utopian socialists. It began with utopian communities in the early 19th century such as the Shakers, the activist visionary Josiah ...
Alphabet agencies. The alphabet agencies, or New Deal agencies, were the U.S. federal government agencies created as part of the New Deal of President Franklin D. Roosevelt. The earliest agencies were created to combat the Great Depression in the United States and were established during Roosevelt's first 100 days in office in 1933. In total ...